The Egyptian government signed a deal with the World Bank on Tuesday for US$500 million in funding for an economic development program in Upper Egypt.

Egyptian Presidency will arrange a military funeral for Egyptian Noble Laureate Ahmed Zewail who passed away Tuesday at the age of 70 in U.S., Youm7 reported Zewail city for Science and Technology spokesperson Sherif Fouad Tuesday.

Egypt denounced the cremation of an Egyptian citizen's body in Germany following his death in a hospital in Essen after an alleged suicide attempt.

Prominent Egyptian TV presenter Amr Adib joined satellite TV channel ONTV as the host of a new talk show less than one month after he said he would be taking a break from the media.

Seven people, including four children, were killed in the collapse of a three-story building in Upper Egypt's Sohag governorate, state-owned MENA agency reported.

Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange or share issuances, Petroleum Minister Tarek El Molla told Reuters on Tuesday.

Egyptian Noble Laureate Ahmed Zewail passed away on Tuesday in the US at the age of 70, his media spokesman Sherif Fouad told Egyptian State TV.

Egypt's central bank on Monday suspended for one year the licenses of 10 foreign exchange bureaus in Cairo after finding them guilty of illegally trading foreign currency at black market rates, state news agency MENA said.

Egypt's central bank will keep the Egyptian pound stable at 8.78 to the dollar at its weekly foreign exchange auction on Tuesday, banking sources said.

Supply Minister Khaled Hanafy responded on Monday evening to criticism of his treatment of wheat fraud, saying that he is fully aware of the extent of corruption and is making every effort to eliminate it.

The Egyptian government will target state-owned firms in the banking, petroleum and electricity sectors for the first wave of its privatization program, selecting several companies for initial public offerings (IPOs) on the Egyptian stock exchange, according to Hala Fawzy, spokesperson for the Investment Ministry.

The Monday bombing of Islamic State targets in Libya, which was carried out by the U.S. air force, came in response to the U.N.-backed government’s request to help push the militants from their former stronghold at Libya’s Sirte, the foreign ministry said on Tuesday.

An EgyptAir flight from Cairo to Iraq was delayed for just under an hour on Tuesday after a collision with a catering vehicle.

Egypt’s Tourism Minister Yehia Rashed will launch the first phase of a multilingual website aims to promote the country’s tourism sector, which has been struggling since the 2011 uprising, Youm7 reported.

Egypt will host the 21st Euromoney Conference from 19 to 20 September with the participation of the country’s International Cooperation Minister Sahar Nasr and senior government officials.

Egypt said it is working to facilitate the extradition of Egyptian expatriate workers who have been detained -- among many of other nationalities -- by Saudi authorities for violating the country’s labour law.

Masked gunmen killed a police conscript in a drive-by shooting in Giza on Tuesday morning.

Prime Minister Sherif Ismail said on Sunday that the implementation of a National Anti-Corruption Strategy, launched in December 2014, has improved Egypt's ranking in the Transparency International report, moving the country up from 113th to 84th place out of 176 countries.

The 38th meeting of the Committee of Senior Arab Officials in Charge of Nuclear Weapons and Other Weapons of Mass Destruction issues kicked off at the headquarters of the General Secretariat of Arab League in Cairo Monday.

Egypt’s military chief of staff Mahmoud Hegazy headed to Riyadh Monday for a four-day official visit where he will attend the 7th round of meetings of the Egypt-Saudi joint military committee, military spokesperson Mohamed Samir said in a statement.