An armed group attacked a military checkpoint in Arish, North Sinai Sunday evening, killing one civilian and injuring a soldier.
Egypt will have 337 billion EGP in new investments during the next fiscal year.
The Egyptian Exchange (EGX) indexes rallied during Monday’s mid-session and market capitalization gained 4.7 billion EGP backed by upbeat investor sentiment about the inauguration of President Abdel Fatah al-Sisi.
The Ministry of Finance (MOF) is set to borrow 65.2 billion EGP ($839.1 million) in treasury bills during June, amid ongoing efforts to fill a soaring budget deficit.
The Egyptian Exchange (EGX) indexes rallied Monday and market capitalization gained 3.3 billion EGP ($461 million).
President Abdel Fatah al-Sisi addressed the nation in a speech from Kobri el-Qobba palace following his inauguration. “We will build our country on the basis of social justice and human dignity, which provide us with freedom and a prosperous life,” Sisi said.
A video of a woman who was sexually assaulted and left naked after a mob harassment in Tahrir Square Sunday went viral and outraged advocate groups who blamed it on the Ministry of Interior’s deficient security plans during Sunday’s celebrations.