7 pm News Wrapup May 4
By THE CAIRO POST

News:

Head of Misr El Kheir foundation Al-Arish branch and retired army colonel Reda Ramsy died from a gunshot wound to the neck on Sunday, according to Youm7.

Politics:

Banha Criminal Court conducted the first session trial of ousted President Mohamed Morsi‘s son Abdullah and his friend on Sunday. The trial was adjourned to June 3 upon the defendants’ lawyers’ request to summon the head of forensic doctors.

Business

The Egyptian Exchange indexes ended in the black Sunday, with market capitalization adding 5.3 billion EGP ($756.3 million) and getting a boost from positive blue chip performance.

In-depth

CBE prepares to announce Egypt’s foreign reserves, auctions 5.5B EGP Sunday.

Egyptian military forces denied news claiming that Egyptian soldiers had been held captive then killed in South Sudan, following Sudanese media reports published on Saturday.

Amid fears of the new Middle East Respiratory Syndrome Coronavirus (MERS-CoV) spread in Egypt during pilgrimages, a number of tourism companies said the Health Ministry’s demands to delay travels to Saudi Arabia are “simply exaggerations.

Editor’s pick

Presidential candidate Hamdeen Sabbahi: “I promise to pardon all prisoners of conscience if elected”

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