Back to the complete issue
Monday, 15 October 2018

No more fuel price hikes this year; tomato seed imports halted; educational reform in the spotlight

It was another night of miscellany on the airwaves, with the conversation shuffling between the denial of rumors about an upcoming fuel price hike, bad tomato seeds, and educational reform.

** #3 The Madbouly Cabinet is not planning to raise fuel prices again this calendar year, spokesperson Nader Saad told Hona Al Asema Reham Ibrahim. The cabinet’s Information and Decision Support Center issued a statement yesterday to debunk rumors circulating in the local press and on social media claiming that the government is getting ready for another round of fuel subsidy cuts this year to help it cope with rising oil prices (watch, runtime: 5:19). Saad then discussed the impact of the surge in global crude prices on Egypt’s subsidy bill with Amr Adib on El Hekaya (watch: runtime: 6:01).

The Agriculture Ministry halted imports of all tomato seeds carrying the code F023 after crops tested positive for yellow curl leaf virus. Agriculture Ministry spokesperson Hamed Abdel Dayem told Masaa DMC’s Eman El Hosary that the company responsible for importing the bad seeds will bear the cost of thousands of feddans’ worth of lost crops. Agriculture Export Council Chairman Abdel Hamid Demerdash also urged the importing company to contact its supplier to determine how the issue came to be (watch, runtime: 22:02).

Some 2.5 mn Egyptian students are now studying under the government’s new education system, Education Minister Tarek Shawki said on Al Hayah Al Youm. He walked hosts Lobna Asal and Khaled Abu Bakr through the ministry’s new K-12 education reform strategy and briefly touched on the resistance it’s being met with (watch, runtime: 8:09). Separately, Masaa DMC’s Eman El Hossary had a chat with deputy education minister for technical education Mohamed Megahed (watch, runtime: 5:26).

Meanwhile, a discussion on the regulation and licensing of private healthcare providers took up significant air time on Hona Al Asema (watch, runtime: 41:57).

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.