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Wednesday, 13 July 2016

Everyone will pay more for electricity, Shaker says; Russians back in Egypt within six months?

Cabinet will approve higher electricity prices for all users, not just high-volume consumers, sometime this week, said Electricity Minister Mohamed Shaker, contradicting statements made by the ministry’s own spokesperson on Sunday that only industrial customers and consumers in the highest household tier would see price hikes. Shaker said the ministry was facing a liquidity shortage because of power subsidies and also blamed the March devaluation and a change in the nation’s fuel mix, Al Borsa reports.

Speaker of the House Ali Abdel Aal began his state visit to Moscow yesterday, where he is conducting meetings until the end of his stay on Friday. Abdel Aal met with Russian lawmakers on Tuesday, where he said Egypt has carried out 75% of Russia-proposed recommendations on airport security, according to Russian lawmaker Sergei Gavrilov, Sputnik reported. Ismail Abu Elezz, CEO of the Egyptian Holding Company for Airports and Air Navigation, said three weeks ago that Egypt had met all of Russia’s enhanced security demands with regard to Egypt’s airports. Abu Elezz’s comments were made just a week after Russia’s transport minister said Russia had not been informed on Egypt’s progress on implementing the recommendations.

“As soon as elements of security are ensured, regular air service, I think, will be resumed within six months,” Sergei Gavrilov said on Tuesday, according to Russian state news agency TASS. RT released footage of Abdel Aal’s meeting with Russian lawmakers on Tuesday, where he said Egypt hopes “to strengthen and broaden cooperation” with Russia. (Watch in Arabic and Russian, running time: 1:21)

Also on the agenda during Abdel Aal’s visit this week: Egypt will offer Russia infrastructure investment opportunities around the New Suez Canal, according to Anvar Makhmutov, a member of the International Affairs committee in the lower house of the Russian parliament, Sputnik reported.

Solar Impulse 2, the solar-powered plane on the next-to-last leg around-the-world flight, flew over the Pyramids this morning on its way to touchdown at Cairo International Airport. After receiving permission from Egyptian air traffic control to descend to 1,800 feet and fly over the Pyramids about an hour beforehand, the live feed at 5:34am showed gorgeous footage taken from a helicopter of the plane easing past the Pyramids as the sun rose between them. Check and see later this morning if there is HD footage on the website.

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