Investor optimism back in force
Retired investors return to stock market on optimism about the country’s economic future
Egyptian businessmen create economic rescue fund
Fund set up to commemorate Morsi’s ouster, help finance country’s ailing economy
Banks lower interest rates 1% on Treasury bills
Central Bank releases bids for new bills worth upwards of EGP 7bn, at a 14.1% interest rate
Goods transport running as normal: supply ministry
Families consisting of five or more individuals would obtain one and a half kilograms of beans and three bags of pasta.
Fitch cuts Egypt’s credit ratings from B to B-
The global rating firm could further downgrade Egypt’s credit rating, as outlook is already negative
Al-Zawahiri calls for “victims and sacrifices”
Al-Qaeda Leader criticised Islamists for not uniting to implement Sharia
Freedom and Justice Party refuses dialogue
Confusion ensures as interim government calls for dialogue.
World reacts to Morsi ouster
US representatives condemn the Muslim Brotherhood and support democratic process in Egypt