DJI 15,224 +0.59% | S&P 1,640 +0.53% | NASDAQ 3,484 +0.16% | EGX30 - TopicsExpress

DJI 15,224 +0.59% | S&P 1,640 +0.53% | NASDAQ 3,484 +0.16% | EGX30 5,123 -3.55% EGYPT POLITICS - Egypt’s interim leader set parliamentary elections within seven months, pushing ahead with a troubled political transition on a day that also saw the army shoot dead at least 51 supporters of ousted Islamist President Mohamed Mursi. The timeline, unveiled in a 33-article constitutional declaration late yesterday, sought to chart a streamlined course forward for a nation gripped by unrest and economic stagnation since the 2011 revolution that toppled Hosni Mubarak. offer aid, according to Noah Capital Markets. On another note, Three days after being sworn in as Egypt’s interim president to succeed Mohamed Mursi, Adly Mansour dispatched Central Bank Governor Hisham Ramez to the U.A.E. for talks, stoking speculation an aid package from the second-biggest Arab economy would follow. The potential support reflects the unease with the Muslim Brotherhood, which has inspired similar Islamist movements across the region, including the Persian Gulf.