Egypt extends Eni's oil and gas concession in Suez Gulf, Nile Delta to 2040    Egypt, India explore joint investments in gas, mining, petrochemicals    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egyptian pound inches up against dollar in early Thursday trade    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt, South Africa discuss strengthening cooperation in industry, transport    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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    







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Sunday''s papers: Elections, pirates, and the price of wheat
Published in Almasry Alyoum on 22 - 08 - 2010

State-run newspapers Al-Ahram and Al-Akhbar reported on yesterday's action by the National Democratic Party (NDP) to submit applications to join the parliamentary elections. Ahmed Fathi Sorour, Speaker of People's Assembly, announced himself to be an early applicant to run in the upcoming parliamentary elections. Mofeed Shehab, Minister of State for Legal Affairs and Parliamentary Councils, as well as Zakareyya Azmi, Chief of Presidential Staff, are also candidates. Al-Ahram reported an increasing number of women who stand for elections in different governorates.
Youssef Boutros Ghali, Minister of Finance, said the global wheat price hike will not affect subsidized bread, according to Al-Ahram. Ghali said the general budget designated LE13.5 billion for the Supply Commodity Authority in order to make commodities like rice, sugar, cooking oil, and tea, as well as subsidized wheat, available.
Sugar prices reached US$575 yesterday in global stock markets, an increase of US$110. Experts attribute the increase to a heat wave in India and Pakistan that caused those two nations to refrain from importing sugar. According to Al-Wafd, Ahmed Yehia, head of grocery division at the Cairo Chamber of Commerce, expects impending price stability as new production enters the market in three months.
Al-Ahram, Al-Akhbar, and Al-Gomhouriya reported on the disappearance of the Van Gogh painting Poppy Flowers from the Mahmoud Khalil Museum yesterday. Minister of Culture Farouq Hosni was quoted by three newspapers as saying procedures of retrieving the painting are ongoing. Though Mohsen Shaalan, Head of the Sector of Fine Arts, assured the public the painting had been retrieved, the information was proven innaccurate, according to Hosni. Meanwhile, privately owned Al-Shorouk newspaper, reported that security had thwarted an attempt by two Italians to steal the painting.
High-ranking sources told Al-Shorouk that authorities have surveyed lands owned by parliamentary members in Suez, Ismailia, and South Sinai, areas specifically known for investments. Reports will be submitted to the president. Preliminary surveys indicated that these lands have exceeded 150,000 feddans.
Al-Shorouk also reported on the Central Auditing Organization (CAO), which submitted a report accusing some members of parliament, the Shura Council, as well as a number of advisers to Prime Minister Ahmed Nazif, of wasting public money by allowing the rich to be supported by the state and, thus, depriving the poor of state funds.
Al-Wafd, reported on protests in Fayoum and Qalyoubiya resulting from a water shortage. Hundreds clashed with police after blocking the road that links Fayoum to Qaroun lake. Protesters used microphones to urge citizens to stop paying their electricity bills in protest.
Al-Dostour reported recent developments on the hijacked ship, the MV Suez. Abdel Meguid Matar, head of the Red Sea Navigation Company, which owns the ship, said he contacted pirates through Egyptian and Somali mediators. Negotiations succeeded in reducing the ransom from US$20 million to US$4 million. Negotiations toward a further reduction, Matar added, are ongoing.
Sailors are in good shape despite the bad treatment they receive, according to Al-Dostour. However, Al-Shorouk reported that two crew members are suffering from diabetic comas due to lack of medicine.
Egypt's papers:
Al-Ahram: Daily, state-run, largest distribution in Egypt
Al-Akhbar: Daily, state-run, second to Al-Ahram in institutional size
Al-Gomhorriya: Daily, state-run
Rose al-Youssef: Daily, state-run, close to the National Democratic Party's Policies Secretariat
Al-Dostour: Daily, privately owned
Al-Shorouq: Daily, privately owned
Al-Wafd: Daily, published by the liberal Wafd Party
Al-Arabi: Weekly, published by the Arab Nasserist party
Youm7: Weekly, privately owned
Sawt al-Umma: Weekly, privately owned


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