The 2012/13 financial year began in Egypt on Sunday with the country still lacking a new state budget. Annual state spending plans typically take effect on 1 July, but the status of this year's budget, currently in the hands of the Supreme Council of the Armed Forces (SCAF), remains unclear.

The Public Funds Prosecution has begun hearing testimony over accusations that former President Hosni Mubarak seized financial aid sent from some Gulf countries to Egypt following a devastating earthquake in 1992.

A statement released by the Supreme Council of Culture on Sunday declares its respect for the democratic transition in Egypt, while demanding that newly elected President Mohamed Morsi to respect the country's institutions, especially cultural ones.

Members of the Revolution Youth Coalition announced that they would hold a news conference at El Sawy Culture Wheel on Tuesday to announce its dissolution. The coalition was the first political youth entity launched during the revolution. It began with a limited number of movements, which then expanded following the revolution to include youth with various political ideologies.

CAIRO — Mohamed Morsi of the Muslim Brotherhood was formally sworn in on Saturday as the first democratically elected president of Egypt, signaling a new stage in an ever murkier struggle to define the future of the nation after six decades of military-backed autocracy.

Revolutionary youth coalitions and political parties have announced their participation in a demonstration in Tahrir Square on Friday to demand the ouster of the military from Egypt's political life.

President-elect Mohamed Morsi will have full presidential powers when he takes office, Mohamed El-Assar, a member of Egypt's ruling military council (SCAF), said Wednesday.

In a statement issued on Wednesday evening to President-elect Mohamed Morsy, detainees arrested during the Abbasseya violence called on Egypt's new leader to issue general amnesty for all military detainees and prisoners who had been arrested since the 25 January revolution.

Egyptian comedian and actor Adel Imam does not fear for freedom of expression under Islamist President-elect Mohamed Morsi, he told CNN Arabic Thursday.

Judge Osama al-Saidi has begun investigating complaints submitted by former MP Essam Sultan accusing Ahmed Shafiq of squandering public funds.

US Secretary of State Hillary Clinton will be the first foreign official to visit Egypt's President-elect Mohamed Morsi, sources at Cairo International Airport told the Al-Ahram Arabic language news website Wednesday.

Relatives of Ahly Club supporters who were killed in the Port Said football stadium last February blocked the road outside the Police Academy in Cairo on Wednesday. They were protesting the Port Said Criminal Court’s decision that they cannot attend the trial of the 75 defendants in the case.

The liberal Free Egyptians Party has announced it will launch a series of talks with other parties on holding a conference on national reconciliation. Cultural, social, economic and political figures would be invited.

Prominent Egyptian reform campaigner Mohamed ElBaradei has not been offered the premiership – or any government post – by President-elect Mohamed Morsi or the ruling Supreme Council of the Armed Forces (SCAF), Shukry Fouad, co-founder of ElBaradei's as-yet-unlicensed Constitution Party, said on Wednesday.

Supporters of former Vice President Omar Suleiman have warned the ruling military council on Wednesday that they “will not tolerate handing Egypt over to terrorists and traitors.”

The Administrative Court on Tuesday postponed a lawsuit challenging the formation of the Constituent Assembly tasked with drafting the country's new constitution until 1 September, to hear the government's account.

Security sources expected Interior Minister Mohamed Ibrahim to remain in his position after President-elect Mohamed Morsy met on Tuesday with the ministry’s senior officials at the Police Academy.

The electoral campaign of vanquished presidential candidate Ahmed Shafiq announced Tuesday that the last Mubarak-era premier planned to establish a new Egyptian political party as soon as he returned from making the Umrah pilgrimage in Saudi Arabia.

Farid Ismail, a member of the Freedom and Justice Party's executive office, stated on Tuesday that president-elect Mohamed Morsi will have the authority to appoint the cabinet and its ministers, with no interference from the military council.

The former head of Egypt's feared State Security Investigations will stand trial for destroying records, state media reported Tuesday, after a previous acquittal on charges of killing protesters.

The cabinet of Prime Minister Kamal al-Ganzouri is meeting Monday to submit its resignation to President-elect Mohamed Morsy, who would in his turn request it to continue until a new government is formed.