AfrLabs Annual Gathering 2017 in Cairo - AfriLabs webisteCAIRO – 18 October 2017: The annual gathering of AfriLabs, the largest network of technology and innovation hubs in Africa, has kicked off in Cairo Wednesday.The gathering is the biggest meeting of stakeholders in the African technology ecosystem.The attendees include innovation hubs, startups, government’s representatives and economists, who come together to exchange knowledge, network and build partnerships.The AfriLabs Annual Gathering focuses on trending tech hub practices, local innovators and innovative solutions to relevant African issues.This year’s theme “Smart Cities” is focused on employing big data and Internet-of-Things applications to improve the different aspects of daily life like data analytics, water/waste Management, buildings and infrastructure, energy management, transportation and cyber security, according to AfriLabs official website.The event is taking place from 18-20 October in the French University in Al-Shorouk city, northeast of Cairo.AfriLabs holds an annual gathering each year, bringing together members of its 50-strong tech hub network, inviting delegates to share insights and best practices in the technology field.
October 18, 2017 16:30 UTC
Mohamed Salah, ReutersSeven goals. Only one @carlsberg Man of the Match. Who gets your vote? 🔥 — Liverpool FC (@LFC) October 17, 2017CAIRO – 18 October 2017: Liverpool’s Egyptian winger Mohamed Salah was selected the best player of his team's match against Slovenia's Maribor in the Champions League on Tuesday.Salah, 25, scored 2 goals and provided an assist to lead his team to destroy their opponent 7-0.Liverpool tops group E with 5 points, as the Reds had draws in the first two games in the group against Sevilla and Spartak Moscow before achieving their first win on Tuesday.Liverpool’s Twitter account chose Salah as the “man of the match”, posting his photo to celebrate one of his goals, with a comment saying, “He only needed less than an hour.”Liverpool manager Jurgen Klopp substituted Mohamed Salah in the 57th minute when Liverpool was leading 5-0 and as the team already secured three points.Mohamed Salah joined Liverpool this summer from Italian club Roma, and since then, he had an amazing performance with the team, scoring 8 goals in all competitions.
October 18, 2017 16:30 UTC
General-Prosecutor Nabil Sadek ordered on Tuesday the referral of an Egyptian man accused of killing Coptic Priest Samaan Shehata to the Cairo Criminal Court. The case occurred on Thursday when a priest was killed and another was injured by a man in El-Marg, east of Cairo. The priests were reportedly on their way to collect donations for the church. The defendant blocked their way and stabbed Shehata to death and injured the other, according to media reports. A video circulated on social media shows the suspect chasing the victim and stabbing him.
Source:Daily News Egypt
October 18, 2017 16:30 UTC
Egypt received the first of four Gowind corvettes, named Al-Fateh, on Wednesday after reaching Egyptian waters coming French port of Lorient. The deal between the Egyptian navy and French manufacturer Naval Group includes three more similar vessels. During the trip to Egypt, the corvette participated in a drill with the French navy in the Atlantic ocean. The deal is part of the armed forces support for “combat and technical capabilities” of naval forces, according to the Egyptian army official spokesperson. Last July, A military drill between the naval forces of Egypt and France took place with the presence of the newly acquired Mistral warships in regional waters in both the Red Sea and the Mediterranean Sea.
Source:Daily News Egypt
October 18, 2017 16:07 UTC
Trump holds meeting with Senate Finance Committee members at White House in Washington -- REUTERSWASHINGTON - 18 October 2017:U.S. President Donald Trump said on Wednesday he would "not do anything to enrich" insurance companies, strengthening his opposition to a deal between Republican and Democratic senators to stabilize Obamacare by restoring subsidies to health insurers.Republican Senator Lamar Alexander, who reached the agreement with Democratic Senator Patty Murray, said earlier that Trump had "completely engineered" the proposal.
October 18, 2017 15:56 UTC
EU negotiators want "sufficient progress" to justify opening trade negotiations with Britain. "At the moment, the assessment is it is not 'sufficient'," the German official said, but stressed that not all issues affecting the withdrawal of Britain in March 2019 needed to be fully resolved before discussing the future relationship. "It is not the case that nothing has happened since the beginning of the negotiations," the official added. On what is important to us, citizens rights, we've made a lot of progress. I think everyone is aware of that, and so I am confident we will come to a solution there.
October 18, 2017 15:33 UTC
Marzouq al-Ghanim, Kuwait's parliament speaker - photo fileCAIRO – 18 October 2017: Marzouq al-Ghanim, Kuwait's parliament speaker, expelled the Israeli delegation from the meeting of the Inter-Parliamentary Union currently held in Russia's Saint Petersburg.During his speech in the last session, Ghanim shouted at the Israeli delegation calling them “occupiers and child killers” as a reply to their claims concerning the Palestinian prisoners detained in Israeli prisons.He addressed the head of the Israeli delegation: "You occupier, you must carry your bags and get out of the hall after seeing the reactions of the parliaments of the world. Get out of the hall if you have an atom of dignity.”
October 18, 2017 15:22 UTC
Trade- Vyacheslav Argenberg via FlickerCAIRO – 18 October 2017: The import bill of food commodities declined 15.7 percent in the first eight months of 2017 to $4.79 billion, compared with $5.68 billion in the same period last year, according to the monthly bulletin of the General Organization for Export & Import Control (GOEIC) released Wednesday.Supply commodities include 15 food items, representing 16 percent of Egypt’s non-oil imports, which registered $35.1 billion from January to August 2017.The biggest decline was in imports of meat, which decreased 48 percent to $411.4 million, compared to $797.1 million in the same period last year. This was followed by beans’ imports that fell 44 percent to $110.7 million, compared with $198 million in the corresponding period of 2016.The deficit in the trade balance slumped $12.23 billion (37 percent) in the first eight months of 2017, to stand at $20.1 billion compared to $32.4 billion in the same period in 2016, Minister of Industry and Foreign Trade Tarek Kabil said last week.Non-petroleum exports in that period increased 11 percent to $15 billion, compared with $13.5 billion from January to August last year, Kabil added.Meanwhile, non-petroleum imports declined 23 percent from $45.5 billion to $35.1 billion in the same period, marking a 23 percent decrease.
October 18, 2017 14:48 UTC
Tarek Amer, Governor of the Central Bank of Egypt – File PhotoCAIRO – 18 October 2017: Governor of the Central Bank of Egypt (CBE) Tarek Amer on Wednesday said that monetary reform measures led to increasing foreign currency inflows into the country hitting $80 billion since the exchange rate was floated in November.In statements carried by Al Arabiya news channel, he added that the Bank has outlined a comprehensive program for solving the foreign currency problem.Floating the exchange rate is part of a program for regulating the financing policy in Egypt, he added.
October 18, 2017 14:15 UTC
A bipartisan Senate deal to curb the growth of health insurance premiums is reeling after President Donald Trump reversed course and opposed the agreement, and top congressional Republicans and conservatives gave it a frosty reception. Although top Democrats and some Republicans praised the Alexander-Murray agreement, Trump backed off after a day of criticism from many in the GOP. The deal includes provisions allowing states faster and easier access to waivers that would allow them to shape their own marketplace plans under the health law. A federal judge ruled in a 2014 lawsuit brought by House Republicans that Congress never legally authorized spending money for the insurers’ subsidies. Obama and Trump, initially, continued making the payments, though Trump declared last week he would pull the plug.
October 18, 2017 14:03 UTC
A non-governmental organization based in Upper Egypt’s governorate of Minya recently drafted a suggested law in an attempt to control the unprecedented over population in the country. The law, in theory, if implemented, would restrict procreation by making it necessary for married couples to obtain a license from the government. “Violators may also face the possibility of paying fines to the government — and they would be deprived from obtaining the ‘procreation license’ for at least the following five years,” he added. Nady explained that his organization will provide the draft law to parliamentarians next week for the sake of provoking discussion. Professor of marital relations and behavioral science, Mysoon El Fayoumi, said that “procreation licenses” are not a natural fit in Egyptian society because of religious beliefs that consider procreation as a duty.
October 18, 2017 13:52 UTC
EGX- File PhotoCAIRO – 18 October 2017: The Egyptian Exchange (EGX) ended Wednesday on mixed note, as benchmark EGX30 grew 0.48 percent at the end of the trading session to stand at 13,590 points.The small and mid-cap index EGX70 went down 0.93 percent to end at 797 points. The broader index EGX100 also leveled down 0.87 percent to close at 1,763 points.Market capitalization gained LE 5.97 billion Wednesday to reach LE 768 billion compared to LE 762.058 billion in the latest session on Tuesday.Egyptian and Arab individuals and Arab institutions were net sellers at LE 297.1 million, LE 20.08 million, LE 15.6 million respectively.Meanwhile, foreign individuals as well as Egyptian and foreign institutions were net buyers at LE 16.1 million, LE 164.5 million and LE 152.9 million respectively.Shares of 121 companies recorded increases and 52 companies marked declines, while shares of 19 firms remained unchanged.
October 18, 2017 13:41 UTC
Iran’s military chief warned Israel against breaching Syrian airspace and territory on a visit to Damascus on Wednesday, raising tensions with Israel as it voices deep concern over Tehran’s influence in Syria. General Mohammad Baqeri pledged to increase cooperation with Syria’s military to fight Israel and insurgents, Iranian and Syrian state media said. “We drew up the broad lines for this cooperation,” Syrian state media cited the Iranian military chief of staff as saying. Israel’s air force says it has struck arms convoys of the Syrian military and Hezbollah nearly 100 times during the war. This week, the Israeli military said it attacked a Syrian anti-aircraft battery that had fired at its planes over Lebanon.
October 18, 2017 13:30 UTC
A draft of a comprehensive social health insurance law has almost been finalized and is expected to be submitted to the House of Representatives within two weeks, Health Minister Ahmed Emad Eddin said on Tuesday evening. Eddin stressed that the Health Ministry is following up on the shortages, as well as their prices. According to the minister, the Health Ministry works on the development of pharmaceutical national companies, to address price increases by foreign companies. The Health Ministry is in the works to open and develop 31 hospitals, he said. The Health Ministry has asked the Ministry of Planning for a budget to conduct awareness campaigns on the overpopulation crisis and family planning methods.
October 18, 2017 12:56 UTC
UAE Minister of State for Foreign Affairs Anwar Gargash - REUTERSستستمر الجزيرة وإعلام قطر في فبركة التقارير السلبية حول الإمارات،وسيبقى بيت القصيد تصحيح قطر لتوجهها في دعم التطرف والإرهاب للخروج من أزمتها — د. أنور قرقاش (@AnwarGargash) October 16, 2017CAIRO – 18 October 2017: Foreign Minister of the United Arab Emirates Anwar Gargash lambasted the constancy of the Qatari-owned Al-Jazeera channel in propagating false news and intentionally fabricating reports about Arab nations.“Al-Jazeera and Qatari media are still fabricating negative reports about the UAE; repudiating such policies that support terrorism and extremism is the only way to resolve the current deadlock,” Gargash tweeted on Monday.Shutting down Al-Jazeera was included in the list of Arab demands that was handed over to Doha for reconciliation. The demands came following the complete boycott placed on Qatar by Saudi Arabia, Egypt, UAE and Bahrain over alleged support for terrorism.
October 18, 2017 12:45 UTC