7pm News Wrapup April 22
By THE CAIRO POST

News & Politics:

Cairo Criminal Court adjourned Tuesday the trial of former President Mohamed Morsi and Muslim Brotherhood leaders to April 28 over charges of espionage with foreign organizations in order to hear testimony of prosecution witnesses.

Egypt said the African Union has not taken a position regarding Egypt’s presidential elections.  Remarks from Egypt’s foreign ministry came following a recommendation issued by the chairperson of the AU Peace and Security Council Paul Lolo Polis, calling on the AU not to send a delegation to monitor the coming presidential elections.

Clashes erupted Tuesday between pro-Muslim Brotherhood students and police in Abdel Aziz el-Shenawy Street near Al-Azhar University. Students blocked the road after exiting the university gates, and security forces tried to reopen the street to restore traffic to its normal condition.

Business:

Egypt’s budget deficit will reach 14 percent in the 2014/15 fiscal year if economic reforms are not applied, but the deficit may fall to 10 percent in case they are applied, a government official told state-run Al-Ahram Tuesday.

The Egyptian Exchange indexes collectively rose Tuesday, and market capitalization gained roughly 6.9 billion EGP (U.S. $987.1 million), boosted by telecom sector stock topped by Global Telecom.

In-Depth:

Children and families smile and dance as they listen to a band on the platforms of the Attaba subway station in a recent ad campaign urging Egyptians to sort their waste at home. The musicians play on instruments made out of repurposed household items, and the end of the 30-second spot ends with the message “waste separation = clean environment.

Recommend to friends

Leave a comment