Egypt suspended a capital gains tax on Monday, sending shares soaring after a months-long downturn in which investors had complained of a lack of clarity about the new taxes, with some even taking the government to court.

Archeologists have uncovered a twice-forgotten Ancient Egyptian temple located in the southern part of the African country, according to an announcement on Egypt’s Minister of Antiquities official Facebook page.

The US Congress is considering the reactivation of a preference system which grants 4,300 Egyptian exports customs exemptions on entry to the American market, a US Administration official has said.

Hamdeen Sabbahi, the former presidential candidate who ran against President Abdel Fattah al-Sisi last year, has tweeted on Monday that “anyone who believes the death penalty is the solution is wrong.”

Representatives of a number of political parties on Sunday drafted a unified list of legal amendments to present to the government, with the hope of paving the way for the country’s long-delayed parliamentary polls.

Egypt has imposed restrictions on women travelling to Turkey, months after introducing similar measures for men to stop them joining the Islamic State of Iraq and the Levant (ISIL) group.

Remains of a lost 3,300-year-old temple, most likely founded by the 18th Dynasty Pharaoh Thutmose II, have been unearthed in the Gebel al Silisilah; ancient Egypt’s largest sandstone quarry located to the north of Aswan.

Egypt sets a strategy to double its exports to $42 billion by fiscal year (FY) 2018/19, Foreign trade and Industry Minister Mounir Fakhry was quoted as saying by state-owned news agency MENA on Sunday.

President Abdel Fattah Al-Sisi received Sunday the “unified project”, a proposal of legal amendments to the laws related to parliamentary elections, by nearly 30 political parties who have concluded a three-day workshop, the Conservative Party announced.

Egypt's unemployment rate fell to 12.8 percent in the first quarter of the fiscal year 2014/2015, compared to 13.4 in the first quarter of the previous year, the Central Agency for Public Mobilisation and Statistics said on Sunday.

Up to 85 percent of Egyptians agree on the “sons of garbage collectors” being appointed to positions in the judiciary if they have the required qualifications, according to a new poll from the Egyptian Centre for Public Opinion Research (Baseera).

Prominent author Alaa al-Aswany has sarcastically reacted to President Abdel Fattah al-Sisi’s intervention to resolve conflicts within the veteran Wafd Party which endanger its stability before the Supreme Board elections slated for Friday.

Pharaohs of ancient Egypt may have created monuments that tower over men, but in real life they suffered from diminutive stature, a recent study involving involved hundreds of ancient Egyptian mummies has revealed.

Ten Arab countries agreed to launch a working group to preserve archeological property in a conference on cultural heritage held in Cairo on Thursday.

Defence Minister Sedki Sobhi along with Interior Minister Magdy Abdel Ghaffar visited security forces stationed in North Sinai, and checked several security sites Wednesday morning.

The Central Bank of Egypt (CBE) has imposed an interest rate ceiling on short-term US$ bank deposits, amounting to 1.5 percent above the 3-month LIBOR, daily business newspaper Al-Mal said, quoting anonymous sources.

The divisions within the veteran Wafd Party have deepened ahead of its supreme board elections, scheduled for next Friday, as its chairman, al-Sayyed Al-Badawy, is grappling with troubles both inside and outside the organization.

President Abdel Fatah al-Sisi met the Minister of Housing Mostafa Madbouly and Minister of Investment Ashraf Salman Tuesday to follow the latest progress, according to a presidential press release published May 13.

Former president Hosni Mubarak has served his sentence on charges of embezzling public money, and will not be imprisoned further, the Minister of Interior Aid for Prison Affairs Hassan al-Sohagy told Youm7 Wednesday.

Close to 40 political parties are to meet on Thursday to discuss an ‎initiative aimed at unifying the Egyptian opposition's ‎positions on the country's election laws and ‎moving the country's long-delayed parliamentary ‎polls forward. ‎

The government will replace Wednesday former justice minister Mahfouz Saber, following major outcry over comments he made regarding garbage collectors’ sons being unfit to occupy the position of a judge.