7am News Wrapup June 11
By The Cairo Post

News & Politics:

The Ministry of Antiquities seeks to retrieve five ancient Egyptian artifacts stolen from Saqqara.

Islamists have little chance to win in the parliamentary elections according to Al-Ahram Center for Political and Strategic Studies.

Business:

EG-Finance Association member Mohsen Adel said that Egypt’s new budget for Fiscal Year 2014-15 is very similar to its counterparts over the past 20 years.

The General Company for Silos and Storage (GCSS) signed a 370 million EGP deal with the UAE for building two wheat silos.

Head of the U.S. Egypt Business Council (USEBC) said the council wants to cooperate with newly elected President Abdel Fatah al-Sisi and his administration.

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Tuesday that the rate of monthly inflation in Egypt edged down 0.9 percent in May.

Editor’s Pick:

Details of Tahrir Square sexual assaults during celebrations after the swearing-in ceremony of Abdel Fatah al-Sisi as president have emerged.

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