The Central Bank of Egypt (CBE) is heading towards raising the interest on the pound on Thursday, following an increase declared on 17 March, so as to accommodate for the inflation caused by the high exchange rate of the dollar against the pound.

Egypt netted just $500 million in tourism revenue in the first quarter of 2016, down from $1.5 billion a year earlier, a tourism ministry adviser told Reuters, highlighting the country’s struggle to kickstart a key dollar-earning industry.

Egypt's military said on Sunday that it is deploying forces to secure major public buildings on Monday, which has been set by activists as a date for protests over the recent Saudi island deal.

President Abdel Fattah al-Sisi, commander-in-chief of Egypt's armed forces, placed flowers at the memorial for military martyrs in Nasr City on Sunday, one day ahead of Sinai Liberation Day, on which opposition activists have threatened to hold mass anti-government protests.

East Cairo prosecution on Sunday ordered the four-day detention of 11 persons pending investigations over calls to organize “unlicensed” protests on Monday to oppose the government’s decision to acknowledge Saudi Arabian sovereignty over the Red Sea islands of Tiran and Sanafir, Youm7 reported.

Some 1,755 tourists of various nationalities are scheduled to arrive at the Sharm al Sheikh Airport Sunday aboard 14 international flights, the head of South Sinai’s task force Essam Khedr told Youm7.

Thirteen Egyptians were deported from Saudi Arabia Sunday for violating labor laws; three were arrested at Cairo Airport for after discovering they were at-large convicts, Youm7 reported.

The Egyptian president's office has denounced as "false news" and article published on the website of newspaper Al-Shorouk claiming that President Abdel Fattah al-Sisi met with senior security officials on Wednesday evening.

The Egyptian government comfortably won a confidence vote in the House of Representatives Wednesday after lawmakers voted in favor of its policy statement proposed last month, Youm7 reported.

A Cairo Court ruled in favour of Commercial International Bank (CIB)on Wednesday, pushing through the sale of shares of CI Capital to Beltone Financial after months of delays.

President Abdel Fattah Al-Sisi met with US secretary of state John Kerry and Foreign Minister Sameh Shoukry on Wednesday to discuss cooperation in light of the “tension and tumultuous” events in the Middle East.

Egypt’s currency is plunging to new lows on the black market, with traders selling it from between 11 and 11.15 Egyptian pounds to the dollar amid speculation it will be officially devalued further.

The Egyptian prosecution has added more NGOs and individuals as defendants in the ongoing court case known as the “illegal foreign funding case,” judicial sources told Ahram Online.

The Education Ministry announced on Wednesday that it will be shutting down three international schools, and warning 28 others against violations. Six international schools have also been placed temporarily under the ministry's financial and administrative control due to violations. The ministry's control will be lifted after violations are satisfactorily addressed.

Young Egyptian inventors arrived home to Cairo after winning seven golden, two silver and one bronze medal at the International Exhibition of Inventions Geneva, Youm7 reported Wednesday.

The Egyptian Foreign Ministry condemned UN secretary-general Ban Ki-moon’s statements on the foreign funding case filed against a number of NGOs in Egypt.

A man was arrested while distributing publications “inciting violence against the state” and calling for protests over the Saudi acquisition of two Red Sea islands, a security source told Youm7 Tuesday.

A group of Egyptian public figures, including government opponents, met with French President Francois Hollande in Cairo on Monday, and reportedly raised questions about whether French economic and military support for the country comes at the expense of a focus on the human rights situation.

Eleven new petroleum excavations in the western desert and Suez will be revealed by the end of April, according to Petroleum Minister Tareq al-Molla, hoped to entice foriegn investors with the prospect of advanced facilities and benefits.

The US Secretary of State John Kerry will visit Cairo next Wednesday to meet with President Abdel Fattah al-Sisi, the US State Department spokesperson John Kirby said Monday.

A 12-year-old Israeli girl has discovered an ancient Egyptian amulet dating back more than 3,200 years to the days of the Pharaohs.