Since the Egyptian government has decided to float the value of the pound against the U.S. dollar on Nov. 3, Banque Misr has received a total of $100 million from the Egyptian expatriates’ remittances, Bank chairperson Mohamed El-Etribi told Youm7 Thursday.

Ministry of Finance announced that a total of 8.4 million EGP has recently been minted in the form of coins in the value of one pound 25 piasters; and they have been delivered to the Central Bank of Egypt to be offered in the local markets nationwide, Youm7 reported.

For the second time in a raw, Egyptian Stock Exchange Head Mohamed Omran was elected to occupy the position of the chairperson of the Federation of Euro-Asian Stock Exchanges (FEAS) on Thursday, Youm7 reported.

Egyptian authorities are happy with financial market movements since they floated the pound, and inflows of foreign exchange into the banking system are surging, deputy finance minister Ahmed Kouchouk was quoted by Reuters on Wednesday.

Egyptian banks have provided more than $2.2 billion to clients since the pound was floated, Reuters reported, citing Egypt’s cabinet information centre statement on Wednesday.

The World Bank will provide the second $1 billion tranche of its $3 billion budget support to Egypt by early January, the bank’s vice president Hafez Ghanem said on Tuesday.

President Abdel Fatah al Sisi met with visiting Kenyan Vice President William Ruto and his accompanying delegation on Wednesday to discuss ways to boost bilateral cooperation.

An Egyptian court sentenced to life in prison on Wednesday a policeman for fatally shooting a vendor in an argument over the price of a cup of tea earlier this year.

Cairo ready to host and sponsor a national dialogue between different Palestinian political forces, Egypt’s general intelligence chief told a Palestinian Islamic Jihad delegation on Wednesday during a Cairo meeting.

Egyptian foreign minister Sameh Shoukry expressed Cairo's appreciation of Washington's support for his country's economic reform program, the foreign ministry said in a statement on Thursday.

Egyptian foreign minister Sameh Shoukry expressed Cairo's appreciation of Washington's support for his country's economic reform program, the foreign ministry said in a statement on Thursday.

Egypt's unemployment rate slightly increased to 12.6 percent in the third quarter of 2016 from 12.5 percent in the previous quarter, official statistics agency CAPMAS announced in a statement on Wednesday.

Egypt's unemployment rate slightly increased to 12.6 percent in the third quarter of 2016 from 12.5 percent in the previous quarter, official statistics agency CAPMAS announced in a statement on Wednesday.

Egypt's parliament approved a new NGO law Tuesday to regulate the work of civil society organisations, despite criticism from rights groups condemning some of its articles.

Egypt’s Armed Forces have distributed one million food boxes to citizens in Upper Egypt and Sinai, the military spokesman said on Wednesday.

Egyptian authorities continued opening of the border crossing of Rafah with Palestine in the third day in a raw o Wednesday, Youm7 reported.

A Cairo criminal Court ruled to lift 2012 Presidential Candidate Ahmed Shafiq’s name from travel watch list on Wednesday.

President Abdel Fatah al-Sisi invited the newly elected Lebanese President Michel Aoun to visit Egypt, Youm7 reported on Wednesday.

President Abdel Fatah al-Sisi will sign a decree to pardon a group of imprisoned youth on Wednesday, Youm7 reported officials at the Presidency Office.

A delegation of the International Civil Aviation Organization “ICAO” is scheduled to arrive in Cairo Friday to carry out a periodical inspection of passengers’, arrival and departure halls at Cairo Airport.