UPDATE – Egypt’s politics digest Sept. 26: Sisi promises solution to rising commodities crisis in 2 months
Egypt’s President Abdel Fatah al-Sisi

CAIRO: No more browsing from site to site, view the top business news stories on Sept. 26 here:


Sisi promises decrease in prices of commodities in 2 months

President Abdel Fatah al-Sisi has promised Egyptians to solve the problem of rising commodities prices within two months during his speech at the inauguration of a housing project in Alexandria.


Sisi said addressing the public during the opening of Bashayer el-Kheir Project that the items’ prices will see a decline, adding that the prices are under control despite prices of dollar.


He also promised that by June 2018 around 50 percent of villages will be supported sewage networks.


Russian Transport Minister in Cairo to discuss flight resumption to Egypt

Russia’s transport minister Maksim Sokolov is set to arrive in Cairo Monday, where he is scheduled to meet with Egypt’s Civil Aviation Minister Sherif Fathy and discuss Russian flight resumption to Egyptian airports.

Fathy visited Moscow Wednesday, where he stayed for three days and held few meetings with officials on flight resumption.


Gov’t must raise awarness of birth control: MP

The government must raise the people’s awareness of the population crisis, as the Egyptian people do not accept “limiting,” as opposed to “regulating” birth, for religious reasons, Member of Parliament Ahmed Argawy told Youm7 Monday.

The government should also put an end to illiteracy, poverty and unemployment to resolve the crisis, the undersecretary of the health committee said.


Parliament to demand replacement of Agriculture Minister over Russian wheat: MP

The parliament will demand the replacement of Agriculture Minister Essam Fayed in the next cabinet reshuffle due to his “bad handling” of the Russian wheat issue, Member of Parliament Nader Mostafa told Youm7 Monday.

Mostafa said the minister issued a “hasty decision” to ban the import of wheat that contains any percentage of ergot although there are international standards that allow the existence of a maximum of the fungus.

He added that Fayed rejected a wheat shipment from Russia without having an alternative plan on how to provide wheat to match local needs.


Gov’t should launch programs to raise awareness of small enterprises: MP

Gov’t should launch programs to introduce the youth to small enterprises because providing loans for such projects is not enough as long as there is no awareness, Member of Parliament Ehab Mansour told Youm7.

The programs should include ideas, locations of job opportunities, seminars and conferences attended by experts, he said Monday.


Draft law punishes people who splatter water on streets with prison, fine

The law on water to be presented to the parliament soon includes an article punishing people who waste water by splattering it on streets or washing cars with a fine of 20,000 EGP and a 6-month in prison term, Youm7 reported.

Member of Parliament Abdel Wahab Khalil told Youm7 Monday he would propose an amendment to make the fine of 5,000 minimum and 10,000 maximum, saying that the higher the fine, the more likely the judge would not use the maximum punishment.

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