At least 638 people were confirmed killed and nearly 4,000 wounded in the violence sparked when riot police backed by armored vehicles, snipers and bulldozers smashed the two sit-ins in Cairo where Morsi’s supporters had been camped out for six weeks to demand his reinstatement. It was the deadliest day by far since the 2011 popular uprising that overthrew autocratic ruler Hosni Mubarak and plunged the country into more than two years of instability. Source: Huffington Post
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Egypt’s Armed Forces hindered a terrorist attack on Wednesday on a security checkpoint in North Sinai, killing five militants and injuring two others. Egypt Street
Egyptian Planning Minister Saeed told Reuters that she projected foreign direct investment in the country had reached $8 billion to $8.5 billion in the 2016-17 fiscal year. Saeed told a news conference that the economic growth rate for 2016-17 would not fall below 4 percent. Source: Middle East Online
At least ten Egyptian soldiers including a colonel were killed in a suicide bomb attack on an army checkpoint in northern Sinai, security sources said. Timothy Kaldas, a non-resident fellow at the Tahrir Institute for Middle East Policy, said there was a high likelihood that the attack would be claimed by Wilayat Sinai, a group affiliated with the Islamic State of Iraq and the Levant group.Source: Al Jazeera