7pm News Wrapup May 20
By THE CAIRO POST

Alexandria Criminal Court sentenced political activist Mahinour Al-Masry t otwo years in prison over violating the protest law.

News & Politics:

One student in the fourth year was killed due to a deadly injury in his lung by birdshot in the Tuesday clashes, according to Faculty of Engineering in Cairo University students’ union.

A Ptolemaic limestone temple was discovered at Gabal el-Nour in the Upper Egyptian governorate of Beni Suef, Minister of Antiquities Mohamed Ibrahim said Monday.

Sohag Criminal Court adjourned the trial of 119 Muslim Brotherhood members to July 3 and 4 to listen to the rest of the eye witnesses’ testimonies.

Ousted President Mohamed Morsi‘s trial in the Ithadeya incidents case was adjourned to May 22 to hear the rest of the witnesses, Youm7 reported Tuesday. Details on the Ithadeya trial sessions are secret and are banned from being published.

Business:

Egyptian Exchange (EGX) indexes rallied Tuesday as the benchmark index EGX30 reached the highest level since in August 2008 amid upbeat investor sentiment ahead of presidential elections and Egyptian expats’ voting results.

Minister of Planning and International Cooperation Ashraf al-Araby announced Monday that the government is being forced to borrow from Egypt’s operating banks to cover the budget deficit and provide money liquidity for citizen needs.

In-Depth:

Presidential candidate Abdel Fatah al-Sisi said Monday that he is ready to visit Ethiopia for talks on resolving the Nile water and Grand Renaissance Dam project dispute if this serves Egypt’s interests.

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