Mercedes agreement and the new state budget are the talk of the town
Prime Minister Madbouly’s visit to Germany got attention from Al Hayah Al Youm’s Khaled Abu Bakr. The PM’s trip to Germany this week was marked by two major agreements: one with Mercedes-Benz to bring back its assembly line and another with Bosch und Siemens Hausgerät (BSH) to set up an industrial complex in Egypt, Abu Bakr said (watch, runtime: 03:04). We have more on the visit in this morning’s Speed Round, below.
The House of Representatives’ approval yesterday of the government’s FY2019-2020 budget got some airtime from Al Hayah Al Youm’s Lobna Assal (watch, runtime: 06:08). We have more on this, too, in this morning’s Speed Round.
El Sisi at the G20: Japan’s ambassador to Egypt, Masaki Noke, said President Abdel Fattah El Sisi will represent the interests of the African Union’s member countries at the G20 summit in Osaka this weekend (watch, runtime: 00:54).
Healthcare coming to Port Said in July: El Sisi met with relevant officials yesterday to oversee preparations for the first phase of the Universal Healthcare Act to launch in Port Said in July, Lobna Assal said (watch, runtime: 01:56).
El Hekaya’s Amr Adib has the details on a gang that has managed to steal 200 tonnes of crude oil from the government (watch, runtime: 03:38). He also renewed speculation that Russia could finally agree to restore its direct flights to the Red Sea during Foreign Minister Sameh Shoukry’s ongoing visit to Moscow (watch, runtime: 01:42).