CAIRO: No more browsing from site to site, view the top business news stories on August 25 here:
30 schools to be opened in 2 yrs in 3 cities
A total of 30 schools will have been established in the cities of Obour, Sadat and Badr in two years, five of which have already been built, Youm7 reported Friday.
2 in wheat corruption case pay 127M EGP
Two defendants in the high profile case of corruption at wheat silos have paid the government 127 million EGP thus far while still detained. The case includes 19 defendants, more than 15 of them are officials at the Ministry of Supply and the Ministry of Agriculture for embezzling 621 million EGP. The fraud mainly involved mixing local subsidized wheat with imported wheat and taking over the price difference.
63K housing units being built for slum inhabitants at 9B EGP
The Housing Ministry is building 63,000 housing units for the inhabitants of slums at a cost of 9 billion EGP, Deputy of Housing Minister Ahmed Darwish told Cairo 360 show Thursday.
He added there are nine apartment complexes being built in Sohag, Upper Egypt to house inhabitants of slums, noting that President Abdel Fatah al-Sisi ordered the ministry to “resolve” the issue of slums in two years.
Egyptian runs for FIB board membership
Egyptian Wael Ali is running for the membership of the board of the International Pharmaceutical Federation (FIB), representing the MENA region. The pharmacist is the first Egyptian to run for such a position.