7am News Wrapup April 26
By THE CAIRO POST

News & Politics:

A memo of understanding was signed between Egyptian Minister of Agriculture Ayman Abou Hadid and his Chadian counterpart as a part of technical and agriculture cooperation between Egypt and Chad.

A policeman was killed in a fire exchange between security forces and armed men affiliated with the Muslim Brotherhood in Cairo’s Mataria district.

Polyester company employee strike ends following promise to meet demands.

Spokesperson of Freedom and Justice Party Yasser Mehrez was arrested Friday, making him the fifth Muslim Brotherhood spokesperson to end up behind bars since the dispersal of Rabaa al-Adaweya Square sit-in.

Business:

The Egyptian Exchange is likely to surge Sunday, powered by Mobilink, a leading cell phone operator in Pakistan and a subsidiary of the EGX listed Global Telecom Holding, getting a 15-year spectrum for the 3G mobile network in return for U.S. $300.9 million.

In-Depth:

Egypt banned Thursday the “World Hookah [water pipe] Championship” scheduled to be held at Cairo International Conferences Center (CICC) on Thursday and Friday.

The parliamentary election system sparks debate between political parties.

Editor’s Pick:

Earliest-known images of Jesus revealed in a newly discovered tomb

One of the earliest known images of Jesus Christ has been discovered by an archaeology team of the Catalan Egyptology Society in Upper Egypt’s site of Al Bahnasa.

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