7pm News Wrapup May 16

Clashes between pro-Muslim Brotherhood protesters and security forces flared up once more after Friday prayers.

Archaeologists made a new mummy discovery in Asyut on Friday; further details will be reported later.

News:

Security sources told Youm7 Friday that State Security prosecution notified 102 Ansar Bayt al-Maqdis members they had been referred to a criminal court on charges of terrorism.  The sources said a prosecution official headed to Aqrab prison, where the defendants are to be given copies of the referral, and then sign it.

Minister of Housing and Urban Development Mostafa Madbouly met with his Equatorial Guinean counterpart Juan Nko Mbula at the Cairo Ministry of Public Works to discuss cooperation between both ministries. The talks focused on providing Egyptian experience in the fields of construction, especially in low budget housing.

Politics:

During the second day of balloting abroad for Egypt’s presidential elections, the preliminary number of voters who participated since Thursday reached about 90,000, the Egyptian Foreign Ministry announced Friday.

Business:

The trade deficit dropped 2.7 percent to hit 21.59 billion EGP ($3.03 billion) in January, compared to 22.2 billion EGP in the same month last year, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed late Thursday.

President Adly Mansour issued a presidential decree Thursday to approve a $162-million loan agreement between Egypt’s government and the Arab Fund of Economic and Social Development to finance a project linking Egypt and Saudi Arabia’s electricity grids.

The Egyptian Exchange indexes rallied this week amid investors’ upbeat sentiments about the upcoming presidential elections and strong corporate results during Q1 of 2014.

Editor’s Pick:

As an Egyptian television show continues to broadcast activists’ private phone calls, the United Kingdom-based Privacy International (PI) won a victory over Her Majesty’s Revenue and Customs agency (HMRC) when a British court ordered it to reconsider a request to reveal investigations into the export of spyware to countries with “dismal” human rights records like Egypt and Bahrain.

According to a statement by PI, HMRC had issued a blanket refusal of an earlier 2012 PI request. In its case file to the court, PI attached a scanned document of Egypt’s notorious State Security Investigations department (SSI), which was leaked when the SSI’s headquarters was raided in March 2011 in the wake of the January 25 Revolution. The documents, viewed by The Cairo Post, suggest that U.K.-based Gamma International offered the SSI state-of-the-art FinFisher commercial intrusion kits in June 2010.

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