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Thursday, 14 April 2022

Egypt In The News: Aswan road crash kills ten people

Ten people were killed in a road crash yesterday near Aswan, including four French tourists and one Belgian national when a truck collided with a tourist bus on a highway. Fourteen other tourists were taken to the hospital following the accident, the Health Ministry said in a statement. All those injured are in a stable condition, Health Ministry Spokesperson Hossam Abdel Gaffar told Ala Mas’ouleety (watch, runtime: 3:46). The incident comes just days after several Polish tourists lost their lives in a road accident on the Red Sea highway. The story is all over the international press, including: AP | Reuters | AFP | The National | CBS | Xinhua.

Trucking startup Naqla gets a shoutout for its plans to “drive digital change In Egypt’s road freight sector.” (Forbes Middle East)

Also making headlines:

  • NFTs save Egyptian Gharemaat from jail: Advertising firm Horizon FCB Dubai created an NFT collection, entitled Breakchains with Blockchain, and used the sales to free Egyptian women imprisoned for not being able to pay their debts. Artists designed 16 NFTs that tell each woman's story. (Muse by Clio)
  • Banque Misr has partnered with software company Finastra in efforts to digitize its trade finance services.
  • Swiss prosecutors have dropped an 11-year-old probe into alleged money laundering by the Mubarak family. The attorney general’s office said they had been unable to substantiate the allegations and would release USD 429 mn in frozen assets. Reuters and the AP have the story.

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