Feb 1 An inflow of $9 billion into Egyptian banks since the country's central bank floated its currency shows confidence in the economy is returning, but bankers and economists say investors need reassurance to attract higher volumes. The central bank raised interest rates by 3 percent and abandoned its currency peg of 8.8 pounds per dollar on Nov. 3, causing the pound to halve in value. It hoped to unlock foreign currency inflows and end a black market for dollars that had sucked away foreign currency from the banking system.

The inner circle of Egypt’s President Abdel Fattah al-Sisi has been hit by a fresh wave of leaked alleged audio recordings, casting doubt on the security of the president's confidants. The purported leaks, first broadcast by opposition news channel Mekameleen on Tuesday night, appear to contain significant revelations about the level of internal opposition to Sisi from within the upper echelons of his political circle.

Vodafone Group revealed a 2.4% growth rate in its revenues during the second quarter (Q2) of the fiscal year (FY) 2016/2017. Vodafone’s FY begins on 1 April. The company has attributed the overall growth of its revenues to the 7.1% growth of its Africa, Middle East, and Asia Pacific (AMAP) market revenues and 1% growth in European markets.

Friday 3 February Performances Cairo International Fair Grounds, Nasr City, Arts Tent 3:45pm-5:00pm Assouan Dance Troupe of Folk art 5:30-7:00pm Assiut Band for Arab music Cairo International Fair Grounds, Nasr City, open-air theatre 2:00pm-3:00pm Under Age band 3:00-5:00pm Matkhafsh men Bokra (Don’t be scared of tomorrow) play

A delegation from the International Monetary Fund (IMF) has arrived in Egypt to prepare for a review required before disbursing the second installment of a three-year US$12-billion loan, sources at the Finance Ministry told Reuters on Tuesday.

The Pharmacists Syndicate declared on Tuesday its final decision to resume its scheduled strike on 12 February against the recent decisions taken by the Ministry of Health to increase medicine prices, according to a statement made by the general secretary of the syndicate Ahmed Farouk in a televised interview.

A delegation of Russian security experts will arrive in Egypt in the next 48 hours for what is expected to be the final security check of Egyptian airports before the resumption of Russian flights to Egypt, Al-Ahram Arabic news website reported on Monday.

Egyptian MP and member of parliament’s planning and budget committee Talaat Khalil said that a committee will be formed to investigate accusations by MP Mohamed Anwar El-Sadat that parliament purchased three cars worth EGP 18 million in excess of the budget allotted for such purchases.

The South Cairo Prosecution Authority released on Sunday the member of parliament and film director Khaled Youssef after completing investigations into alleged possession of drugs while travelling, state media reported.

Egypt successfully issued $4 billion in Eurobonds on the global bond market, the largest issuance in Egypt and Africa, bridging the funding gap for this fiscal year, finance minister Amr El-Garhy announced on Sunday at a press conference.

President Abdel Fattah Al-Sisi on Saturday outlined the presidential decrees he took following the end of the second National Youth Conference held in Aswan under the auspices of the state.

Airlines operating at Cairo airport were officially requested on Sunday to prevent US immigration visa holders from seven Muslim-majority countries from boarding flights to the United States, EgyptAir official Hossam Hussein said.

Egypt's General Prosecutor Nabil Sadek agreed on Sunday to a request by the Italian prosecutor-general to send Italian and other experts from a specialized German company to retrieve CCTV footage, that could help in revealing the circumstances behind the murder of Italian student Gulio Reggini in Cairo last year.

The International Monetary Fund (IMF) expects Egypt’s headline inflation rate to “come down during the second quarter of this calendar year,” IMF’s Mission Chief in Egypt Chris Jarvis said on Wednesday.

Football enthusiasts expressed stun on social media, and called the government move “unfair” in support of ex-midfielder Mohamed Abu Treka, after he was put on an official terror list.

Tarek El-Khouly, member of the Detained Youth Committee for presidential pardons and member of parliament, said Thursday that the committee submitted three lists of pardon to the presidency, amid a report in preparation for a second group of detainees to be granted pardons.

Egypt’s President Abdel Fattah El-Sisi said a government reshuffle will take place “very soon” and that he expects greater cooperation with the administration of US president-elect Donald Trump. The president made his remarks during his interview with the editor-in-chiefs of the country’s state-owned papers.

A visit to the US by a delegation of Egyptian government officials and civil society members set for 21 January has been postponed as a number of top US officials will not be available to meet over the week of inauguration of Presient-elect Trump.

The Central Bank of Egypt (CBE) decided to pump EGP 2.5bn into United Bank, bringing the bank’s capital up to EGP 3.5bn. The CBE owns 99.9% of the bank’s shares. According to Ashraf Elkady, chairperson of the United Bank, the CBE’s injection of new capital will give a strong boost to the bank and its team to develop its business, strengthen the capital base, and raise the capital adequacy.

Egyptian parliament speaker Abdel-Aal said in his first-ever TV interview on Monday that it is parliament that will have the final say on the Red Sea island agreement with Saudi Arabia, despite the recent court ruling voiding the deal.

The Egyptian Pharmacists Syndicate said Monday that the presidency had invited its officials to a meeting with President Abdel Fattah al-Sisi next week, to attempt to solve the Syndicate's crisis with the Ministry of Health and pharmaceutical companies over the pharmacists' profit margin.