Egypt expects to cut its trade deficit by $11-$12 billion in 2016 as part of efforts to ease an acute dollar shortage and is encouraging domestic industries to fill the void as imports plummet, Trade and Industry Minister Tarek Kabil said.

An Israeli civilian was killed by gunfire along the border with Egypt on Tuesday, the Israeli military said.

Egypt's President Abdel-Fattah El-Sisi announced on Tuesday the formation of a committee to revise the cases of youth activists detained for non-violent charges in politically related cases

The Suez Canal Economic Zone Authority will start stipulating the use of foreign currency in its utility contracts with investors, the head of the authority Ahmed Darwish announced on Tuesday.

EgyptAir has increased its prices for tickets purchased from Egypt for flights taking off from abroad by 10-20 percent, a source at the airline told Ahram Arabic news website.

Egypt will announce the petroleum companies to float in the bourse in November, with a global road show planned to lure investors, the country's oil minister said in a Tuesday press conference.

Egyptian Oil Minister Tarek El Molla said on Tuesday there was no confirmation yet on whether Saudi petroleum supplies to Egypt would resume in November after being suspended this month.

The case appealing a decision to remove former top auditor Hisham Geneina from his position was postponed on Tuesday due to a change of judges.

Egypt's revenues from the Suez Canal rose in August by 4.3 percent to register $447.6 million compared to the previous month, according to the state’s information website.

The role of Egypt’s military in the economy is likely to decrease in two to three years, Prime Minister Sherif Ismail said in a television interview with CBC.

UN special envoy to Libya Martin Kobler arrived in Cairo on Monday to take part in a trilateral meeting on means of reaching a political settlement in Libya, Youm7 reported.

Egypt’s Red Sea resort of Sharm al Sheikh will host the African Union (AU) annual forum of the high-level Retreat of Special Envoys and Mediators on the Promotion of Peace Security and Stability in Africa, scheduled for Oct. 26-27, Youm7 reported.

The Egyptian Armed Forces have killed eight “Takfiri elements” in North Sinai during the past 24 hours, security sources told Youm7 Tuesday.

Egypt will hold a series of meetings with investors in the second week of November to promote its dollar-denominated Eurobonds of at least $3 billion, the country's finance minister Amr El-Garhy said in a Cairo conference on Monday.

Egypt expects to seal a final deal to receive a $12 billion International Monetary Fund loan package within two months, Prime Minister Sherif Ismail said in a TV interview on Monday.

An appeal against a new Value Added Tax (VAT), which was introduced in a recent law, has been postponed to November 6.

Japan has signed a deal to provide US$460 million in funding for the construction of Egypt's Grand Museum.

Egypt’s First National Youth Conference will kick off on Tuesday for three days in Sharm El-Sheikh, supervised by the presidency and attended by several political parties and groups.

Egypt's President Abdel-Fattah El-Sisi met in Cairo on Monday with a delegation of US businessmen headed by US Ambassador David Thorne, the Senior Advisor to the Secretary of State for economic issues, to discuss strategic and economic cooperation between the United States and Egypt, the Egyptian Presidency announced.

Ismailiya prosecution ordered on Monday the detention of El-Mostakbal Prison's warden and chief inspector for four days pending investigations into the escape of inmates from the prison last week, Ahram Arabic website reported.

Egyptian authorities raided and confiscated the sugar supply of the Edita Company on Thursday and Saturday, causing production to halt amid a market-shortage and rapid price hikes, the company's chairman said on Sunday.