7pm News Wrapup March 26
By THE CAIRO POST

News 
Abdel Fatah al-Sisi announced he resigned as Minister of Defense and will run for president in upcoming elections.

One person died and eight were injured during clashes that erupted Wednesday in Cairo University between students and security forces.

Presidential hopeful and Popular Current Founder Hamdeen Sabbahi’s campaign will start its first official demonstrations Saturday to promote his electoral program.

Military experts agree with Abdel Fatah al-Sisi’s decision Tuesday of assigning Special Forces from the armed sources to confront “terrorism,” Youm7 reported.

 

Business

Minister of Finance Hany Kadry will visit Washington on April 9 to review the situation of the Egyptian economy.

Egyptian Exchange (EGX) indexes showed great performance during Wednesday’s mid-session, with the benchmark index EGX30 scoring 0.23 percent up to hit 8,501 points, penetrating the resistance level at 8,500 after closing at 8,501 Tuesday.

 

In-Depth

Following three years of civil war in Syria, 2.4 million Syrians have been displaced, according to the United Nations. As of November 2013, 133,800 of them were in Egypt, and of those, an estimated 75,000 are minors, according to UNICEF.

The National Bank of Egypt Club has launched a project to repack excess food, mainly from the club, and put it in a wooden box in the street without any restrictions.

Editor’s Pick

A number of families of people in detention, as well as former detainees, will file a collective lawsuit to the Attorney General on Thursday regarding the torture that prisoners are allegedly subjected to by police forces while in custody.

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