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Stop Panicking, We Have Enough Supplies

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Moustafa Madbouly

Since the Coronavirus has been expanding, every day we hear new news regarding the virus and things never remain stable. At the first we all thought it was nothing serious, especially since it was no where near Egypt. Little did we know that we were fooled at first since Egypt has received several corona cases. That’s what we mean by there not being anything known for certain.

As the virus progressed, being Egyptians, they took their fear and panics to a whole new level. Parents are constantly bickering with their kids telling them how important it is that they should keep a certain distance between themselves and others.

Various Tv channels and scientists have been explicitly showing people the “right way” to wash your hands. People found it silly at first at how people have been exaggerating and how this is all a bunch of hocus pocus. Turns out after all, especially after knowing that shaking hands and sitting with your friends casually, that things are becoming more real and vivid.

At first, people swallowed boxes of masks and gloves from markets and pharmacies until there was nothing left. For those who had been prepared had purchased boxes of masks and gloves. Funny enough, some people precited that there would be a shortage in the market due to the coronavirus and are selling them for 100LE per mask. Can you believe this?

People were advised to get ready and go grocery shopping just in case things get worse and markets would run out of supplies. Metro Market, Seoudi, and other well know supermarkets were jam-packed with people who were frantically trying to buy as much as they can.

We were worried because the Coronavirus is the barer or terrible news, every day something new comes up. Which is why people thought that the best case scenario is to be fully prepared and equipped with materials and groceries that they’ll be needed for a while. Some people said “What’ll we do when supermarket run out of supplies? We’ll be doomed?”

Egyptian Prime minister Mostafa Madbouly has announced various updates regarding the Coronavirus. He was keen on stressing out that Egypt has stocked enough supplies and food that would last us months and is urging people to remain calm. He claimed that there is no reason to be afraid, we won’t be running out on any supplies.

Egypt hopes in taking extra precautions and is ready for all case scenarios. All we are asked to do is break the chain of the coronavirus, remain calm, and keep in safe distance from people.

Watch the video of the Prime minister’s speech for more details

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Egypt Will Build the World’s Largest Spinning Factory

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The Holding Company for Cotton, Spinning, Weaving and Garments has signed a deal to build the largest spinning factory in the world right here in Egypt, at Misr Spinning and Weaving Company in El-Mahalla El-Kubra.

A statement by Ministry of Public Business Sector announced on Thursday. This comes in light of the Ministry’s plan to implement a comprehensive development plan for cotton and weaving industries.

The statement also indicated that the factory will be established on an area of ​​about 62,500 square meters, with the ability to accommodate more than 182 thousand spinners, with an average production capacity of 30 tons/day.

The construction work will begin soon and shall take around 14 months, with an estimate cost of around LE 780 million.

The contract was signed by Chairman of the Board of Directors of the Holding Company for Spinning and Weaving, Ahmed Mustafa, and Vice Chairman of the Board of Gamma Construction Ayman Saad.

“The plan to develop cotton and spinning and weaving companies takes about two and a half years at a cost that exceeds LE 21 billion, and includes a complete modernization in construction and machinery – which was contracted to supply from major international companies – and a comprehensive development in management, marketing and training systems,” the ministry added.

The aim of this ambitious plan is to turn 10 companies into strong entities, in order to double their current production capacity by 3 times. This way, these entities will be able to compete on a higher level.

 

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A Smart System to Be Installed in All of Egypt’s Roads

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Egypt will install a smart system on roads nationwide to monitor any violations and the traffic!

In a meeting with transport officials that was held yesterday, Egypt’s transport minister Kamel El-Wazir discussed implementing a smart system for roads nationwide.

This comes in light of the government’s plan that aims at improving road safety.

The project’s first phase includes six highways: the Cairo-Suez road, Cairo-Ismailia-Port Said road, the Regional Ring Road, Katameya-Ain Sokhna road, Shubra-Benha freeway and Cairo-Alexandria desert road, the ministry said.

In the second phase of the project, the new system will have covered around 20 of Egypt’s main roads.

“All roads joining the smart system will be monitored by a network of cameras that monitors traffic 24/7… and registers any violations,” the minister said.

In applying this new system, the driver’s behavior will be monitored thus improving road safety and reducing traffic accidents caused by reckless drivers.

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New Gas Discovery Made in Egypt’s Nile Delta

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Italian oil company Eni has announced about a new gas discovery off the coast of the Egyptian Nile Delta, in a statement released on Wednesday.

The Italian oil and gas company Eni said that it succeeded in drilling the first exploration well in Egypt’s Nile Delta waters, this comes in cooperation with contractor members of BP and Total.

The new discovery, which is at the Bashrush prospect, is located at a depth of 22 metres, and is 11 km from the coast.

According to the company, which holds 37.5 percent interest of the North El Hammad concession, there’s a possibility of discovering a gas column with a thickness of 152 meters within the Messinian age sandstones of the Abu Madi formation with “excellent petrophysical properties.”

“The discovery of Bashrush is further demonstration of the effectiveness of Eni’s ‘incremental’ exploration strategy, aimed at selecting high value opportunities and ensuring fast development of the new discoveries through existing infrastructures,” the company said in a statement.

The three firms will wok together with Egypt’s petroleum authorities in order to start looking into the development options for the new discovery, with the aim of “fast tracking” production, the statement said.

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