7 pm News Wrapup March 23
By THE CAIRO POST

University demonstrations on Sunday demanding the release of detained students turned violent when protesters and security forces clashed at Cairo University and Al-Azhar University.

Security guards seized three bombs at the Cairo University, in front of the Faculty of Economy.

News & Politics

Activist Alaa Abdel Fattah was released today on a 10,000 EGP bail, but is still under investigations for allegedly organizing protests in front of the Shura Council November 2013 in violation of the protest law.

Cairo Criminal Court proceeded with the trial of Mohamed Morsi in the case of the Itihadeya incidents, amid intense security and postponed to the next session April 5.

 

Business

Indexes of the Egyptian Exchange (EGX) collectively rose during Sunday’s mid-session, with the benchmark index EGX30 edging up by 0.3 percent to 8,484 points, amid upbeat investor sentiments toward upcoming presidential elections.

The Central Bank of Egypt (CBE) on behalf of the Ministry of Finance, intends to auction 5.5 billion EGP ($790.22 million) in short-term treasury bills.

 

In-depth

North Cairo Criminal Court ordered the formation of  an “experts committee” to re-examine and evaluate the assets of former President Hosni Mubarak’s chief of staff Zakaria Azmi, who is being tried on charges of corruption and illicit profiteering, reported Youm7.

Court favors Nile University over Zewail City in land dispute that date back to 2011.

 

Editor’s pick

A number of human rights and civil society organizations recently presented reports for the 2014 Universal Periodic Review to the United Nations Human Rights Council, expected to take place from Oct. 27 to Nov. 7.

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