The private sector Commercial International Bank (CIB) said it has received approval from the Egyptian state's central bank to acquire Citibank Egypt's retail portfolio, CIB said on Tuesday.

Egypt's president Abdel-Fattah El-Sisi ratified amendments to the income tax law, lowering the tax ceiling and ending the wealth tax, according to the official gazette published on 20 August.

The Memorandum of Understanding signed with Russia to build two nuclear power plants in Dabaa will soon be finalized, said Electricity Ministry adviser and former chief inspector for the International Agency for Atomic Energy, Ibrahim al-Asiri.

The Press Syndicate’s freedom’s committee expressed its concerns on Sunday over the return of press censorship that threatens press freedom in Egypt and violates the constitution.

Global marketing and advertising agency J. Walter Thomposn has been selected to campaign for Egyptian tourism on a three-year contract worth $22 million annually, the tourism minister said.

Egyptian students staged 807 protests during the 2014-2015 academic year extending between October 2014 and June 2015, an independent report has shown.

The Nile River Police unit has started to evacuate Nile leisure boats (known locally as feluccas) docked in front of the former National Democratic Party (NDP) building on the Nile Corniche in Cairo Sunday, despite the refusal of their owners.

Egypt's market extended its heavy losses on Sunday's session, as the benchmark EGX30 index fell 5.42 percent, to its lowest level in 20 months, as stocks were sold across the board.

Two international consultation firms were given a deadline on Sept. 5 to submit an edited version of their technical study on the controversial Ethiopian Dam to be reviewed by experts from Cairo, Addis Ababa and Khartoum.

Tens of low-ranking police officers attempted to storm the Sharqeya Security Directorate, after the arrival of anti-riot troops from the Central Security Forces (CSF) Sunday morning.

The Egyptian press syndicate condemned on Sunday "halting the printing of newspapers and intervening in their contents."

Egyptian President Abdel-Fattah El-Sisi will hold talks with his Russian counterpart Vladimir Putin in Moscow next week in efforts to boost strategic ties and economic cooperation between both states, the presidency announced on Thursday.

More citizens will be exempted from the income tax, as the government approved on Wednesday to increase the exemption bracket from 5,000 EGP ($638) to 6,500 EGP ($830) a year.

Egypt had defended a controversial anti-terrorism law, saying “respect of Egypt’s independence of decision taking is a must.”

A total of 27 French tourists were rescued Thursday after their boat collided with coral reefs and sank in Marsa Alam city, on the western shore of the Red Sea, reported Youm7.

The Egyptian Center for Economic and Social Rights (ECESR) held Wednesday a press conference attended by syndicate leaders to discuss their objections to the much-debated Civil Service law.

Last week, under the blazing heat that has been sweeping the country, thousands of workers – mostly tax authority employees — protested the new civil services law.

The United States denounced Egypt's newly expanded counterterrorism law Tuesday, expressing concern about its potential impact on human rights in the country, a military ally of the US.

Egypt’s Antiquities Ministry says it’s inviting an Egyptologist behind a theory that the tomb of Queen Nefertiti may be located behind King Tutankhamun’s 3,300-year-old tomb in the famed Valley of the Kings.

Three more have died of heatstroke, mostly amongst senior citizens, and hundreds of others have succumbed to ill health across Egypt on Tuesday according to Ministry of Health reports.

After two days of opening the Rafah border crossing in both directions, 3,639 people have gone through the land crossing, either entering or exiting the besieged Gaza strip.