Edita Food Industries, Egypt’s maker of Twinkies and one of the country’s largest food producers, said on Wednesday sugar seized at one of its plants by government authorities had been released and operations would resume within hours.

Egypt’s foreign debts rose by 16 percent by the end of 2015/2016 Fiscal Year to reach 2.619 trillion EGP ($ 55.8 billion) up from 2.116 trillion EGP by the end of 2015/2015 FY, the Central Bank of Egypt (CBE) said in a report published on Wednesday.

Egypt’s Ambassador to Tunisia Nabil Habashy said that the embassy managed to reach an agreement with the Tunisian authorities to release 12 Egyptian fishermen who were detained in Sfax port last week, Youm7 reported Wednesday.

The Egyptian Foreign Ministry Spokesman Ahmed Abu Zeid responded Wednesday to an article released by the Foreign Affairs magazine which heavily criticized Egypt’s domestic and foreign policy.

Egypt saw nine ranks up in the Doing Businesses index for 2017 compared to the last year's report to be placed 122nd out of 190 countries, the World Bank’s group said in its annual report released on Tuesday.

Belgian Jetairfly will resume flights to Egypt’s Sharm El-Sheikh starting on Sunday following a one-year suspension, Egypt’s tourism ministry announced on Wednesday.

Cairo International Airport’s new Terminal 2 is now compliant with all aviation security requirements, Russia’s transport minister, Maxim Sokolov, said in interview with Rossiya 24 TV Channel.

The National Council for Woman (NCW) has drafted a draft law to protect women against violence, Youm7 reported on Wednesday.

Egyptian Foreign Ministry has decided to close three consulates and an embassy abroad and to withdraw a total of 40 diplomats worldwide to cut its budget, said the Ministry Spokesperson Ahmed Abu Zeid in a statement Monday.

The Egyptian military’s economic activities are equivalent to just 1 to 1.5 percent of GDP and not more than 20 percent as some have claimed, President Abdel Fattah al-Sisi said on Tuesday in a televised speech.

International Cooperation Minister Sahar Nasr said on Tuesday that the ministry has attracted US$15 billion in funding in the past year for projects to improve Egypt's economy and help raise living standards, with most of the money allocated to basic infrastructure projects that will boost exports.

The Egyptian Stock Exchange (EGX) opened Wednesday session at a collective rise to its indexes, Youm7 reported.

The Egyptian Natural Gas Holding Company (EGAS) annoucned that Egypt’s production increased last year to 4,360 million cubic feet after new gas discoveries.

Sudan's irrigation minister Moataz Mousa arrived in Cairo late on Tuesday for talks on the mega dam Ethiopia is building on the Nile River, Egypt's state news agency MENA said.

The five-year-long agreement on the supply of petroleum products with Saudi Aramco is still valid and has not been canceled, said Tariq al-Molla, Minister of Petroleum, on Tuesday, but Egypt has alternatives available if Saudi oil supplies are interrupted.

The Ministry of Supply and Internal Trade is currently working to build up a six-month strategic reserve of basic commodities, Minister Mohamed Meselhy said in a press statement on Tuesday.

Egypt expects to cut its trade deficit by $11-$12 billion in 2016 as part of efforts to ease an acute dollar shortage and is encouraging domestic industries to fill the void as imports plummet, Trade and Industry Minister Tarek Kabil said.

An Israeli civilian was killed by gunfire along the border with Egypt on Tuesday, the Israeli military said.

Egypt's President Abdel-Fattah El-Sisi announced on Tuesday the formation of a committee to revise the cases of youth activists detained for non-violent charges in politically related cases

The Suez Canal Economic Zone Authority will start stipulating the use of foreign currency in its utility contracts with investors, the head of the authority Ahmed Darwish announced on Tuesday.