Egypt foreign reserves lost value at an accelerated rate last month, even as a cash injection from abroad raised the fund’s net worth for the first time since October.

Tuesday's partial cabinet reshuffle included the replacement of four economic ministers, three of whom are involved in Egypt's ongoing talks with the International Monetary Fund for a proposed $4.8 billion loan.

On Tuesday morning, nine new government ministers were sworn into office in front of President Mohamed Morsi in the second such cabinet reshuffle since Morsi's assumption of the presidency in June of last year.

President Mohamed Morsi is expected to arrive in Brazil on Tuesday on what some suggest is the most important of his overseas missions since he took office about a year ago.

Activist Hassan Mostafa was referred to an Egyptian criminal court on charges of encouraging activists to block Egypt's railway and help suspects evade arrest by police, the Cairo-based Egyptian Centre for Economic and Social Rights stated on Tuesday.

Egyptian stocks performed well in the week's first trade session, bolstered by the resolution of a tax dispute between Orascom Construction Industries (OCI) – Egypt's largest listed firm in terms of capital – and the government.

Gunmen shot a man dead who was selling alcohol in Egypt's Sinai Peninsula on Sunday in an attack security officials said was likely carried out by Islamist militants.

Five people were arrested after firing birdshot at Prime Minister Hesham Qandil’s motorcade of vehicles on Sunday night.

Public Funds Prosecution ordered Sunday the detention for 15 days of Anas El-Feky, Egypt's former information minister, pending further investigation in fresh graft accusations.

British police arrest a UK-based businessman on suspicion of looting Egyptian antiquities. The Scotland Yard's Art & Antiquities Squad (AAS) made the arrest on Friday, 3 May when international arts auction house, Christie's, reported that it had identified some antiquities which are almost certainly stolen from Egypt recently.

Gunmen shot a man dead who was selling alcohol in Egypt's Sinai Peninsula on Sunday in an attack security officials said was likely carried out by Islamist militants.

Islamist-ruled Egypt is open to visitors who drink alcohol and wear bikinis as it sets out to boost numbers by at least a fifth this year, the tourism minister said on Sunday.

The Egyptian cabinet will be reshuffled by the end of the week, a state-run newspaper reported, pointing to a delay in efforts to revamp a government widely criticized for failing to get the economy moving and to conclude a much-needed IMF loan deal.

Egyptian President Mohamed Morsi has officially withdrawn all lawsuits filed by the presidency against the media, state-run news agency MENA reported Saturday.

Egypt's president has condemned Israel's airstrikes against Syria, calling them a violation of international law and warning they complicate the ongoing civil war in that country.

The Egyptian government has not received any official notification saying that Australia has suspended livestock exports to Egypt after a graphic video circulated purportedly showing animal cruelty in Egyptian abattoirs, prompting Canberra to launch an investigation, the Egyptian Ministry of Agriculture reported Saturday.

A limited cabinet reshuffle will see six ministers replaced in Egypt, state newspaper al-Ahram said on Thursday, citing government sources.

Egyptian Prime Minister Hisham Qandil met with Al-Azhar University students on Wednesday to discuss a second mass food poisoning incident on campus.

A joint venture agreement between EFG-Hermes, the leading Middle East investment bank, and QInvest of Qatar has collapsed because the regulator in Egypt did not give its approval in time.

A US embassy car has crashed in the 6th of October district of Cairo, leaving one employee dead and three injured, including a military attache who was driving the vehicle.

Journalist and political activist Ahmed Doma is being held in Damanhur prison after the appeals prosecution in Tanta ordered him detained for four days, his lawyer said.