It was a quiet night on the airwaves last night, as the talking heads chewed over the consequences of an ongoing FX shortage for the automotive and banking sectors, including car imports trouble and new limits on card use abroad introduced by at least four local banks.

Surprising nobody, car dealers still have a lot to say about import issues: Some dealers have been forced to close showrooms after the market was hit by rules to conserve FX that limited imports to a handful of essential goods, leaving new cars and car parts stranded at ports, head of the car traders’ federation Osama Abou El Magd told Ala Mas’ouleety (watch, runtime: 4:07). Spare parts are also in short supply, Mohamed Gaber, a member of the Chamber of Commerce’s auto parts division reiterated (watch, runtime: 3:44), highlighting the lack of local production.

New withdrawal limits on using debit and credit cards abroad were the topic of Lamees El Hadidy’s interview with Banque Misr Chairman Mohamed El Etreby on Kelma Akhira (watch, runtime: 14:11).

ALSO- Some 56k building violations settled and counting. The committee tasked with recovering state-owned land has so far settled 56k cases of illegal encroachment, committee spokesperson Ahmed Ayoub told Al Hayah Al Youm (watch, runtime: 6:14) and Hadrat El Mowaten (watch, runtime: 6:48).

Tags: