7pm News Wrapup Aug. 4
By THE CAIRO POST

News & Politics:

The Greater Cairo Water Company (GCWC) declared it would shut off the water in 17 regions for 12 hours from 6 p.m. on Monday to 6 a.m. on Tuesday due to a leak in a pipe of one of the main water stations.

Cairo Criminal Court decided Monday to postpone the trial of former President Hosni Mubarak, his two sons Gamal and Alaa, former Minister of Interior Habib al-Adly and six of his aides to Aug. 5 to resume prosecution witness testimonies.

The court also adjourned the trial of Ahmed Doma and 268 others, on charges related to Cabinet clashes in 2011, until Wednesday Aug. 13 to also continue hearing prosecution witness testimonies.

Military forces killed 11 alleged terrorists in a gun battle in North Sinai.

Human Rights Watch called Monday on U.S. President Barack Obama to focus on human rights in the African Leaders Summit, scheduled to be held in Washington from Aug. 4-6.

Israeli military spokesperson Avichay Adraee announced a seven-hour humanitarian truce in the Israel-Gaza conflict Monday, saying it would give “a chance to thousands of Palestinians to go back to their homes.”

Business:

The minister of investment seeks to construct a new steel factory worth $1 billion to produce 1.5 million tons, and to be owned by the public Iron and Steel Company.

Prime Minister Ibrahim Mahlab: developing Suez Canal Axis will cost 50 billion EGP.

Etisalat Egypt is consulting with investment banks to offer its shares on the Egyptian Stock Exchange (EGX).

In-depth:

Political experts: cease-fire at stake because of the Palestinian side’s determination to lift Gaza blockade.

Editor’s pick:

Security forces raided an orphanage in the Haram neighborhood in Giza Sunday, following a video on social media showing the CEO beating children.

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