Home textiles manufacturer Welspun India on Tuesday said it has initiated steps to closely monitor and control its Egyptian cotton business, which had come under a cloud early this year over quality issues.

Egypt’s central bank said on Monday it had sold 688 million euros ($738 million) in euro-denominated 1-year treasury bills at an average yield of 2.3 percent.

Lawyer Samir Sabry filed a lawsuit with the Egypt’s Attorney General demanding the lifting of immunity from MP Mohamed Anwar al Sadat over accusations of leaking the government-drafted NGO law to a number of foreign embassies in Cairo, Youm7 reported.

The Cairo Court of Cassation on Tuesday rejected an appeal presented by public prosecution against earlier court ruling to release from prison the sons of the country’s former president Hosni Mubarak, Youm7 reported.

Egypt's Ministry of Irrigation has removed 12,061 structures illegally erected on the banks of the River Nile since January 2015, when the National Campaign to Save the Nile was launched by then-PM Ibrahim Mahlab, the ministry announced on Monday.

British oil company BP Global has plans to invest some $13 billion in Egypt before 2020, the UK embassy in Cairo said in a statement on Monday.

Students at the American University in Cairo (AUC) staged a strike on Monday for the eight day running to protest a rise in tuition fees after the government floated the Egyptian pound—a crisis extending to students in dozens of other international colleges and schools who pay tuition at a rate pegged to the dollar or other foreign currencies.

Egypt's parliament provisionally approved on Monday a draft law aimed at ‎regulating the performance of NGOs.

The Administrative Prosecution Authority has called on Prime Minister Sherif Ismail on Monday to act to distribute more than 50,000 packets of hepatitis C medication before the drugs expire.

Egypt will hold its first international tender for gold mining concessions since 2009 in early December, Petroleum Minister Tarek El Molla said at an economic conference on Monday.

The legislative Committee of the House of the Parliament has approved on a court decision to annul the membership of the parliamentarian Ahmed Mortada and appointing politician Amr al-Shobky, who was a member of 50-Member Committee that tasked to draft 2014 constitution, in his post, Parlamany reported on Monday.

Egyptian and Jordanian militaries continued exercises (Aqaba 2016) on Monday in southern Hashemite Kingdom, said Egyptian Armed Forces Spokesperson Mohamed Samir in a statement.

President Abdel Fatah al-Sisi will meet with European Commissioner for Migration, Home Affairs, and Citizenship Dimitris Avramopoulos on Monday, Youm7 reported.

Politician and poet Abdel-Rahman Youssef has been sentenced in absentia by a Cairo court on Monday to three years in prison on charges of "spreading false news" after criticising the president.

Orange Egypt has completed payment for its fourth-generation mobile services license and submitted the outstanding $242 million it owed the Egyptian government, a company official told Reuters on Monday.

Egypt’s stock exchange opened on a mixed note in Monday trade session, for the first time since the government has floated the Egyptian pound against the U.S. dollar scale early November, Youm7 reported.

Egypt will allocate 60 million EGP ($3.6 million), a part from the first tranche of the International Monetary Fund (IMF)’s $12loan, to the state’s budget deficit of Fiscal Year of 2016/2017, Youm7 reported an anonymous official told Youm7 on Monday.

Egypt has participated in the 9th iFresh China Fruit & Vegetable Expo that kicked off on Monday in Shanghai, Egypt’s state-owned news agency MENA reported.

The Cairo Criminal Court on Sunday upheld a decision issued by Attorney General Nabil Sadek against 26 people involved in local wheat procurement corruption, Youm7 reported.

The Chairman of EgyptAir Safwat Mosalam announced that weekly trips between Madrid and the southern city of Luxor are set to begin through Cairo International Airport during the current winter season.

The US dollar’s average exchange rate continued to fall against the Egyptian pound in Egypt's local lenders on Monday, registering EGP 15.5, according to the websites of three major banks.