7am News Wrapup May 3
By THE CAIRO POST

News:

The Ministry of Health announced that a travel ban to Saudi Arabia might be imposed during the pilgrimage season to curb a possible outbreak of corona-virus.

One person was killed when a car bomb exploded in Downtown Cairo, marking the fourth explosion in the country on Friday.

Politics:

Hamdeen Sabahi and Abdel Fatah al-Sisi, Egypt’s two presidential candidates, denounced the terrorist attacks in Heliopolis and Sinai Friday.

Transparency International called for Egypt’s presidential candidates to make a public pledge that ensures they will tackle corruption within six month of assuming office.

Business:

The Egyptian Exchange will organize its first conference for initial public offering on May 6.

Editor’s Pick:

Managing Director of the International Monetary Fund Christine Lagarde said that Egypt’s economic reforms are a must regardless of the next president.

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