7am News Wrapup Aug. 2
By THE CAIRO POST

News:

President Abdel Fatah al-Sisi will make a visit to Moscow sometime during August, an informed source told Youm7 Friday.

The interdenominational Egyptian Council of Churches is considering a proposal to raise funds for Iraqi Christians from Mosul forced to flee their homes due to the religious persecution of the jihadist Islamic State (IS), said Greek Orthodox Church of Alexandria spokesman Royce Morqos Thursday, Al-Shorouq reported.

U.S. Secretary of State John Kerry, fearing an escalation of violence in Gaza, called on Turkey and Qatar on Friday to use their influence to secure the release of a kidnapped Israeli soldier whose abduction led to the breakdown of a short-lived ceasefire between Israel and Hamas.

Saudi Arabia’s King Abdullah bin Abdul Aziz criticized on Friday international inaction over Israel’s offensive in Gaza, which he described as involving mass slaughter and “war crimes against humanity,” in a speech read out on his behalf on state television.

The Interior Ministry announced Friday it had seized 28 firearms and 157 bladed weapons after arresting three alleged gangs and 101 alleged drug dealers in the last 24 hours across the country.

Politics

Security forces intensified their presence in Tahrir and Mostafa Mahmoud squares, and also around the Qatar Embassy in Mohandiseen, in preparation for Muslim Brotherhood demonstrations Friday.

Business:

Egypt is set to host an Egyptian-South Korean joint investment forum from Aug. 26-27 in order to expand mutual cooperation and explore investment opportunities, Minister of Industry and Trade Mounir Fakhry Abdel Nour announced Friday, Masrawy reported.

The Ministry of Finance is scheduled to auction 64.5 billion EGP ($9 billion) in treasury bills and bonds in August.

“Haneqder” (We Can) initiative officials agreed late Wednesday to create the National Holding Company in order to restructure public sector companies, Mubasher reported Thursday.

In-Depth:

The Middle East and Africa region contains the highest percentage of victims of human trafficking in the world at 68 percent, according to a Wednesday statement by the United Nations Office on Drugs and Crime (UNODC).

Editor’s Pick:

Egypt delayed cease-fire negotiations after Israel revealed that one of its soldiers had been captured, Islamic Jihad Secretary-General Ziad al-Nakhala told AFP Friday.

Recommend to friends

Leave a comment