7 am News Wrapup June 22
By THE CAIRO POST

News:

Anonymous persons planted an explosive device on the Arish-Rafah road in North Sinai governorate where armed personnel carriers were crossing but it detonated only after they passed, MENA reported.

Damietta Criminal Court sentenced eight people to life in absentia Saturday for torching the legal advisers’ office of the Muslim Brotherhood’s Freedom and Justice Party in Damietta governorate in June 2013.

Politics:

The International Organization of the Muslim Brotherhood in London sold a number of properties worth approximately £85 million ($144 million) to avoid confiscation of their funds by the British government, MB without violence said in Saturday statement.

The Egyptian government is considering moving a proposed donors’ conference to the end of 2014, instead of following Eid al-Fitr, an official inside the investment ministry told Shorouq newspaper Saturday.

Business:

A number of sovereign bodies now oversee the settlement of investor-state disputes concerning Egyptians Arabs or other foreigners, an informed source told Al-Mal newspaper Friday.

Editor’s Pick:

To eradicate the phenomena of the street children, the Egyptian government should follow Brazil’s solution of killing them, Egyptian columnist and academic professor Nassar Abdullah suggested, which sparked anger among citizens, especially human rights activists.

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