7am News Wrapup May 21
By THE CAIRO POST

News:

Foreign Ministry spokesperson Badr Abdel Atty said the ministry is holding a meeting on Wednesday with security leaders to discuss how to protect Egyptians in Libya.

Field Marshal Abdel Fatah al-Sisi wins over rival presidential candidate Hamdeen Sabbahi, with 92 percent of Egyptian expat votes compared to 6 percent.

The Alexandria Appeals Court on Tuesday upheld the sentence of Egyptian activist Mahinour al-Masry for two years in prison and fined her 50,000 EGP ($7,000).

Business:

The Egyptian Exchange (EGX) announced on Tuesday that the auditing of the financial lists of its registered companies is not within its powers or functions.

The Bank of Cairo announced its intention to increase investing in micro loans for micro enterprises in 2014 to 1.2 billion EGP.

Editor’s pick:

The Administrative Judiciary Court ruled on Tuesday that it has no jurisdiction over a case demanding a legislative amendment permitting the death penalty for minors who rape or murder other children, amid a rise in such incidents.

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