The Minister of Housing, Utilities, and Urban Communities, Mostafa Madbouly, announced that the sales of “Sakan Misr” conditions booklets reached 8,463 in the first day across 8 branches of the Housing and DevelopmentBank (HDB). The minister assured that there is no need to contend or to worry about running out of conditions booklet as there are instructions to print new ones in case the existing ones run out from the HDB. The applicants will deliver the reservation form and pay the down payment, which reflects the seriousness of the buyer. This project is suitable for a citizen whose income does not comply with the booking conditions of social housing apartments. It is being implemented for the first time in Egypt at a lower price than the middle-class housing project “Dar Misr” and in larger areas than the social housing project “million units.”
August 17, 2017 07:30 UTC
The outstanding balances from treasury bonds in local currency owed by the government recorded an increase from EGP 677.45bn at the end of June to EGP 679.76bn at the end of July 2017, according to the Ministry of Finance. A recent report issued by the Ministry of Finance details two types of bonds in Egyptian pounds. The first is the coupon yield bond. Its balance stands at EGP 666.056bn, with an average return rate of 14.27%. According to the Ministry of Finance, balances of the second type of bond, zero coupon bonds, are almost up to about EGP 13.7bn, and their average yield is 13.753%.
August 17, 2017 06:56 UTC
Amid tight security, over two dozen young models, including six women, strutted down the catwalk in the garden of a private Kabul villa, proudly displaying the traditional clothing and costumes of Afghanistan’s many ethnic groups. Haqiqi says he was motivated by the desire to show off Afghan culture through the nation’s dazzling abundance of traditional garments and regional costumes. Haqiqi’s show was the first all-Afghan enterprise: Afghan models showing Afghan traditional clothing to an all-Afghan audience. “Everybody is scared, but … we are working to promote our Afghan culture, so I foresee a good future,” Fasihi said. The male models showed off Afghan variants of the shalwar kameez, the men’s long shirt and pants also known as perahan tunban, with turban, pakul or karakul hats.
August 17, 2017 06:56 UTC
Egypt’s Ministry of Transportation signed an agreement worth $1.24bn with a joint coalition of China’s AVIC International and China Railway Group Limited on Tuesday in order to build a light rail transit connecting new districts around Cairo. The planned light rail is a fast tram, expected to cover a distance of 66 km and to have 11 stations, with a traveling speed expected to reach 120 km/hour, connecting the under-construction New Administrative Capital city with distant districts of Greater Cairo, including Al-Salam City, 10th Ramadan City, Obour City, Badr City, and Shorouk City. Moreover, it’s planned that the light rail will be connected to Cairo’s metro, through Adly Mansour station in Al-Salam City, which is the final station on the third metro line. Egyptian President Abdel Fattah Al-Sisi met earlier in mid-July with the Chinese coalition for negotiations over the key project. The Chinese group said it would assign Egyptian contractors with some civil and railway construction works that will provide thousands of job opportunities in the country.
August 17, 2017 06:33 UTC
The founder of Rahlat.com, Ellie Messo, stated that the website’s statistics showed that an obvious increase in online searches with prominent destinations such as Egypt. He added that the demand index for tourist destinations is rising now, which will impact tourism recovery in Egypt within one year or two at most. Additionally, he pointed out that the company has many plans of partnerships with Egyptian tourism companies, which will benefit the interest of the Arab tourist as well as the tourist destination of Egypt. The company’s services are mainly to provide a search engine to compare these prices to the benefit of the Arab tourist. However, the official data revealed by the tourism authorities and authorities are of great benefit and are always welcome.
August 17, 2017 06:11 UTC
Saudi Arabia will open its border with Qatar to let pilgrims attend the hajj, marking a breakthrough in a monthslong rift between the two Gulf countries. The official Saudi Press Agency reported Thursday that Qatari pilgrims will be allowed to enter the kingdom by land or through two Saudi airports, and that pilgrims would be flown to hajj at Saudi expense. The move followed talks between Saudi King Salman and Sheikh Abdullah bin Ali Al Thani, a member of the Qatari royal family. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transportation ties with Qatar in early June, alleging it supports extremists. Qatar denies the allegation and sees the charges as politically motivated.
August 17, 2017 05:26 UTC
The Yoovidhyas, who share ownership of Red Bull with Austrian Dietrich Mateschitz, did not respond to repeated requests — faxed, telephoned and hand-delivered — for comment. Red Bull said in a statement that Vorayuth’s legal situation “is not a matter for Red Bull and only concerns the Yoovidhya family.” A spokesman also said that, as a private company, Red Bull doesn’t speak publicly about financial and commercial matters. Experts agree that tax avoidance manuevers involving offshore companies are permissible and ubiquitous worldwide, including among many of Thailand’s richest families. Red Bull also has race cars and jets, and sponsors extreme athletes. “Spoiled brat Red Bull heir,” read one recent Toronto Sun headline.
August 17, 2017 04:41 UTC
Furthermore, the application introduced another feature, which is ordering a motor tricycle for the transportation of goods, with a base fare of EGP 5 , EGP 1.07 per kilometer and 35pt per minute for waiting time. Vesba provides its services for individuals through motorcycles for a base fare of EGP 3, EGP 1 per kilometre, and 25 piastres per minute for the waiting time. The application will provide the service by sending the suitable driver, according the gender that has been registered during signing up to the application. In addition to that, to prevent risking the life of passengers, the company obliges the driver to abide by a certain limit. In case the driver exceeded the speed limit, the company will warn him through the application.
August 17, 2017 02:48 UTC
Red Sea General Prosecutor Sherif Tawfik allowed on Wednesday the honorary Italian consul in Hurghada and the lawyer of the Italian embassy to visit the Italian citizen accused of beating to death an Egyptian engineer in prison at Al-Qoseir police station, local media reported. He also briefed the Italian consul, Alberto Barattini, on the updates of the case. The Italian tourist was arrested on Saturday and accused of beating to death Egyptian engineer Tarek Al-Henawy in Marsa Alam in the Red Sea governorate, after Al-Henawy prevented him from swimming in an under-construction resort. Hadeer added that her family accused the Italian tourist of killing her father. Lawyer Youssef Al-Metaany, who is interested in foreigner issues in Egypt, said that this article could be applied in the case of the Italian defendant.
August 16, 2017 22:18 UTC
Hawa Stevens spoke through tears of the 28 family members she lost after surging mudslides and floodwaters swept through Sierra Leone’s capital, killing hundreds and leaving hundreds more missing. … Please help me God,” she sobbed as she waited in a long line in the pouring rain Wednesday outside Freetown’s overwhelmed mortuary to try to identify the corpses of her loved ones. Many clutched photos in the desperate hope that they would be among those fortunate enough to find their loved ones and give them a proper burial. “I’ve spoken with other family members and we have decided to allow the government to go ahead with dignified burial process.”Mortuary officials said mass burials would begin Thursday. Forty-year-old Brima Mundeh, who escaped the disaster with his two children, said he feared that three missing family members were buried under the mud.
August 16, 2017 19:30 UTC
Minister of Transport Hisham Arafat and Chairperson of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish announced the granting of proportional discounts for the transit fees of ships reaching 50%. He added that there is coordination with the SCZone and the Ports Authority to develop the logistics zones at ports to stimulate investments. He reviewed the mechanism of adopting a comprehensive invoice scheme, whereby the fees of ships for crossing the Suez Canal are collected through a single bill that includes all the fees paid for all state agencies. These include the Ministry of Transportation, the SCZone, the Suez Canal Authority, and the ministries of finance, interior, and health. Arafat pointed out that this item gets its fees in Egyptian pounds, and another item includes a second dollar part to an account of the Suez Canal Authority, along with a third item for port fees belonging to the Ministry of Transportation.
August 16, 2017 16:07 UTC
Habitants of al-Warraq Island launched a campaign,Wednesday, to collect the residents’ signatures and form a front consisting of 10 people, to negotiate the demands from the people of Warraq, during meetings with Major General Kamel al-Wazir over the coming period. Yehia al-Maghrabi, a resident of Warraq, clarified that the front will be in charge of the discussions with Wazir, regarding the island’s development. “The front’s members will be the island’s spokespersons,” Maghrabi said, adding that the residents chose him to be a member of the front. He claimed that Warraq residents were divided on their opinions the past few meetings, and Wazir tried to persuade them every meeting to approve the development plan. He also held a public conference on the island, Sunday, asking for meetings with another 20 residents, in the headquarter of the Arab Contractors Company.
August 16, 2017 14:37 UTC
Neighboring Iran has had a government overseen by Shia clerics since its 1979 Islamic Revolution. Al-Sadr, the son of a prominent Shia cleric assassinated in a 1999 attack believed to be organized by Saddam, quickly organized Shia dispossessed under Saddam against the American occupation. Anwar Gargash, the Emirati minister of state for foreign affairs, tweeted after the meeting that it was part of an effort to “build bridges” between the Gulf Arab nations and Iraq. “Our ambition is to see a prosperous, stable Arab Iraq,” Gargash wrote. For al-Sadr, whose loyalists represent one of the biggest blocs in Iraq’s parliament, his foreign trips burnish his credentials as an Iraqi leader.
August 16, 2017 13:56 UTC
Now the fight over “traditional America” is throwing a spotlight on the Republican Party’s struggle with race in the age of Trump. But despite the party’s talk of inclusiveness and minority outreach, it’s clear white fears continue to resonate with many in the GOP base. “I think there’s blame on both sides,” Trump charged in a fiery Trump Tower press conference. “If we want ethnic minority voters to support Republicans, we have to engage them and show our sincerity,” the RNC wrote. — Across the Midwest, Trump and others have appealed to suburban white voters by decrying a rise in urban violence, even as statistics show violent crime is down in many cities.
August 16, 2017 13:41 UTC
The Head of the Central Museums’ Stores Authority, Saied Shebal, denied claims, on Tuesday, that his authority had released a statement in which it said 32,000 pieces of antiquities disappeared from 27 museum stores. Meanwhile, Al-Ahram newspaper quoted the Head of Antiquities sector at the Antiquities Ministry, who asserted that the circulated statement was ‘in accurate’. He further clarified that 30,000 antiquities pieces have been subjected to ‘ dissipation’, not stolen as promoted, pointing out that these pieces were owned by an antiquities vendor from Luxor city back when the trade of antiquities was legal. “These 30,000 antiquities pieces were not part of the stored pieces at the museums’ stores, the Antiquities Ministry is fully aware that these pieces were owned by a Luxor antiquities vendor, after his death his wife presented some of the 30,000 pieces to the Antiquities Ministry,” he noted. Shebal added that the rest pieces were sold or wasted by the Luxor vendor, not stolen from the museums’ stores as promoted through media reports.
August 16, 2017 13:28 UTC