7pm News Wrapup June 1
By THE CAIRO POST

News:

Five border guard soldiers and one officer were killed in Wadi Gedid after unidentified gunmen attacked a military patrol Sunday morning.

A Twitter account associated with Sinai-based militant group Ansar Bayt al-Maqdis claimed responsibility for the murder of five border guard soldiers and one officer in the Wadi Gedid governorate after gunmen attacked a military patrol Sunday morning.

A group of activists announced they would demonstrate Sunday in solidarity with two detainees, Al Jazeera journalist Abdullah El-Shamy, and Mohamed Sultan, the son of the Muslim Brotherhood leader of the same name.

Thirteen citizens tested positive for malaria in Aswan in Upper Egypt, according to Ministry of Health Deputy for Preventive Medicine Amr Qandil, Youm7 reported.

The unemployment rate in Egypt is at a steady 13.4 percent, Prime Minister Ibrahim Mahlab said during a press conference Saturday.

Politics:

A large number of students of different academic grades are now behind bars, and they have failed to take their exams because they were arrested during recent instability in Egypt.

The Geneva talks on Syria were “deceptive and useless,” said former Arab League head Amr Moussa in an interview published in Asharq Al-Awsat Sunday.

Despite strong participation by women in the presidential election and in protests, they will hold less than 4 percent of the seats in the upcoming parliament, which a number of activists are calling political marginalization.

Business:

Interim President Adly Mansour approved a syndicated loan between Egypt and the World Bank for reconstruction and development valued at $300 million Saturday to finance micro and small enterprises (MSE) in the upcoming period.

The Ministry of Electricity is set to receive requests for new prepaid meters by June 1 at all electricity companies in Egypt.

The Central Bank of Egypt (CBE) is set to auction 5.5 billion EGP ($769.2 million) in treasury bills Sunday, amid ongoing efforts to fill a soaring budget deficit.

The Egyptian government has opened a tender to import petroleum products in the third quarter of the current fiscal year.

Editors’ Pick:

The High Presidential Elections Committee (HPEC) will look Sunday into the second appeal filed by former presidential candidate Hamdeen Sabbahi over alleged violation in some polling stations.

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