Boeing, Turkish Airlines Announce Order for Three 777 Freighters

SEATTLEJan. 8, 2018 /PRNewswire/ — Boeing [NYSE:BA] and Turkish Airlines announced that the carrier ordered three more 777 Freighters in December 2017. The new order came weeks after the carrier took delivery of two of the large cargo jets as part of its plan to further expand its freight business.

“These freighter orders will surely contribute to our significant target for establishing a young and efficient cargo fleet,” said M. İlker Aycı, Chairman of the Board and the Executive Committee of Turkish Airlines. “The new aircraft will be delivered this year and will provide us with additional flexibility to serve more destinations while we continue to develop our global freight service.”

“The 777 Freighter is the largest and most capable twin-engine freighter in the world today,” said Marty Bentrott, senior vice president of Sales, Middle EastTurkeyRussiaCentral Asia and Africa, Boeing Commercial Airplanes. “We’re pleased world-class customers like Turkish Airlines recognize the value of the 777 Freighter’s long range and large payload capability.”

The 777 Freighter is the world’s longest-range twin-engine freighter and is based on the 777-200LR (Longer Range) passenger airplane. The jet can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 112 tons (102 metric tonnes or 102,000 kg).

The airplane’s range capability translates into significant savings for airlines: fewer stops and associated landing fees, less congestion at transfer hubs, lower cargo handling costs and shorter cargo delivery times.

About Turkish Airlines
Based in Istanbul, Turkish Airlines is one of the fastest growing airlines in the world. It carries over 60 million passengers a year, with direct flights to 300 destinations in 120 countries. The airline made its first domestic flight in 1933 and the first international flight in 1947. Turkish Airlines was founded in 1933 with a fleet of five airplanes that carried a total of 28 passengers, expanding to 331 aircraft today.

Contacts:
Dmitry Krol
Communications
Boeing Commercial Airplanes
+1 206 661 2903
dmitry.krol@boeing.com

 

SOURCE : Boeing WEBSITE

Cabinet approves signing LE30 million contract due to drug shortages: Health Ministry

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Minister of Housing and Health, Ahmed Emad, stated, on Wednesday, that the ministerial cabinet has given a direct order to sign an LE30 million contract with the Egyptian Pharmaceutical Trading Company to buy the missing drugs in the market and place them in the company’s pharmacies.

Emad added during a press conference in the cabinet’s headquarter that there are nine medical drugs suffering from shortages, mainly psychological diseases and Parkinson disease. The importing companies have been willing to raise drugs’ prices through hiding them, he explained.

Emad clarified that the missing drugs will be available in the market within one week, adding that the ministry will make a strategic stock to avoid shortages in the future.

Egypt has been hit by drug shortages following reports of penicillin injections missing from shelves in December last year. There was also shortages in pharmaceutical drugs that have no alternatives.

Drug shortages have been common since last year, with the government attributing it to a surge in the US dollar exchange rate, as the effective materials are bought in hard currency.

Edited translation from Al-Masry Al-Youm

 

Source :  Egypt Independent

Egypt’s growth rate expected at 4.5% in 2018: WB

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The growth rate of Egypt’s economy is expected to reach 4.5 percent in FY 2018 as ongoing reforms and improved business climate provide further impetus to industrial activity and exports, the World Bank said in a report on Tuesday.

The report, Global Economic Prospects 2018: Middle East & North Africa, said that Egypt’s growth remained broadly stable at 4.2 percent in fiscal year 2017 (July 1, 2016 – June 30, 2017).

The report expected that Egypt’s growth rate reaches 5.9 percent by 2019.

It added that the devaluation of the currency had a positive impact on competitiveness in the country, contributing to strong industrial production, investment, and exports in the second half of the fiscal year.

It said that Egypt experienced strong industrial production, investment, and exports, supported by the effects of the devaluation on competitiveness.

In Egypt, the move to a floating exchange rate has improved competitiveness and provided a needed boost to industrial activity and exports, which are expected to strengthen further as the business climate improves.

There is scope for a further recovery of tourism, an important revenue source in oil importers (e.g., Egypt and Morocco), if geopolitical tensions remain contained, the report said.

The report went on to state that growth in the Middle East and North Africa is estimated to have slowed sharply to 1.8 percent in 2017 from 5 percent the year before.

The slowdown in growth among oil exporters, driven by oil production cuts and continued geopolitical tensions, has more than offset a pickup among oil-importing economies.

Fiscal adjustments also held back growth among both oil-importing and oil-exporting economies in the region, the report added.

 

Source :  Egypt Independent

MPs race to support Sisi presidential candidacy

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Members of parliament at the House of Representatives raced on Tuesday afternoon to sign forms supporting the candidacy of President Abdel Fattah al-Sisi, in order to make him legible for competing for a second term.

The General Secretariat of the House of Representatives allocated a hall to collect MPs’ signatures.

Approximately 464 MPs, including Parliament Speaker, Ali Abdelaal, signed their names as supporters, while the ‘25-30’ bloc did not sign the forms. Some of the bloc’s members said that they were still considering the decision whether to sign forms or not.

Undersecretary of the House of Representatives, Mahmoud al-Sherif, was one parliamentarian who signed the nomination form for Sisi. He remarked that MPs are convinced the president has initiated a process of comprehensive reform and must complete it.

Similarly, MP Maysa Atwa said that Sisi is the best candidate for the Egyptian presidency, saying that there is strong support for the president to complete the development process.

Beyond the House of Representatives, hundreds of people headed to notary offices across different governorates on Tuesday to sign forms supporting a second presidential term for Sisi.

Meanwhile, rights lawyer and activist Khaled Ali received a single signatory of support, from Port Said, while Ahmed Shafiq received another from Minya, despite withdrawing from the presidential race.

The signatories come as the National Elections Commission (NEC) announced that several conditions must be met by presidential hopefuls, in order to be considered a legible candidate. These include the submission of their criminal record, financial disclosure, the support of 20 MPs, and the candidate’s recognition of their civil and political rights – which was set as a condition for the first time.

Despite the commission’s terms being met with criticism regarding the difficulty of achieving 20 signatories in the laid out timespan, Ramy Mohsen, the director of the National Center for Parliamentary Consultancy, responded at a press conference on Tuesday, by saying that the Constitution states, in Article 142, that any presidential candidate must be nominated by at least 20 MPs, or supported by at least 25,000 eligible voters in at least 15 governorates, with at least 1,000 supporters from each governorate.

 

Source  :  Egypt Independent

Cameroun – Crise anglophone: Selon le quotidien Le Jour, les sécessionnistes détenus au Nigéria n’ont eu aucun contact avec l’extérieur, depuis le 5 janvier 2018

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Sisiku Ayuk Tabe et son gouvernement Archives
Notre confrère dit avoir eu la confirmation que les sécessionnistes arrêtés dont il est question, sont bel et bien Sisiku Ayuk Tabe et ses compagnons. Ils sont détenus dans un lieu gardé secret et ne peuvent pas être vus ni par les avocats, ni par leurs proches.

Dans son édition du 10 janvier 2018, le quotidien Le Jour confirme que Sisiku Ayuk Tabe président autoproclamé de l’Ambazonie et ses compagnons sont bel et bien détenus au Nigéria, dans un lieu gardé secret. Notre confrère révèle de façon précise les identités des compagnons du leader des sécessionnistes. Il s’agit du Dr Nfor Ngala Nfor, le Dr Fidelis Nde Che, le Dr Henry Kimeng, le Prof Awasum, le Dr Cornelius Kwanga, Wilfried Tassang, Me Eyambe Elias et le Dr Ojong Okongo. Ces derniers à en croire le quotidien ne peuvent pas être vus ni par les avocats ni par les membres de leurs familles. «Ils n’ont eu aucun contact avec l’extérieur depuis le 5 janvier 2018. Date à laquelle ils ont été interpellés au Nera hotel à Abuja», écrit-il.

La délicatesse de cette affaire explique donc le silence jusqu’ici gardé par les autorités nigérianes et camerounaises. «La sécurité de l’Etat est en jeu et nous travaillons avec discrétion pour être efficace», déclare un officiel proche de cette affaire dans les colonnes de notre confrère. Le Jour révèle que depuis le 5 janvier dernier, Yaoundé et Abuja sont en contact. Parlant des autres sécessionnistes encore en liberté, le quotidien écrit que «tous les activistes anglophones jadis très actifs dans différentes villes du Nigéria se sont mis à l’abri, en attendant de voir la suite des interpellations de vendredi».

 

Cameroon-Info