News & Politics:
Political activists staged a sit-in in front the presidential palace after the Misdemeanor Court of Appeals approved on Monday a 3-year imprisonment sentence against political activist Ahmed Doma and others. The trial coincided with the ousted President Hosni Mubarak’s retrial over killing peaceful protesters, which was adjourned to April 8.
In Aswan, 80 schools closed on Monday after the clashes erupted between two of the biggest tribes since last Friday. The clashes left 27 people killed and dozens injured; however, both tribes reached on Monday a three-day truce.
Former Minister of Finance Samir Radwan said he is against the implementation of a maximum wage, stressing that such an approach would deprive workers of their rights and not meet demands for social justice.
The Egyptian Exchange’s indexes closed Monday on a low, influenced by Egyptian and foreign investors’ net sales on the lead shares, while Arab investors mostly purchased, losing about 4.3 billion EGP in trading sessions, according to the EGX home page.
A delegation from the African Union arrived in Cairo on Sunday to start a four-day visit to Egypt. They met with Egypt’s President Adly Mansour to discuss the recent developments witnessed in Egypt, reported Youm7. The meeting was attended by Egypt’s Foreign Minister Nabil Fahmy.