7am News Wrapup May 1
By MOHAMED ABDEL MEGEED

The North Cairo Criminal Court adjourned the trial of ousted President Mohamed Morsi and 130 other defendants to May 8 in the Wadi al-Natroun prison break case.

News:

The High Presidential Elections Committee (HPEC) to discuss fining Hamdeen Sabbahi for violating the elections law by announcing his platform early, on Wednesday.

The National Council for Disability discussed the voting process of the presidential elections with the EU delegation permitted to monitor the elections.

The Holding Company for Biological Products and Vaccines (VACSERA) announced Wednesday the launch of an Egyptian-made vaccine production line.

Politics:

A state of controversy over the judicial verdict issued by the Minya Criminal Court to sentence 683 defendants affiliated with the Muslim Brotherhood to death.

EU’s Foreign Policy Chief Catherine Ashton chose Ario David, the European parliament lawmaker, to lead the EU observers who will monitor the presidential elections.

Business:

A number of Egyptian banks expressed their willingness to fund new solar energy plants to generate electricity.

Egyptian Exchange (EGX) indexes collectively edged higher, supported by purchases from Egyptian investors, to gain 8.5 billion EGP.

Editor’s Pick:

Close coordination between security forces and Armed Forces reduced the number of violent attacks in the Sinai in 2013.

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