Egypt s Foreign Minister Sameh Shoukry will head on Monday to the Algerian capital of Algiers to participate in a meeting of the tripartite initiative of Arab states neighboring Libya, which includes Egypt, Tunisia, and Algeria, Egyptian foreign ministry spokesperson Ahmed Abu Zeid said in statement "The meeting comes in the framework of regular meetings of the tripartite initiative held continuously between the three states to discuss the latest developments in Libya and how to support the Libyan brothers on the political and security levels to achieve a national consensus and political solution to the crisis in the country," the statement said.

Egyptian President Abdel-Fattah El-Sisi said during the fifth edition of the National Youth Conference that anyone who wishes to participate in the country s political life must have a comprehensive understanding of Egypt s political and economic landscape. The first session of this edition of the youth conference, which kicked off in Cairo on Thursday, is titled The Youth s Vision for the Egyptian Political Scene. The session included a discussion among youth representatives on the prospects of the youth becoming more active in political life as well as the future of political parties in the country.

The Central Bank of Egypt will most likely keep interest rates unchanged during its upcoming Monetary Policy Committee (MPC) meeting on Thursday, a number of economists have said. Deposit and lending rates are currently at 16.75 and 17.75 percent respectively. Managing Director of Multiples Group Omar El-Shenety says that despite the easing of inflation, a wave of price increases is expected in fuel and electricity, in addition to the latest public transportation price increases.