Egypt and Italy have approved a project to swap $45 million of debt to establish silos and logistic locations to store grains, fruits and vegetables.

EFG-Hermes HRHO.CA said on Saturday an independent adviser had set its fair share price at 22.93 Egyptian pounds ($3.21), 30 percent higher than the price offered by Beltone and New Egypt Investment Fund for a stake in the investment bank.

Cairo Criminal Court postponed on Sunday five separate sexual harassment and assault cases until 1, 2 and 6 July.

Egypt's government is planning to raise the prices of electricity and all state-subsidised fuels with the start of the 2014-2015 fiscal year next month, according to statements made by Planning Minister Ashraf El-Araby, as reported by Reuters.

An Egyptian court will resume on Sunday the trial of 12 people accused of sexually assaulting women in Tahrir Square during the celebrations of Abdel Fattah al-Sisi's inauguration earlier this month.

Egypt's national security prosecution has referred one Egyptian and two Israelis to criminal court on charges of spying for Israel, Al-Ahram's Arabic website reported.

Egypt's President Abdel Fattah al-Sisi approved a revised budget for the 2014/15 fiscal year with a deficit of 10 percent of gross domestic product (GDP), the Finance Ministry said in a statement on Sunday.

Hunger striking activist and fixer Mohamed Soltan refused to receive visits on 28 June in protest the Torah Prison administration’s refusal to move him to the intensive care of an outside hospital as ordered by the court on 23 June, according to his family.

Egyptian President Abdel Fattah al-Sisi arrived in Malabo on Wednesday night to attend an African summit and discuss water issues, in his first foreign tour since he assumed the presidency earlier this month.

Egypt defended its judicial system at the United Nations on Wednesday amid a global outcry over the jailing of al Jazeera journalists, telling diplomats and reporters that it respects the role of the media and does not consider journalism a crime.

Egypt will put on hold the Daylight Saving Time (DST), shifting the clock backwards by an hour, starting Thursday midnight, during the holy month of Ramadan that is observed by the country's Muslim majority.

Egyptian Prime Minister Ibrahim Mahlab will donate half his monthly salary and a part of his wealth to a new initiative launched by President Abdel-Fattah El-Sisi to assist Egypt through its economic crisis, cabinet spokesperson Hossam Kaweesh announced late Wednesday.

Students and some faculty members in public Egyptian universities have expressed their disappointment and frustration with a presidential decree mandating that university heads and deans are to be directly appointed by the president.

A housing development company owned by Egypt and Saudi Arabia said on Wednesday it was increasing its capital by $245 million, a four-fold rise, to build houses in Egypt, in a further sign of support for the country from its key Gulf ally, Reuters reported.

Five makeshift bombs exploded at four Cairo metro stations on Wednesday morning, wounding at least five people, while another detonated near a courthouse in the capital, officials said.

Super-high capacity pumps have been commissioned at a new sewage treatment plant in Alexandria, Egypt’s second city, which will help bring the city’s sanitation up to global state-of-the-art standards.

US congressional leaders are considering withholding more than $1 billion in military support to Cairo after Egyptian courts delivered mass death sentences to opposition figures and lengthy jail terms for journalists.

Egyptian President Abdel-Fattah al-Sisi called for coordinated efforts to fight "terrorism" during a visit to Algiers Wednesday, his first trip abroad since his election in May.

Four subway stations in the center and the northern part of Egypt's capital Cairo were under attack by a homemade bomb this morning.

International outrage at Egypt’s crackdown on dissent has grown on Monday. High level United Nations officials have condemned the sentencing in Egypt of three Al Jazeera journalists to lengthy prison sentences and the death sentences handed down to 183 Muslim Brotherhood members and supporters.

President Abdel Fattah Al-Sisi announced Tuesday that the draft budget for fiscal year (FY) 2014/2015 would push the national debt to over EGP 2tn and is still in need of adjustments.