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Monday, 17 October 2016

What we’re tracking on 17 October 2016

MPs will vote today to appoint chairs for 25 committees in the House of Representatives. Reps will also vote for two deputy chairs and one secretary-general for each committee, Al Wafd reports.

The government committee set up to determine policy for next wheat collection season will decide today on the terms for the harvest, Al Borsa reports. As we noted last week, the ministries of agriculture and supply are at odds over how to dispense subsidies, with agriculture wanting to pay farmers EGP 420 per ardib, while supply is trying to resurrect a plan to pay them international market prices with a EGP 1,300 top-up per feddan. If we were so inclined, our wager would be on agriculture: The Supply Ministry has little chance considering four members of the House sit on the committee. As panderers who care little for rationalising subsidies, they have been pushing for a further increase in the price per ardib.

A Saudi man has been found dead in his Cairo apartment;foul play is suspected, Al-Arabiya’s English-language service reports. Khalil al-Omayrin, a 47 year-old teacher, was last seen at his own going-away party. An Arabic-language story on the case has gone viral in Saudi Arabia. The incident comes amid heightened tensions between Cairo and Riyadh.

Return your Galaxy Note 7. Now. EgyptAir became the latest airline to ban the device on its flights after receiving a request from US authorities, Ahram Online reports.

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