An indefinite strike by workers handling carry-on baggage checks at Barcelona’s airport is having a more limited impact on passengers after police have been deployed to help. Public Works Minister Inigo de la Serna said the Civil Guard’s presence Monday had brought El Prat Airport back to normal after weeks of flight delays. He said it was necessary to guarantee security at the airport given that Spain was on high alert in case of a terror attack. The baggage screeners voted to intensify their strike action Sunday on rejecting a pay-rise offer from their company. The government has also decreed that they provide 90 percent of regular service during the stoppage.
August 14, 2017 08:03 UTC
Egypt’s General Authority for Petroleum (EGPC) announced on Sunday it would hold a tender for oil exploration in the company’s concession areas in the Eastern Desert. Egypt has been pushing for new oil and gas discoveries aiming to meet the local market’s escalating demand for energy during the last few years. Egypt expects a daily increase of 1 billion cubic feet in its natural gas production to reach 6.2 billion cubic feet per day by the end of the current fiscal year 2017/2018. Italy’s Eni has discovered the largest gas field “Zohr” in the Egyptian territorial water in the Mediterranean in 2015, with estimated reserves of about 850 billion cubic feet. Egypt expects to achieve self-sufficiency of natural gas by the end of 2018
August 14, 2017 07:41 UTC
Suspected Islamic extremists opened fire at a Turkish restaurant in the capital of Burkina Faso late Sunday, killing at least 18 people in the second such attack on a restaurant popular with foreigners in the last two years. The attack brought back painful memories of the January 2016 attack at another cafe that left 30 people dead. Burkina Faso, a landlocked nation in West Africa, is one of the poorest countries in the world. But the terror threat in Burkina Faso is increasingly homegrown, experts say. His association, Ansarul Islam, is now considered a terrorist group by Burkina Faso’s government.
August 14, 2017 07:18 UTC
Shonda Rhimes, the creator of popular television series such as “Scandal” and “Grey’s Anatomy,” has signed a deal to make new shows for Netflix. The streaming service announced late Sunday that Rhimes’ Shondaland production company is moving to Netflix. Netflix wrote in a news release that Rhimes’ shows “Grey’s Anatomy,” ″Scandal” and “How to Get Away With Murder” would continue to air on ABC. The news release also didn’t state how long Rhimes and her company would produce series for Netflix. Rhimes, 47, has been nominated for three Emmy Awards, all for her work on “Grey’s Anatomy.” The long-running series begins its 14th season next month.
August 14, 2017 07:18 UTC
The Minister of Trade and Industry, Tarek Kabil, issued the executive regulation for the law of facilitating the procedures of licensing industrial establishments No. 15/2017, which was approved by the parliament and issued a republican decree May. In a press conference held Sunday at the ministry, Kabil added that the regulation adopts new tools and mechanisms for licensing procedures, including a list of requirements for granting licences in accordance with the risks of industrial activity, and introduces a licensing system through notification of 80% of existing industries. This also reduces the internal procedures of the Industrial Development Authority (IDA) from 154 procedures to only 19. From his part, the head of the Federation of Egyptian Industries (FEI), Mohamed El-Sewedy said that the new Industrial Licensing Law represents a great leap forward for the industrial licensing system, pointing out that the law represents an important step on the right path towards a competitive industrial environment that supports all national industries, especially short and medium enterprises (SMEs).
August 14, 2017 07:07 UTC
Financial watchdog Egyptian Financial Supervisory Authority (EFSA) said on Sunday that Wadi Degla shareholders should obtain its prior approval to own shares in Reacap Financial Investments, according to a press release. The chairperson of Reacap’s board has been assigned in the extraordinary general meeting (EGM) to study the issued and paid capital share. Naeem Holding owns 56% of Reacap’s shares, with investments equivalent to 19.5% of Naeem’s total investments. Under the deal, Wadi Degla will have a 74% stake in the new entity, while Naeem Holding will have 26%. Naeem Holding owns 56% of Reacap’s shares, with investments equivalent to 19.5% of Naeem’s total investments, according to the statement.
August 14, 2017 06:45 UTC
The main interest rate in the CBE currently is 18.75% for depositing and 19.75% for loaning, in addition to 19.25% for prices of credits, discounts, and CBE’s main operation. Last Thursday, the CBE announced that basic monthly inflation increased by 2.76% by the end of July 2017 compared to 1.8% by the end of June. Annual inflation increased to 35.76% compared to 31.95%. El Manialawy pointed out that despite the increase of interest rate prices by nearly 7% since the liberalisation of the exchange rate in November 2016, the increase has not been able to cover the inflation rate increases, which reached 35% by the end of July 2017, which requires carrying out another increase in the pound’s interest rate. It expected the CBE to reduce its interest rates by 1% in December and by 5% in 2018 then by 2% in 2019.
August 14, 2017 06:11 UTC
At least two militants were killed in clashes with police forces on Sunday during an exchange of fire, state media reported, adding that others were arrested in the process. Police sources said that no officers or soldiers were injured in the process. Local media reports said that the suspects may have been involved in the assassination of a police officer in the district of Al-Khanka. Shootings that target police, army officers, and state officials have become a near weekly occurrence in Egypt since the ousting of former Islamist president Mohamed Morsi in July 2013. On 15 July, five policemen were killed in an ambush as militants attacked a security squad in the city of Badrashein in Giza.
August 13, 2017 17:37 UTC
The Hurghada Court ordered on Saturday a four-day detention for an Italian tourist pending investigations into accusations of beating to death an Egyptian engineer in Marsa Alam, state-media reported. Egyptian engineer Tarek Al-Henawy was working in a touristic resort under construction in the Red Sea city of Marsa Allam. “The problem between the Italian tourist and the Egyptian engineer started when the Egyptian victim tried to tell the Italian tourist that his presence at the construction site was forbidden, as the tourist was accompanied by his two daughters (6 years old and 15 years old). Preliminary investigations reported by state-owned media Al-Ahram said the Italian tourist was reportedly a guest at a touristic resort near the village under construction. “I am the daughter of engineer Tarek Al-Henawy.
August 13, 2017 17:26 UTC
Prosecution authorities in Alexandria ordered a 15-day detention of a train driver pending investigations into the fatal Friday accident which killed at least 42, state-media reported Sunday. The prosecution ordered a drug test for the detained driver of the first train which collided into the second one. State-media said that the ministry’s spokesperson denied issuing any technical reports determining causes or making accusations to any party. On Friday afternoon, a train coming from Cairo to Alexandria collided with a parked train on its way to Alexandria from Port-Said, damaging two of the second train’s wagons injuring over a hundred people. According to a presidential statement, Al-Sisi approved and urged the development of the railway system and its computerization, despite having previously stated financial difficulties in doing so.
August 13, 2017 16:30 UTC
Police forces declared on Sunday the detention of 41 individuals in different security campaigns. Most of them are suspects, while 41 of them are fugitives involved in different misdemeanours, according to the Ministry of Interior. According to state-owned agency MENA, a police campaign led by the North Sinai Security Directorate managed to arrested 41 fugitives who are wanted and convicted in different cases, including forgery and several administrative violations. Forces from the Egyptian military and the police have been battling in North Sinai for nearly four years against militants calling themselves “Sinai Province”, who are affiliated with the so-called Islamic State group. A state of emergency in North Sinai was first declared in 2013 by then-interim president Adly Mansour, who came into power following the ouster of Islamist president Mohamed Morsi.
August 13, 2017 15:56 UTC
The Egyptian Electricity Transmission Company (EETC) contracted with the Germany Siemens to establish transformer substations in Sammanoud and Abu al-Matamir to transfer the energy produced from Borollos power plant in Kafr Al-Sheikh. Chairperson of the Egyptian Electricity Transmission Company (EETC) Gamal Abdel Rahim said that the company is working on increasing the capacity of the state-wide electricity transmission network to build an efficient and reliable system capable of keeping pace with the country’s large and increasing capacity of energy production. He explained that the EETC is also working to adopt innovative concepts, methods, and mechanisms to strengthen the infrastructure of the national electricity network throughout the country. According to the agreement signed between Siemens and EETC, Siemens will handle operations of design, engineering, construction, supplying, installing and operating the two substations with a capacity of 220/500 KV. When completed, the Sammanoud and Abu Al Matamir transformer stations will become two of the largest turnkey projects of the national grid.
August 13, 2017 15:42 UTC
Minister of Trade and Industry Tarek Kabil said that his ministry managed to reduce the time of obtaining industrial licenses to less than seven days for the category of licensing on notification down from 600 days and to under 30 days for licensing related to high risk activities on health, security, and environment. On Sunday, the Ministry of Industry issued the executive regulations for the law to facilitate the licensing of industrial establishments. These measures included raising fuel and medicine prices, float of the Egyptian pound, penning new investment laws, amending the income tax and imposing a value-added tax law, next to granting preliminary approval to the bankruptcy law. “If it took me two years to obtain licenses, I will take my business elsewhere,” Kabil stressed. Egypt facilitated licensing procedures for investors where it allowed to apply for a license by hand, electronically, by mail or through shipping companies.
August 13, 2017 15:11 UTC
The Alwanat Arts and Culture Foundation in Minya announced it will hold the first ballet performance, put on by 50 male and female dancers from the first ballet school in Upper Egypt. The director of the show is Mamdouh Hassan, soloist at the Opera House and a professor at the Ballet Institute, said Alwanat founder Marco Adel on Sunday. Minya Governor Essam Bedaiwy, President of Cairo Opera House Enas Abdel Dayem and a delegation of artists at the Opera House will attend the event, Adel said. Alwanat ballet team performed on June 30 at the Opera House, and performed another show in cooperation with the German Goethe-Institut and the German Embassy. The Alawanat foundation was founded in mid-June 2016 as the first ballet school in Upper Egypt, located on Nefertiti Street in Minya.
August 13, 2017 14:03 UTC
US official in the White House stated Sunday that the US envoys will also head to United Arab Emirates, Bahrain, Qatar, Israel and Palestine in an efforts of revive the peace process. “The United States will work closely with the parties” to achieve peace, Trump emphasized, asking his advisers to push the discussions towards real peace talks and combat extremism. The visit comes after Israeli forces and Palestinian prayer-goers clashed, following the installment of electronic gates on the entrances of Al-Aqsa mosque. Arab assailants in Israel opened fire inside a major Jerusalem shrine in July, and killed two Israeli policemen. Disputes ensued following the attack over metal detectors, installed by Israel at a contested Jerusalem shrine.
August 13, 2017 13:41 UTC