Consumer Protection Act dominates econ coverage in the airwaves
President Abdel Fattah El Sisi signing the Consumer Protection Act into law dominated the economic discussion on the airwaves last night. Also guiding the business conversation was the impact on yesterday’s trading of the arrest of Alaa and Gamal Mubarak, Hassan Heikal and Yasser El Mallawany. We have full coverage of both topics in today’s Speed Round, below.
Also on the econ front, the Supply Ministry addressed the many half-hearted campaigns calling for boycotts of fruit and veggies in protest of rising prices. Assistant Supply Minister Ibrahim Ashmawy explained why inflation is a feature of Egyptian life post the float of the EGP (watch, runtime: 8:48). Earlier in the evening, Ashmawy sat down with Al Hayah fi Masr’s Kamal Mady to talk about a range of topics including the ration card system (watch, runtime: 31:02).
As back to school season gets in full swing, Education Minister Tarek Shawky gave a presser yesterday on the new education reform strategy. He then made the rounds on the airwaves where he spoke to El Hekaya’s Amr Adib on the move away from rote memorization (watch, runtime: 2:47). Al Hayah fi Masr talked about vocational training after Prime Minister Mostafa Madbouly visited the Asmarat housing project (watch, runtime: 7:58).
Strangest story of the night: State Forensic Authority head Hisham Abdel Hamid resigned, citing a “unhealthy work environment.” Justice Minister Hussam Abdel Rahim appointed Soad Abdel Ghafar as his replacement. Legal minds called in to Masaa DMC to discuss the strange resignation (watch, runtime: 5:30). We, and others, still can’t tell if Abdel Hamid means unhygienic or just hostile work environment. We hope you have fully stocked your zombie bunkers. This is how it starts.
The Egyptian Football Association (EFA) is planning to introduce instant replay when refereeing Egypt Premier League games, according to an EFA statement. The VAR system, was first used in the FIFA 2018 World Cup to review head referee decisions. Amr Adib discussed the move with football commentator Ahmed “Mido” Hossam (watch, runtime: 2:18).
LAMEES WATCH- Still no sign. We have dispatched the Enterprise Special Rescue Forces.