7pm Wrapup July 9
By THE CAIRO POST

News:

One soldier was killed and four other was severely injured in a “terrorist” attack in North Sinai Wednesday.

Minister of Environment Khaled Fahmy announced Wednesday the ministry would join cooperation protocol by the Ministry of Manpower, to develop a universal work safety and environmental standards in work places.

The government has allocated 600 million EGP ($83.9million) in the budget of the fiscal year 2013-2014 for the Slums Development Fund (SDF).

Politics:

The Alexandria Elementary Court adjourned Tuesday a lawsuit to criminalize the slogan “down with the military rule” to September 9.

Egyptian political parties, forces, and government all condemned the attacks and bombings on Gaza that was officially initiated by the Israeli military.

Business:

Non-petroleum industrial production soared 12.5 percent, registering 80.8 billion EGP ($11.3 billion) during the fourth quarter of 2013.

The Minister of Housing opened the door Tuesday to receive booking applications for 24,000 residential units in the second phase of its social housing program.

EGX board member and chairperson of Arabeya Online Brokerage Hisham Tawfiq said Tuesday he would take public the shares of a new company that plans to produce up to 100 megawatts of solar power in the desert.

Egypt’s external debt soared to $ 45.28 billion from July 2013 to March 2014, marking a 4.8 percent increase compared with $43.2 billion in June, 2013.

Editors’ Pick:

Egyptian Center for Social and Economic rights (ECESR) issued its annual report regarding protests in 2013 on July 7, 2014.

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