7am News Wrapup July 4
By THE CAIRO POST

News:

5 people were injured in an explosion in Sidi Gaber while security forces have arrested Thursday 157 suspects affiliated with the Muslim Brotherhood in nine governorates.

President Abdel Fatah al-Sisi issued a presidential decree that ordered the allocation of 205.14 acres of land for agricultural reclamation projects, MENA reported Thursday.

President Abdel Fatah al-Sisi issued decree no. 199 for 2014 to appoint Ali Zaki Sokkar head of the Egyptian State Lawsuit Authority due to his senior status. The current head of the authority Ezzat Ouda reached the legal retirement age on June 30, MENA reported.

A fuel shortage increased in several governorates, with a number of  gas stations running out of grade-80 fuel, Al-Masry Al-Youm reported.

Egyptian activist Mahienour el-Masry sent a message from inside Damanhour prison on June 30 condemning the detention of Egyptian youth as a result of applying the protest law which orders the arrest of anyone protesting without official permission.

Business:

Hassan Fahmy, head of the General Authority For Investment “GAFI” signed Thursday a cooperation agreement with Dave Manraj, Mauritius’ Minister of Finance’s deputy. The agreement aims to boost mutual cooperation, make use of investment opportunities and help promote Egypt’s presence in the African continent.

President Abdel Fatah Al-Sisi is set to visit Kuwait within the next two months to boost mutual cooperation and to attract new investments, reported Al Mal Business Daily Thursday.

Editor’s Pick:

Unlike international media outlets, Egyptian journalists did not cover the trial of Al Jazeera reporters adequatly, in fact, some of them criticized the reporters while others ignored the imprisonment of Egyptian reporters entirely for what appeared to be political precautions.

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