7pm News Wrapup May 26
By THE CAIRO POST

News:

Mohamed Fathy, a member of Tamarod and of Abdel Fatah al-Sisi‘s presidential campaign, was shot outside his house in Nahya, Giza early Monday.

Presidential candidate Hamdeen Sabbahi violated the law when he gave remarks to the reporters while casting his ballot in Agouza, Giza, and an unknown man attempted to attack Abdel Fatah al-Sisi as he was casting his vote in Heliopolis.

The Muslim Brotherhood reiterated its condemnation of the presidential election that began Monday, and said it would boycott the process, in a Sunday statement.

Zawya al-Hamra Library in Cairo will organize a campaign to raise awareness about the importance of clean streets.

On the first day of the presidential elections on May 26 five were injured in clashes that took place between security forces and dozens of Muslim Brotherhood members in Mansoura.

Politics:

After about 11 months of his rule, interim President Adly Mansour has dealt with highly sensitive files and has been both criticized and supported for most of the decrees and decisions he issued.

Land crossings between Egypt and Sudan will reopen during the upcoming few days to facilitate trade and goods between African countries.  COMESA to encourage environmental trade between Egypt and Sudan.

Police and armed forces are “interfering in the electoral process, and do not allow Hamdeen Sabbahi campaign representatives access to polling stations, except after checking their endorsements.”

Business:

Interim president Adly Mansour on Sunday issued a presidential decree approving a loan agreement between Egypt and the European Investment Bank for Reconstruction and Development (EBRD) to fund the El Shabab power plant project.

Former Islamist President Mohamed Morsi raised people’s expectations before being elected, and offered them nothing when he took office.

The government is expected to offer cash support ranging between 300 to 450 EGP monthly to about 216,000 poor families to help ease burdens amid a potential hike in energy prices.

The African Development Bank (AFDB) is currently negotiating with the World Bank (WB) to swap $1 billion in debts owed to the AFDB by Egypt.

Editors’ Pick:

“Unfortunately presidential candidates Abdel Fatah al-Sisi and Hamdeen Sabbahi did not focus on women’s concerns during their campaigns, as much as I had hoped. Women make up half of society, and we have a lot of problems that need immediate solutions.”

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