US Secretary of State John Kerry has commended Egypt for undertaking economic reforms last week, calling them "important steps" to stabilize an economy hit by years of political turmoil.

The Saudi national oil company Aramco has informed Egypt that it has suspended its oil shipments until further notice, Egyptian Petroleum Minister Tarek El-Molla said on Monday.

Egypt's finance ministry has raised interest rates on Suez Canal investment certificates to 15.5 percent, minister Amr El-Garhy announced on Sunday.

The high committee of Egypt’s Constitution Party failed to reach a quorum for a meeting last Friday after several failed attempts over the past year to set a date for the party’s presidential elections.

A day after the Egyptian government slashed fuel subsidies on Thursday, raising prices by 30-47 percent, several governorates increased fares for vital privately-owned transportation means, setting the stage for new financial burdens on ordinary people.

As Egyptian banks started on Sunday to freely set the rates of foreign currencies since the central bank floated the Egyptian pound at the end of last week, the black market has unexpectedly resumed its activities after a three-day hiatus to challenge the US dollar’s rate set by local lenders.

Rafah border was opened exceptionally on Sunday for a Palestinian businessmen delegation to cross into the Egyptian side to attend a conference held in Ain Sokhna.

Parliamentary committee for human rights affairs is considering 300 complaints demanding pardon to jailed youth, Youm7 reported.

A new strategy is being set by the Ministry of Justice aiming to protect judges from terrorist attacks, after a recent hit Cairo few days ago, an anonymous judicial source told Youm7.

The 25-30 bloc, a small left-leaning coalition in Egypt's parliament, have called for a meeting with other MPs on Sunday to demand the rescinding of what it described as "disastrous" economic measures taken by the government on Thursday as well as the sacking of the cabinet.

Egyptian policemen are on high alert around the clock to “foil plots sown against the state,” Assistant Interior Minister for Media and Public Tarek Attia was quoted by Youm7 Saturday.

The Egyptian parliament's majority bloc Support Egypt announced in a statement Saturday that it fully supports the government's new IMF-inspired economic reforms; primarily floating the pound and increasing fuel prices.

Egypt's military raided three major “armed terrorist hotspots” in North Sinai, killing 11 militants, the army’s spokesman announced in an official statement on Saturday.

The World Bank welcomed Friday Egyptian economic reforms, saying they would create jobs and promote social inclusion, one day after the country floated its currency, raised the prices of energy products, and increased food subsidies.

An Egyptian army brigadier general was shot dead Friday afternoon in El-Arish in North Sinai, a military spokesman said.

Egypt was elected for a five-year term in the 34-member International Law Commission of the UN General Assembly on Friday, the foreign ministry said in a statement.

Egyptian police arrested a number of people who confessed to “plotting terrorist attacks against security forces and government figures,” most notably the assassination of top prosecutor Hisham Barakat in June 2015, the interior ministry announced on Friday.

Egypt’s economic growth rate registered 4.3 percent of the Gross Domestic Product (GDP) in the fiscal year 2015/16, down from 4.4 percent in the fiscal year before, the planning ministry said in an emailed statement to Ahram Online on Friday.

Egypt's Prime Minister Sherif Ismail said on Friday that the price of metro tickets is too low to continue normal operations.

EgyptAir will review the prices of its tickets next week in light of a decision by the Central Bank of Egypt to float the Egyptian pound on Thursday, Chairman of EgyptAir Holding Company Safwat Musallam said.

The USD exchange rate has reached 14.75 EGP for purchase against the Egyptian Pound, after it has been stable over the past weeks at 8.88 EGP.