Price of gold in Egypt fell by 0.3 EGP ($0.033) per gram Tuesday in the wake of the Central Bank of Egypt’s (CBE) recent decision to devaluate the pound from 7.83 to 8.95 against the U.S. dollar, Rafik Abbasy, said chairman of the gold division at the Federation of Chambers of Commerce.

The recent decision to exempt Justice Minister Ahmed al-Zend from office sparked debate on whether the move was constitutional or if it bypassed parliament's functions stipulated in the constitution.

Prime Minister Sherif Ismail has appointed Legal and Parliamentary Affairs Minister Magdy al-Agaty has acting justice minister until a new minister is sworn-in to replace Ahmed al-Zend, who was dismissed on Sunday.

Egypt's Central Bank (CBE) sold $198.1 million to local banks in a $200 million exceptional auction earlier Monday at a "more flexible exchange rate" of EGP 8.85 per dollar against 7.73 in previous auctions, the bank stated on its website.

Ahmed al-Zend has was sacked from his post as justice minister late on Sunday, to be replaced by his assistant Reda Shawkat, after Zend made remarks on television deemed offensive to Islam’s Prophet Mohamed.

State-owned banks National Bank of Egypt and Banque Misr will offer Egyptian pound investment certificates with a 15 percent yield in return for foreign currency, the head of National Bank of Egypt told Reuters on Monday.

An elderly Alexandrian woman died Monday after part of an atrium wall collapsed due to strong winds while the 85-year old was inside, Youm7 reported.

The National Council for Women (NCW) has announced a new training program to raise women's skills in the field of social entrepreneurship and small-sized enterprises.

Egypt's three largest state-owned banks will offer Euro-denominated certificates to Egyptian expats starting at a minimum of €100 and its multiples, state news agency MENA reported on Sunday, citing the national bank of Egypt (NBE).

"Your exellency: you are not working," television presenter Azza al-Henawy said, looking into the camera but addressing the Egyptian president. "Not one single issue has been solved since you took over."

Some 1,592 tourists of different nationalities are scheduled to arrive at Sharm al Sheikh Airport Sunday aboard 11 international flights, head of South Sinai Task Force Essam Khedr told Youm7.

Italy's top prosecutor Giuseppe Pignatone is set to arrive in Cairo Monday to follow up on investigations related to slain Italian student Guilio Regeni, said Egypt's ambassador to Italy.

Minister of Justice Ahmed Al-Zind has faced severe backlash following his statement on Friday, when he said: “I will imprison anyone who does wrong, even Prophet Mohamed (PBUH) himself.”

Egypt dismissed as inaccurate reports that it is seeking a loan from the International Monetary Fund (IMF), a Central Bank official told Ahram Online on Wednesday.

A prominent opponent of President Abdel Fattah al-Sisi said Egypt's fragmented pro-democracy opposition parties had "failed" the country and he vowed to forge a new movement able to provide a genuine alternative to the current government.

Members of the European Parliament has called on Egypt to assist Italian investigators looking into the murder of Italian student Giulio Regini, whose tortured body was found in early February on the side of a road in Cairo. The parliament also noted “with grave concern that the case of Giulio Regeni is not an isolated incident,” and pointed to increased cases of enforced disappearance in Egypt, in a draft resolution considered by the body.

Egyptian rights groups sent a letter to the UN High Commissioner for Human Rights Zeid Ra'ad detailing the "ongoing deterioration" of human rights in Egypt shortly before his scheduled address to the UN Human Rights Council (HRC) in Geneva on Thursday.

Parliament’s most volatile father-son duo could soon become the next faces to replaces in the parliament, just two months after it was convened.

Egypt's Central Bank (CBE) lifted the monthly caps on foreign currency deposits and withdrawals by corporations, it said in a press release on Wednesday.

Workers at the resort city of Sharm el-Sheikh are saying that the city has turned into a "ghost town", after the crash of a Russian passenger plane in October that killed 224 tourists and prompted many countries to halt flights heading there.

Driving in the front passenger seat of a taxi to avoid suspicion from local police is a measure usually taken by those engaged in an illegal activity, not patrons of a car service that is set to upset the taxi system of a city of 20 million residents.