7pm News Wrapup July 14
By THE CAIRO POST

News:

U.S. Secretary of State John Kerry will visit Egypt Tuesday to discuss with his Egyptian counterpart Sameh Shoukry, and other officials the ongoing Israeli offensive on Gaza, said Egyptian Foreign Ministry spokesman Badr Abdel Atty Sunday in a statement.

Egyptian Minister of Foreign Affairs Sameh Shoukry will head an urgent meeting of the Arab League scheduled for Monday in Cairo to discuss the situation in Palestine, according to a Monday statement.

The Egyptian Army sent a second shipment of humanitarian aid to Gaza through the Rafah border crossing; meanwhile the Arish Airport in Sinai is also preparing to receive the first United Arab Emirates airlift of food and medicine to the people of Gaza, a source at the airport said Sunday.

In cooperation with the Ministry of Social Solidarity, the Ministry of Supply will provide 200,000 poor families with ration cards and cancel cards of those who do not need them, Al-Mal Business Daily reported Sunday.

The power crisis is going to be controlled soon by using alternatives, Prime Minister Ibrahim Mahlab said in a statement during a tour in Qena governorate Monday.

Minister of Agriculture Adel el-Beltagy visited Halayeb and Shalateen in the far Southeast of Egypt near the Sudanese border to promote a solar-powered housing project in the impoverished and underdeveloped region, Sada al-Balad reported Monday.

Politics:

The Cairo Court for Urgent Matters overturned Monday an earlier ruling preventing former members of the National Democratic Party (NDP) from running in elections.

Security forces arrested Sunday evening five Muslim Brotherhood members trying to flee to Sudan, said military spokesperson Mohamed Samir.

Business:

The head of the Strategic Committee for Small and Mid-Cap Enterprises (SMEs) at the Federation of Egyptian Industries (FEI) Bahgat Al-Dahesh called to establish an industrial bank to fund SMEs, Mubasher reported.

UAE investments in the telecommunications and information technology sector in Egypt have reached more than $2.08 billion, reported Al-Bayan Monday.

The Egyptian Exchange (EGX) rebounded Monday, buoyed by the collective rise of blue chips and purchases from local and foreign institutions.

A number of Egyptian, Sudanese, and Emirati investors have offered an initiative with the Samanoud Felt Fabric Company, to operate the textile production sector by paying workers on a daily basis, company media spokesperson of the Workers Syndicate Committee Hisham el-Banna announced Monday.

In-Depth:

There are some 364 “unsafe” areas in Egypt and 1,099 unofficial markets, comprising 37.5 percent of Egypt’s urban areas, Minister of Urban Development Laila Iskandar said in a Monday press conference.

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