AILY EWS WEDNESDAY, JANUARYD 16, 2013 N ISSUE NO. 2113 NEWSTAND PRICE LE 4.00 EGYPT www.thedailynewsegypt.com Egypt’s Only Daily Independent Newspaper In English PM BACKS ZEWAIL SCIENCE CITY CONSTITUTIONAL COURT DELAYS QUALITY FOOD, ONE LETTUCE AT A TIME RULINGS Hesham Qandil meets Ahmed Hydrofarms aims to supply fresh Zewail and reiterates government SCC sends Shura Council case vegetables grown hydroponically support for Science City project to commissioners, postpones and pesticide-free 2 Constituent Assembly ruling 3 8 Egypt stock Badrashein train crash sparks outrage exchange ACTIVISTS ARRESTED FOR ATTEMPTING TO STOP TRAINS IN PROTEST WHILE OPPOSITION BLAMES hemorrhages GOVERNMENT FOR POOR RAILWAY SYSTEM Train crash expected to push EGX30 down to 5,600 points By Ahmed Aboul Enein By Shaimaa Turkey Police arrested 12 activists in Alex- andria after they attempted to stop Egypt’s stock exchange dropped for the trains departing from the Egypt Rail- third day in a row, a trend exacerbated road Station in protest at the Ba- by Tuesday morning’s Badrashein train drashein train crash that killed 19 and crash. The market’s main index declined injured almost 120 police conscripts 43.1% by 8.5657 points on Tuesday, head- early on Tuesday morning. ing towards the market’s support level of Five human rights lawyers intend- 5650 points. ing to defend the protesters were also The EGX70 dropped 51.2% de- detained. The lawyers and protesters clining 26.12 points to 90.475 points. were later released said defence law- Meanwhile the EGX 100 dropped by yer Mohamed Massoud. 3.2% to 49.809 points. “The activists were trying to stop Islam al-Batrawi, trading manager the train in protest at the Badrashein for Al-Naim financial securities com- incident when police arrested them. pany, expected that the stock ex- The train left on time. Police clashed change would continue to drop to- with other activists who gathered in wards the support level of 5550-5600 support of their arrested colleagues,” points, until a judge’s ruling was made said Massoud. on the accident. This he said, would He added that 10 of the activists have a large effect on the market’s were protesting at the Egypt Railroad performance at the end of this week’s Station and two at the Sidi Gaber sta- session and into next week. tion and all had been released. Osama Nagib, logistical trading “The police also did not allow analyst for the Arab Finance com- us [lawyers] to leave although they pany for financial securities, said the did not formally arrest us. They market’s corrective movement will said we were detained and would continue in the medium term hitting not release us until the police chief 5500-5900 points until the anniver- came and ordered them to. It was a / Khaled AFP Photo Desouki sary of the January 25th Revolution. clear threat that they could arrest Egyptian workers remove the wreckage of a train in the Giza in Badrashein where at least 19 people were killed and injured 105. Market capital lost nearly EGP 9.4 us whenever they wanted,” Mas- bn, hitting EGP 4.4 bn compared to soud said. “All officials should be punished for The train crash in Badrashein, carriage derailed and smashed into a standers attempted to help the injured. EGP 3.4 bn in losses on Monday. A similar protest took place at the this, starting from the president all the Giza left 19 Central Security Forces stationary freight train. The prosecutor general ordered The value of transactions rose Egypt Railroad Station in downtown way to the railway workers. Negligence conscripts dead and 120 injured ac- Eyewitnesses said ambulances an investigation into the accident and EGP 8.4 m after 1.1 m shares were Cairo but there were no arrests. has increased since Morsy took over,” cording to figures from the Ministry were quick to respond but they were the train’s driver will be detained for traded in a total of 1,230 deals, while Hundreds gathered at the station said protester Mahmoud Hesham. of Health. the only government service to do so. four days on charges of negligence the market’s total value, that included near Ramses Square chanting against Hesham added that he believed The train was transporting the Civil defence units and tractors need- leading to death. key traders and the transfers market President Mohamed Morsy and the Prime Minister Hesham Qandil and conscripts, all born between 1990 and ed to extract injured people trapped un- hit EGP 8.4 m, trading 99.1 m shares Muslim Brotherhood. the entire cabinet should resign. 1992, to their camps when the last der the train were late to arrive while by- Continued on page 2 in a total of 3,230 deals. Protesters demand Al-Gizawy’s release Egypt concerned over Mali intervention Security stand off with protesters demanding the release of Ahmed Al-Gizawy outside Saudi Embassy in Cairo Ministry of Foreign Affairs believes military escalation damages peace efforts, offers alternative solution. By Daily News Egypt day and if that does not work, we will escalate using other methods.” By Joel Gulhane military intervention is a last resort.” Security scuffled with protesters Al-Gizawy was arrested on 17 The first pillar also included stricter and media outside the Saudi Em- Apri 2012. He was on his way to The Ministry of Foreign Affairs ex- border control to contain the conflict. bassy in Cairo where protesters had perform Umrah (minor pilgrimage) pressed concern over the conflict The second pillar is “to mobilise all gathered to demand the release of in Mecca but was detained in the in Mali and said recent events could possible resources to support devel- Ahmed Al-Gizawy on Tuesday. King Abdul Aziz airport. He was ac- damage international peace efforts. opment efforts” in Mali. The spokes- Al-Gizawy is an Egyptian lawyer companied by his wife, Shahenda The statement offered a three point person pointed out: “Investing in de- who has been sentenced to five Al-Gizawy. plan to solve the crisis. velopment is an effective option in the years in prison and 300 lashes by the Saudi authorities convicted Al- The ministry’s official spokesperson medium and long term.” General Court of Jeddah in Saudi Gizawy of smuggling over 20,000 published a statement shortly before The third pillar emphasises the Arabia. The lashes will be adminis- pills of the anti-anxiety drug Xanax. midnight on Monday asserting Egypt’s need to “activate the role of intellec- tered 50 lashes at a time. During her statement outside position on the conflict, “which empha- tual, educational and cultural institu- While the media interviewed the embassy, Shereen said the drugs sises the need to preserve the unity of tions.” The spokesperson suggested protesters, plain clothed security were found in milk cartons dated 20 Mali and its territorial integrity.” that Al-Azhar could weigh in on the men asked them to step back and April 2012. “Which means that the The spokesperson also outlined an crisis “to confront and isolate ex- stand behind metal barriers. The sit- case is fixed,” she said. Egyptian plan to end the crisis. The plan tremist ideology and spread the con- uation became tense when a couple Al-Gizawy has denied the charges is based on three pillars. The first is “the cepts of moderate Islam.” of young protesters decided to pull against him, state-run news agency need to exhaust all means of peace- the metal barriers away to let the Hassan Ibrahim MENA reported. ful settlement to the crisis, the use of Continued on page 4 media approach the protesters. Protesters gather outside the Saudi Embassy in Cairo demanding the The Egyptian consulate in Jed- A brief scuffle ensued and the release of Ahmed Al-Gizawy dah is appealing the verdict. Hes- media managed to get back to the ham said: “We know it is pointless protesters. Egyptian security stopped us and I Morsy had promised Al-Gizawy because they are targeting Ahmed Pitched battles Following the scuffle Shereen think you took pictures of them would be with his family by August because he worked on a case about Al-Gizawy, Ahmed’s sister, gave an when they were going to beat me, 2012 for Ramadan. Egyptian detainees in Saudi Arabia.” emotional speech to the media: Ahmed’s wife and my brother.” Al-Gizawy’s brother Hesham said: “When we first started our protest, She said President Mohamed “We are planning to hold a sit-in to- Continued on page 3 Egyptian Stock Exchange Commentary 7.0142 7.3682 Closing Daily Change H.A. Hellyer writes: EGX 30 5,657.08 -1.43% Those who have sought the power 6.5827 6.6128 to govern, and have succeeded at Mohamed Omar the ballot box, have the responsibil- Ultras protesters gather in Mohamed Mahmoud Street during clashes EGX 70 475.90 -2.51% 8.658 9.095 ity of governance, and cannot ex- plain or reduce the magnitude of Armed with years of experience fighting of the armed forces, the ultras have time 10.4171 10.9428 EGX 100 809.49 -2.03% their failings by looking elsewhere riot police, Egypt’s ultras played a key role and time again appeared when protest- in securing places of protest when police ers have needed them most. 1.746 1.7669 EGX 20 6,509.83 -1.80% Page 6 moved in. Partly reacting against the sta- tus quo, and mostly due to their hatred Feature on page 7 2 DAILY NEWS EGYPT WEDNESDAY, JANUARY 16, 2013 www.thedailynewsegypt.com FJP spokesperson referred to investigation Maadi City Centre & Alexandria City Centre Malls PRESS SYNDICATE QUESTIONS AHMED SOBEI OVER ALLEGED COMPLICITY IN Celebrate 10 Years in Egypt THE KILLING OF PROTESTERS DURING PRESIDENTIAL PALACE CLASHES This month marks the 10 year anni- a variety of unique brands, fun activi- By Rana Muhammad Taha Fahmy and Karem Mahmoud.