Execution of Hisham Barakat’s killers, Egypt’s successful eurobond issuance in the limelight on the airwaves
The execution of nine people charged with the killing of former Prosecutor General Hisham Barakat in 2015 was in the spotlight on last night’s talk shows. The story is also guiding the conversation on Egypt in the foreign press. We have more in Egypt in the News, below.
The independence of the Egyptian judicial system is a key message to send to the world following the executions, Barakat’s daughter, Marwa, told Masaa DMC’s Osama Kamal (watch, runtime: 06:47). Kamal recapped the main developments in the case (watch, runtime: 02:09), while Al Hayah Al Youm aired the convicts’ confessions (watch, runtime: 04:09).
Egypt’s successful eurobond issuance was also in the limelight yesterday, with Finance Minister Mohamed Maait and Cabinet spokesman Nader Saad each underscoring the significant appetite investors showed in the issuance (watch, runtime: 03:58 and runtime: 06:51). We have chapter and verse in Speed Round, below.
The Supply Ministry is looking into selling bread loaves to citizens outside the subsidy system for EGP 0.60 per loaf, which is EGP 0.05 less than the price of production. If implemented, the mechanism would also allow subsidy card holders to purchase extra loaves outside their daily five-loaf allocation at the market price, Yahduth fi Masr’s Sherif Amer said (watch, runtime: 01:09).