7am News Wrapup July 6
By THE CAIRO POST

News:

The six lines of Cairo’s Metro will be finished by 2020, the Egyptian Company for Metro Management and Operation Head Ismail el-Nagdy told ONTV Saturday.

Prime Minster Ibrahim Mahlab announced Saturday the oil price hikes will provide approximately 51 billion EGP ($7 billion) in the current fiscal year, 22 billion of which would be allocated for health services, Al Masry Al Youm reported.

Politics:

The freeze of assets of Muslim Brotherhood members sentenced to death, or life in prison is “irrational,” since the convicted have no means to access their funds, said the dean of the faculty of law at Cairo University, Dr. Mahmoud Kbeish to CBC Extra Saturday.

A popular campaign has been started by Amr Moussa supporters to call on the former chairman of the 50-member committee to run in the upcoming parliamentary election so he can be elected the head of the new legislative body.

Business:

A recently announced hike in the price of oil products following the removal of government subsidies could cause as much as a 200 percent increase in all products due to a certain increase in transportation costs and a possible increase in productions costs, Consumer Protection Agency (CPA) head Zeinab Awad Allah told Al-Masry Al-Youm Saturday.

Editor’s pick:

Female genital mutilation (FGM) is increasing in rural areas in Egypt according to Women and Development Association (WDA) Alexandria governorate head Aida Nour al-Din, Youm7 reported Friday.

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