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Morsi: Law above everyone, people most precious

President Mohamed Morsi expressed his appreciation for the role played by the Armed Forces, Interior Ministry and the intelligence in returning the seven kidnapped police and military recruits unharmed.
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Security agencies succeed to release kidnapped businessman in southern Sinai

Security services in South Sinai in coordination with the elders of the Bedouin tribes succeeded on Tuesday 21/5/2013 to release an abducted businessman in Sinai by unknown assailants who was riding a car without license plates and carrying weapons.

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Exploded car in Rafah, one killed

Official sources in the northern Sinai town of Rafah said that one person was killed in a car explosion that was loaded with missiles south of Rafah city, near the Egyptian-Israeli borders.

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Abducted Egyptian soldiers released, Rafah crossing open

Armed Forces Spokesman Ahmed Mohamed Ali announced on Wednesday 22/5/2013 the Seven officers abducted in Sinai are freed through collaboration efforts among tribal chiefs, residents and military intelligence. The official source added that the Egyptian border with Gaza is open now.

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Bloomberg: Egypt’s dollar black market premium falls amid pound decline

The premium dealers’ demand for dollars in Egypt’s unofficial currency market is falling as the pound goes through devaluation, Bloomberg Agency reported on Tuesday 21/5/2013.

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