The Central Bank of Egypt (CBE) has allocated $1.8 billion to ensure six months of reserves in all strategic goods, Supply Minister Mohamed Ali El-Sheikh said on Wednesday, after widespread sugar shortages prompted talk of an impending food crisis.

Finance Minister Amr al Garhy announced on Wednesday plans to issue dollar-dominated bonds worth $2.5 billion to $3 billion to the international debt markets in the forthcoming period, Youm7 reported.

The Egyptian authorities on Wednesday opened the Rafah border crossing with Gaza Strip in both directions to permit the crossing of humanitarian cases, Youm7 reported.

Egypt’s Armed Forces foiled an attempt by 59 people of different nationalities to cross into neighboring Libya through the western gate of Salloum City, Youm7 reported.

An Egyptian parliamentary delegation, headed by speaker Ali Abdel Al will participate in the 135th Assembly of the Inter-Parliamentary Union (IPU,) scheduled to be held in Geneva, Switzerland Oct. 24-27.

“Take this. Slide it quickly in your bag before anyone sees us,” a shopkeeper at a popular gas mart in Cairo which sells cigarettes tells a shopper.

Joint military drills between Egypt's armed forces and their Russian counterparts near the coastal city of Alexandria will continue until 26 October, state news agency MENA reported.

Egypt will seek to end procurement of wheat to open air silos by next year's buying season, Supply Minister Mohamed Ali El-Sheikh said on Wednesday.

The Israeli newspaper Yedioth Ahronoth said on Tuesday that Israel is preparing for a series of projects on a large scale with Egypt, after several years of economic cooperation suspension, Aswat Masriya reports.

Egypt's exports to the Nile Basin countries in 2015 rose by 14.8 percent compared to 2014, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

Egypt ranks 108 of 185 countries for the number of road accidents each year, according to data published in an official government report on transport issues in Egypt.

Egyptian Minister of International Cooperation Sahar Nasr met with a representative from United Nations Population Fund (UNFPA) on Tuesday, discussing the ways of enhancing the cooperation, particularly to face over-population that Egypt witnesses.

A draft of a new investment law will be sent to the Egyptian cabinet next month, Investment Minister Dalia Khorshid said in a talk show on the local television channel CBC late on Tuesday.

The United States views the International Monetary Fund’s proposed $12 billion bailout for Egypt as “essential” and is working with G7 economic powers to ensure that it is fully funded with bilateral financing, a senior U.S. Treasury official said on Tuesday.

Egypt has be invited to participate in a ministerial meeting will be attended by twenty countries, to discuss the political future of Mosul of Iraq on Thursday, Spokesman of the Foreign Ministry Ahmed Abu Zeid told Youm7 on Tuesday.

President Abdel Fatah al-Sisi declared the emergency case and imposed a curfew in four area northern Sinai for three months, reported state’s official newspaper al-Waqaei al-Masryia on Tuesday.

The Egyptian government appears to have backtracked on down-payment price increases for flats at a social housing program in the Suez Canal city of Port Said following street protests on Tuesday.

The exchange rate of the Egyptian pound has to be put in a “package” of pro-growth economic reforms, social protection and better fiscal policy to reduce the balance of payment and budget deficits, said Mohamed El-Erian, the chief economic adviser at European financial and insurance services giant Allianz.

Egypt has succeeded in securing 60 percent of the $6 billion in financing required to receive a loan from the International Monetary Fund (IMF), Prime Minister Sherif Ismail said on Tuesday according to MENA.

Egypt's second-largest public lender Banque Misr's credit and debit cards are now limited to local use unless customers travelling abroad provide documentation such as travel tickets and travel visas in order to use the cards outside the country, CEO Mohamed Eletreby said on Monday.

The Suez Canal Authority has signed a partnership deal on Tuesday with a Saudi International Expertise Association Academy – to build an iron and steel factory in Egypt’s Ain Sokhna.