7pm News Wrapup May 23
By THE CAIRO POST

The presidential election campaigning will end in five hours as the phase of pre-election silence, according to the regulations set by the High Presidential Elections Commission. The leftist candidate Hamdeen Sabbahi is holding a press conference in Abdeen district of Cairo, while his rival former Minister of Defense Abdel Fatah al-Sisi will conduct interviews with five channels and then give a speech to the public at 10:00 pm local time.

News:

Satirist Bassem Youssef announced Thursday that his Al-Bernameg show would air on MBC Masr TV channel on May 30.“We are preparing to return to the screen next week,” Youssef tweeted, adding that the episode would be a “distinctive” one on elections.

Security forces arrested 56 Muslim Brotherhood members in nine governorates two days ahead of the presidential elections, Ministry of Interior Mohamed Ibrahim said in a statement Friday. Sixteen of the detainees were arrested in Giza and 13 in Alexandria and the detentions were warranted by the public prosecuting on charges of inciting violence, demonstrations, and attacking police stations.

An Egyptian military delegation, headed by General Mohamed Al-Assar, Assistant Minister of defense, flew to Moscow on late Thursday in an unannounced visit including a number of military officials, reported Youm7.

The armed forces launched Thursday a “large scale military operation against highly dangerous criminal elements” in northern Sinai, announced military spokesperson Colonel Ahmed Ali Friday on his official Facebook account.

Shady El-Meneai, a leading member of the Sinai-based militant group Ansar Bayt al-Maqdis, and three other members were killed by security forces with the help of Bedouin tribes in the center of Sinai, security sources told Youm7 early Friday.

Politics:

The High Presidential Election Commission (HPEC) is about to take a decision against the presidential candidate who is distributing free energy-saving light bulbs for the poor, HPEC secretary general Abdel Aziz Salman said Thursday during his interview on Dream channel.

The Cabinet ratified Thursday a presidential decree issued May 20 that cancelled decisions issued by former President Mohamed Morsi to pardon Islamist prisoners.

Morsi took a number of decisions to release political prisoners during his one-year tenure, and had said the decisions came to honor his commitments to release the people arrested during the revolution.

Presidential Candidate Hamdeen Sabbahi denied reports he would accept the post of prime minister if he lost the election in a Thursday interview with ONTV. “I am not satisfied with the media coverage of my electoral campaign and I hoped it to be more professional and impartial,” Sabbahi told the channel.

Business:

Leading Investment Company in Africa and the Middle East, Citadel Capital, proposed it build a 1 gigawatt power station worth $1.3 billion, Citadel’s chairman and Founder Ahmed Heikal announced late Wednesday.

The Egyptian Exchange (EGX) rallied during the week due to investor sentiment preceding the presidential elections, and market capitalization gained around 5.5 billion EGP ($771.1 million) to hit its highest daily level since March 27 at 497.89 billion EGP.

In-Depth:

Egypt’s next president must prioritize respect of human rights and liberty in order to in order to achieve political stability, eight human rights organizations said in a Thursday press release.

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