Egypt stocks hit record highs in 2025 as reforms fuel rally: Cabinet    Egypt condemns Israeli strikes on Lebanon, Syria    Egypt signs strategic agreements to attract global investment in gold, mineral exploration    Egypt launches first national workshop on food systems, climate action with UN, global partners    Al-Sisi reviews Egypt's food security, strategic commodity reserves    Syria says it will defend its territory after Israeli strikes in Suwayda    Egypt urges EU support for Gaza ceasefire, reconstruction at Brussels talks    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Egypt's gold prices grow on July 13th    CBE's Abdalla attends Arab central bank governors' meeting ahead of Sept summit    Egypt's Health Min. discusses drug localisation with Sandoz    Egypt, Mexico explore joint action on environment, sustainability    Egypt, Mexico discuss environmental cooperation, combating desertification    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM urges BRICS to prioritise peace    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Newsreel
Published in Al-Ahram Weekly on 22 - 06 - 2006


China steps in
IN EFFORTS to boost bilateral ties, Egypt and China have reached several economic and political agreements. During Chinese Prime Minister Wen Jiabao's two-day visit, he met his Egyptian counterpart Ahmed Nazif on Saturday and signed 10 trade and investment accords, including pacts that covered cooperation in energy and other economic and technology fields. Nazif urged Wen to boost Chinese investment in Egypt and push the creation of a planned joint industrial zone near the Egyptian port city of Suez. China also agreed to give Egypt a $50 million loan.
On Sunday, President Hosni Mubarak met Wen and agreed that Beijing and Cairo should work toward peace in the Middle East, using their own economic advantages and maintaining high-level exchanges and visits. Egypt and China also agreed not to have any official ties with Taiwan or supporters of Taiwanese independence.
Wen also delivered an invitation to Mubarak from Chinese President Hu Jintao to attend the Afro-Chinese Forum to be held in Beijing in November.
Wen and Nazif had attended celebrations at the Pyramids to mark the 50th anniversary of the establishment of relations between the two countries. Wen, who left on Sunday, continued his African tour of Ghana, Angola, South Africa, Tanzania and Uganda.
Hanafi brothers executed
TWO BROTHERs of Assiut's Hanafi clan were executed on Sunday for charges ranging from drug trafficking and murder to illegal possession of weapons and land. Ezzat and his younger brother Hamdan, along with 78 others, received sentences in a court in Alexandria following their arrest in February 2004 after a week-long standoff involving a hostage situation. Police had raided the village and freed the 107 hostages that were captive in the Hanafi fortress-like residence. The Hanafi brothers were also fined LE100,000 each in September of last year.
The Awlad Hanafi family, led by Hamed Mohamed Hamed, or Ezzat, had basically controlled the Nile island of Nekheila in Assiut, around 320 kilometres south of Cairo, for more than three decades. The family ran a massive drug trafficking and illegal gun trade business, creating an empire dubbed by locals as the "Awlad Hanafi era".
Three of the 78 defendants were given life sentences and LE100,000 fines, while others received sentences between three and 15 years. Twenty defendants were acquitted, including two in absentia.


Clic here to read the story from its source.