Egypt's Orascom Telecom Media and Technology Holding said on Thursday its first quarter net profit had fallen to 48.73 million Egyptian pounds ($5.49 million) from 373.85 million in the same period of last year.

The economic sub-committee at the parliament is set to meet with the economic group ministers; finance, planning and investment ministers to discuss developments of the IMF loan.

Tariq Amer, the governor of Central Bank of Egypt, announced that negotiations with IMF mission were successful and that Egypt agreed with the fund on a 3-year loan programme worth $12 million, according to CBC TV channel.

The Egyptian government, the Central Bank of Egypt (CBE) and the IMF have reached a staff-level agreement on a three-year Extended Fund Facility (EFF) in the amount of SDR 8.5966 billion (422 percent of quota or about US$12 billion), a statement by Chris Jarvis, IMF mission chief for Egypt said on Thursday.

Ministry of Education will discuss Thursday a UNESCO report on developing science and mathematics curricula in accordance with international standards, a source at the ministry told Youm7.

Cairo International airport cleared its runways on Wednesday and stood by for the emergency landing of Turkish Airlines plane, in an urgent reaction to an asthma attack on board.

The Egyptian Company for Metro Management & Operation (Cairo Metro) has renewed its warning of fines for those violating regulations on its property, pointing to recent increases in penalties aimed at cracking down on wayward behaviour.

Egypt's government approved a draft bill that would settle tax disputes, the cabinet said in a statement on Wednesday, a move aimed at restoring confidence with investors amidst ongoing talks with the International Monetary Fund.

Producers and manufacturers have slammed the recent increase in electricity prices, warning of a "migration of factories" to countries offering cheaper power prices like Saudi Arabia and Jordan.

New police law amendments that were passed on Tuesday by Egypt’s House of Representatives ban police officers from speaking to the media except after receiving permission, and also ban officers from forming independent unions and joining political parties.

As Poland lifted a travel ban imposed last year on Egypt's Sharm El-Sheikh, a plane carrying 183 passengers from the Eastern Europe country landed Wednesday morning in the South Sinai resort for the first time since an October 2015 deadly crash of a Russian airliner over the peninsula triggered bans on travel to Sharm.

Egypt’s annual headline inflation remained unchanged in July 2016 from the month before, registering 14.8 percent, up from 8.3 percent in the same month last year, state statistics body CAPMAS said in an emailed statement Wednesday.

Egypt considers the recently-issued UK Home Office guidance allowing members of the Muslim Brotherhood to apply for asylum in Britain as "not positive" for the mutual relations between both countries, foreign minister Sameh Shoukry said at a press conference in Cairo.

President Abdel-Fattah El-Sisi stressed on Wednesday Egypt's full support for efforts to restore peace and stability in South Sudan during a meeting with Festus Mogae, the Chairperson of the Joint Monitoring and Evaluation Commission (JMEC) for South Sudan, in Cairo.

Journalists Amr Badr and Mahmoud al-Sakka have been remanded into custody for the fifth time over charges of publishing false news, inciting protests, and attempting to bring down the administration of President Abdel Fattah al-Sisi.

Egypt’s press syndicate officials say they are about to set to redraft the union’s “outdated” legislation to set up new membership regulations and provide protections for the country’s journalists.

A one-year-old child has been found under a bed in Mahalla General Hospital, Gharbiya governorate, with a note written by her poverty-stricken father, asking somebody to take care of her.

Egypt’s House of Representatives on Tuesday has endorsed a draft law to extend the participation of the military in securing and protecting public and vital facilities from two to five years, Youm7 reported.

A lawsuit was filed to Egypt’s Attorney General Nabil Sadek against Education Minister accusing him of “rigging” the Egyptian history after all references to the era of Egypt’s former President Hosni Mubarak were reportedly removed from history textbooks, Youm7 reported Tuesday.

Egypt's parliament on Tuesday set prison sentences of between three and 10 years in jail and fines of up to LE5 million (US$563,000) for traders selling foreign currency on the black market.

Egypt's Water Resources and Irrigation Ministry is on high alert ahead of the annual flooding of the River Nile, which this year promises to be unusually heavy, but says the additional water can be stored for use during "lean years".