Damanhour Uni president + health ministry official arrested on corruption charges
Other things we’re keeping an eye on this morning:
- Corruption arrests: The president of Damanhour University and a Health Ministry official have been arrested by the Administrative Control Authority on charges of bribery and financial corruption. Uni president Ebeed Saleh is alleged to have received EGP 5 mn in bribes, while the ministry official in Beheira has been accused of taking EGP 2 mn. The arrests are unrelated.
- Consumer lender ValU is in talks with five banks to issue electronic cards that can be used to pay for any purchase made through ValU’s merchants and partners.
- School meals suspended in Qena and Assiut: After assuring us that no food poisoning cases took place, the Education Minister suspended schools meals in Qena and Assiut until the investigation into the school meals is done and their safety is confirmed, Youm7 reported. On Monday a number of school students were hospitalized after eating school meals and becoming ill.
- Bechtel will offer Petrojet engineers technical training, under the terms of an agreement inked by both companies, helping boost work on trial operations for the companies’ joint petrochem complex project in Ain Sokhna.