7am News Wrapup March 10
By THE CAIRO POST

The Arab League and ministers of foreign affairs met on Sunday to discuss “terrorism” and methods to counter it. Egypt is experiencing bad weather resulting in road blocks in several areas. A number of protests erupted on the first day of the second semester for universities. A protest at Talaat Harb Square Sunday demanded the release of political detainees.

Coming up: The Supreme Presidential Electoral Commission is scheduled to meet on Monday to discuss the presidential elections law issued by the presidency, and is expected to determine the dates for candidate registration for presidential elections.

News & Politics:

Minister of Defense Abdel Fatah al-Sisi has signed an agreement with the United Arab Emirates Arabtec Construction company to build one million housing units in Egypt for youth and low-income citizens in the next five years.

Constitutional experts say the presidential elections law, which grants immunity to the decisions of the Supreme Presidential Electoral Commission, contradicts the new constitution.

Egypt calls upon all Arab countries to cooperate to end “terrorism” during a meeting of the Arab League foreign ministers.

 

Business:

Ministry of Foreign Affairs denies implementing new taxes for Egyptian expats.

The Central Bank of Egypt will auction 5 billion EGP ($718 million) in long-term treasury bonds on Monday on behalf of the Ministry of Finance.

Cement manufacturers blamed the lack of natural gas fuel on a massive increase in cement prices and filed several complaints with Prime Minister Ibrahim Mahlab.

In-Depth:

Al-Azhar condemned a call to destroy any movie theater that screens the movie “Noah,” which depicts the life of Prophet Noah.

Ultras fans of seven sporting clubs issued a statement late Sunday calling fans to protest on March 15 in front of their clubs against Interior Ministry security forces in stadiums.

Editor’s Pick:

Presidential candidate Hamdeen Sabbahi’s vision for Egypt: “A state based on democracy and secularism.”

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