Egypt signed a framework agreement with China Fortune Land Development (CFLD) to develop the second and third phase of construction in the new administrative capital east of Cairo with an investment of $20 billion, the cabinet stated on Monday.

The Egyptian government is planning to increase subsidies on household goods to prevent soaring prices resulting from an imminent currency devaluation, government sources told Al-Masry al-Youm on Monday.

A worker living in an apartment, composed of two rooms and hall in Daqahliya governorate, has been landed with a huge electricity bill from the East Mansoura Electricity Company amounting to LE51,500, which is the value of consumption of September.

The Central Bank of Egypt (CBE) has announced a US$3 billion increase in net foreign reserves in late September compared with late August, as the government continues to seek foreign sources of funding to prop up the economy.

Health Minister Ahmed Emad el Din on Tuesday will launch a national demographic Hepatitis C Virus (HCV) survey to be carried out on 10 million Egyptians, Youm7 reported.

A total of 16,000 people were killed and 60,000 others injured in road accidents in Egypt during the first 9 months of 2016, Samy Mokhtar, head of the Egyptian Association for the Care of Road Accident Victims and their families said on Monday.

President Abdel Fatah al Sisi will address the nation Oct. 9 on the occasion of the 150th anniversary of the establishment of Egypt’s parliamentary life, head of the parliament’s media committee Osama Hekal said in a press conference Monday.

Sudanese Foreign Minister Ibrahim al Ghandour arrived in Cairo on Tuesday early morning to take part in the Joint Higher Egyptian-Sudanese Committee meetings, which kicked off Sunday, Youm7 reported.

President Abdel Fatah al Sisi on Tuesday laid a wreath of flower on the Memorial of the Unknown Soldier in Cairo’s district of Madinet Nasr on the occasion of celebrations marking the 43rd anniversary of 6 October War victory.

Egypt's parliament will begin its second legislative session on Tuesday in Cairo after concluding a one-month summer recess.

Egypt has declined to respond to recent remarks by Turkey's President Recep Tayyip Erdogan where he said a normalisation of ties with Cairo at present would be "unethical."

The head of Egypt's Lawyers Syndicate Sameh Ashour filed on Sunday a case challenging the newly ratified Value Added Tax (VAT) law in Administrative Court, demanding its repeal.

Egypt resumed its exporting of fruits and vegetables to Russia on 1 October after Russia lifted an import ban on Egyptian produce, a Russian embassy official told state news agency MENA on Monday.

Egypt’s stock benchmark rocketed up in Monday session after disseminating media reports saying that decision makers of the Ventral Bank of Egypt (CBE) would do further devaluation of the Egyptian pound, Youm7 reported

China is the main financer of Egypt’s New Administrative Capital project, providing US$35 billion of the $45 billion cost, almost 77.7 percent, the US news website World Tribune reports.

Egypt will soon announce a tender for a new security system for Cairo Airport employees involving retinal scans, in an attempt to meet Russian conditions to resume flights to Egypt, Egyptian Aviation officials said on Sunday.

The Sharm el-Sheikh International Airport received 22 flights carrying more than 1,699 Egyptian and foreign tourists on Monday as part of promotional initiative to boost domestic tourism.

Egyptian security forces have foiled an illegal migration attempt by a total of 96 unregistered migrants along the western border crossing of Sallum before feeling into Libya, Youm7 reported on Monday.

Egyptian-American chemical physicist Mostafa A. El-Sayed was elected to be the president of the Zewail City of Science and Technology to be a successor to the late Nobel Prize laureate Ahmed Zewail, said the city spokesperson Sherif Fouad in a statement on Sunday.

The Egyptian Embassy in Washington retrieved five ancient Egyptian artifacts that were stolen and smuggled to the US in the wake of the security lapse caused by the 2011 uprising, the foreign ministry announced in a Sunday statement.

Egypt’s exports to Turkey increased by 9.3 percent during the first half of 2016 to reach 5.2 billion EGP ($0.58b) up from 4.7 billion EGP during the same period last year, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced in a Sunday report.