Egypt is targeting a budget deficit of around 11 percent for the fiscal year that began in July and aims to boost economic growth to 5-6 percent within three years, Finance Minister Hani Dimian told a conference on Tuesday.

More than 700 people fleeing Africa and the Middle East may have drowned in shipwrecks in the Mediterranean over the last week, bringing the death toll this year to almost 3,000, the International Organisation for Migration (IOM) said on Monday.

The Suez Canal corridor project planned by a consortium led by Dar Al-Handasah will cost $220 billion over fifteen years, said Ashraf Salman, Egypt's investment minister, at the Euromoney conference in Cairo on Tuesday.

A Cairo criminal court has ordered the release on bail of prominent activists Alaa Abdel-Fattah and two others who were appealing 15-year sentences for breaking a controversial protest law in November 2013.

Egypt's tourism industry, battered by three years of political upheaval, violence and street protests, could fully recover by the end of next year if regional turmoil does not spread to the Arab world's biggest country, the tourism minister said.

The Egyptian army's chief of staff, Lieutenant General Mahmoud Hegazi, met with a British military official on Monday for talks on regional concerns.

Investment certificates issued by Egyptian banks to fund the new branch of the Suez Canal will be sold out in 48 hours at the current rate of demand, Central Bank of Egypt governor Hisham Ramez told Al-Ahram's Arabic website on Sunday evening.

Former Arab League Secretary-General Amr Moussa said the Islamic State (IS) gives an “ugly face” for Islam that harms Muslims and Arabs all over the world and must be “firmly confronted.”

Egypt's Prime Minister Ibrahim Mehleb launched on Sunday a new 90-kilometre road to the Farafra Oasis in the southern New Valley governorate.

No police will be stationed inside Egypt's university campuses, said Prime Minister Ibrahim Mahlab on Friday, signaling a possible ease in curbs on student demonstrations ahead of the new academic year.

Defendants in the Shura Council trial, postponed until 15 September, announced in a Friday statement they would continue their hunger strike until their demands are met.

Egypt's postal service is currently offering the investment certificates being sold by national banks to fund the Suez Canal expansion project, Al-Ahram’s daily newspaper reported on Sunday.

President Abdel Fattah al-Sisi on Saturday received Argentinian Foreign Minister Héctor Timerman in Cairo. Timerman praised the Egyptian efforts on the Gaza ceasefire and said it was necessary to resume talks between Palestinians and Israelis to reach a final compromise.

Giza police arrested five people for allegedly sexually assaulting a woman in Saft al-Laban.

The son of Mahmoud el-Sayed, a senior judge at the Cairo Appeals Court, was murdered Wednesday afternoon after gunmen passing on a motorcycle opened fire on him in front of his house in Mansoura, the capital city of Dakahlia governorate, officials said.

A worker in the Suez Canal development project excavation died Tuesday onsite, Maj. Gen. Kamel el-Wazir, head of the military’s Engineering Authority, announced in press statements Wednesday.

An Egyptian prosecutor decided on Thursday to release nine members of the new "Dank" youth movement on a bail of 5,000 Egyptian pounds for each of them.

The European Union has ratified a grant of 70 million euros to fund an "emergency employment" programme in Egypt, EU ambassador to Egypt James Moran announced on Thursday.

Dozens of Egyptians have begun a hunger strike to demand the release of activist Alaa Abdel Fattah, a symbol of the 2011 uprising, and others they say are being unfairly detained in an effort to crush new-found freedoms.

North Qalyubia prosecution referred three police agents and an employee of Khanka hospital to Khanka Misdemeanor Court over charges of abusing the body of a victim at the hospital’s morgue.

The Omraniah Misdemeanor Court Wednesday sentenced Osama Othman—a man charged with the torture of children in an orphanage he owned and managed—to three years in prison and a 1,000 EGP ($140) fine, Youm7 reported.