7am News Wrapup July 16
By THE CAIRO POST

Seven members of the Sinai based jihadist group Ansar Bayt al-Maqdis have been killed Tuesday by Egyptian security forces amid a security campaign targeting jihadist groups based in Sinai including Sheikh Zuweid and Rafah.

News:

President Abdel Fatah al-Sisi issued Tuesday a presidential decree for the formation of a new Supreme Electoral Commission to run the upcoming parliamentary elections.

The head of the department of trans-border rivers in the Ethiopian Ministry of Water and Energy, Faqih Ahmed, said his country suggests resuming trilateral negotiations between Egypt, Ethiopia and Sudan about the Grand Ethiopian Renaissance Dam in the last week of August in Khartoum.

Freight truck traffic between Egypt and Libya will be halted indefinitely starting July 18.

In depth:

There is no separate law suggested by the Ministry of Finance to increase cell phone tariff tax.

Business:

About 50 Egyptian businessmen donated over 5 billion EGP ($700 million) during an official banquet organized by the presidency for Iftar at Ithadeya presidential palace.

The contract to sell the Solvadi treatment produced by American company Gilead to Egypt including providing Egypt with 225 thousand doses of the treatment as a first shipment for 450 million EGP ($63 million) was eventually signed.

Editors Picks:

Ansar Bayt Al-Maqdis (Supporters of the Holy House) is a jihadist group which has claimed responsibility for many violent attacks in several Egyptian cities. The group was designated as a terrorist organization by the U.S. government and the U.K. government in April 2014.

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