Egypt's parliament on Tuesday set prison sentences of between three and 10 years in jail and fines of up to LE5 million (US$563,000) for traders selling foreign currency on the black market.

Egypt's Water Resources and Irrigation Ministry is on high alert ahead of the annual flooding of the River Nile, which this year promises to be unusually heavy, but says the additional water can be stored for use during "lean years".

Egypt's foreign minister Sameh Shoukry and his Cypriot counterpart Ioannis Kasoulides discussed in a meeting on Tuesday the launching of the Egypt-Greece-Cyprus Trilateral Summit to boost cooperation, which will take place in Cairo next October, Al-Ahram Arabic news website reported.

Egypt's Foreign Minister Sameh Shoukry met on Tuesday the vice president of the Libyan presidential council Ahmed Maetig in Cairo where they discussed the latest developments in Libya, the Egyptian foreign ministry said in a statement.

Egypt's President Abdel-Fattah El-Sisi appointed on Tuesday Hisham Badawy as the new head of the country's Central Auditing Agency.

The number of tourists coming to Egypt dropped by 50 percent in the first half of 2016 compared to the same period last year, the head of Egypt's Tourism Authority Samy Mahmoud said.

The UK Home Office's recent decision to grant politically active Egyptian Muslim Brotherhood members the right to seek asylum in the United Kingdom under certain conditions has drawn sharp criticism in Egypt's political circles.

A Cairo criminal court referred to investigation on Tuesday accusations made by leading Muslim Brotherhood member Mohamed El-Beltagy that he was tortured by leading interior ministry officials.

The Central Bank of Egypt (CBE) has kept on Tuesday the Egyptian pound stable against the US dollar at 8.78 in its weekly forex auction, state news agency MENA reported. The bank sold this week a total of $117.9 million of the $120 million it offers.

Major General Ali Abdel Mawla, deputy interior minister for legal affairs, has told a parliamentary human rights committee that claims of forced disappearance by security forces are unfounded, based largely on false allegations from the Muslim Brotherhood.

Turkish Airlines announced in a statement on Tuesday it plans to resume its flights to Sharm el-Sheikh starting September 10, 2016.

Palm Hills, Egypt's second-largest listed property developer, reported a second-quarter net profit of EGP 63.9 million ($7.20 million), sharply down from the 413.2 million pounds last year.

The Central Bank of Egypt (CBE) has kept on Tuesday the Egyptian pound stable against the US dollar at 8.78 in its weekly forex auction, state news agency MENA reported.

The Giza Criminal Court annulled on Monday a decision preventing former Prime Minister Ahmed Nazif, his wife and children from disposing their money and banning them from travel.

Italian Senator Lucio Barani of the Liberal Popular Alliance Bloc said on Sunday evening that the Egyptian government is not responsible for the death of Italian student Giulio Regeni, saying that his visit to Egypt aims to strengthen Egyptian-Italian economic relations.

The General Authority for Medical Insurance has signed a cooperation protocol with a coalition of civil associations to support cochlear implant operations for children.

More than 30 street dogs in Matariya district have been killed in a Monday crackdown by Cairo governorate to eliminate stray, violent animals, according to Youm7.

Ahmed Abu Zeid, spokesperson for Ministry of Foreign Affairs, strongly condemned the terrorist attack that took place Monday morning at a hospital in Quetta, Pakistan, and left at least 70 dead and several people wounded.

Unidentified gunmen shot a civilian dead in North Sinai late on Monday, Egypt's official news agency MENA reported, where the military is battling an Islamist insurgency.

Egypt parliament speaker Ali Abdel-Al told MPs Monday that an amendment aimed at granting President Abdel-Fattah El-Sisi the right to appoint a new Higher Press Council will be indefinitely postponed.

Egyptian foreign ministry spokesperson Ahmed Abu Zeid slammed on Monday an article titled “The ruining of Egypt” published in The Economist magazine, calling it “reductionist and biased.”