A senior government official has revealed an International Monatery Fund (IMF) suggestion to fully float the Egyptian pound against the US dollar, during ongoing negotiations for a US$12 billion loan to be paid to Egypt over 3 years.

Russia expects that Egypt will be able to fulfill all necessary air security requirements by the end of October, Russian Transport Minister Maxim Sokolov said Monday.

Egypt’s finance minister said in a television interview on Sunday that Egypt’s external debt would reach $53.4 billion if his country receives an International Monetary Fund (IMF) loan.

Egyptian Ministry of Foreign Affairs denied media reports claiming that Egypt has asked Israel’s mediation in talks between Cairo and Addis Ababa on the Ethiopian controversial Renaissance Dam, state-owned news agency MENA reported ministry spokesperson Ahmed Abu Zeid said in a statement Monday.

An Egyptian court sentenced two journalists from Al-Ahram online news portal, on Sunday, to prison and a fine respectively for publishing false new about former Justice Minister Ahmed al-Zend.

On Sunday, New Cairo Misdemeanor Court of Appeals set September 8 as the date to review an appeal filed by the former Chief of the Central Auditing Organization (CAO), Hesham Geneina, against a verdict sentencing him to jail for circulating false news.

Telecom Egypt, the country's state-owned landline monopoly, said on Sunday its board had given preliminary approval to a plan to buy a fourth-generation mobile phone license.

Technical studies to build a bridge linking between Egypt and Saudi Arabia over the Red Sea has started, Adel Turk, head of the General Authority for Roads & Bridges and Land Transport was quoted by Youm7 Sunday.

Chairperson of the Drinking Water Company of Delta’s Dakahlia stated that the governorate suffers sever water shortage to an extent that per capita share does not exceed 90 liters daily, Youm7 reported Monday.

Human rights lawyer Malek Adly saw his detention renewed on Sunday for another 15 days pending further investigations on charges of attempting to overthrow the regime.

The International Monetary Fund (IMF) has not imposed any preconditions on Egypt in order to implement a mooted $12 billion loan package, the country's finance ministry said on Sunday.

Finance lease activity grew by 12 percent in the first quarter of 2016 year-on-year, to EGP 11 billion, the head of the Egyptian Financial Supervisory Authority said on Sunday.

Egyptian Interior Minister Magdy Abdel-Ghaffar discussed security cooperation with a British parliamentary delegation in Cairo headed by MP Gerald Howarth on Thursday, a ministry statement said.

Hurghada prosecutors have formed a committee of traffic experts and officers to inspect the scene of an accident involving a bus and a truck that killed three and injured 33 others on Friday morning.

Russian Transport Minister Maxim Sokolov discussed step-by-step aviation security measures at regular consultations with his Egyptian counterpart, Civil Aviation Minister Sherif Fathi, the Russian ministry said Friday.

A forensic report on the death Mohamed Samir, 29, whose body was found in the Nile last week, has stated that he died of asphyxiation water, a conclusion that appears to support police claims that the man drowned while escaping from police in Imbaba, Cairo.

Egypt's Court of Cassation has set the date of October 25 to review an appeal from suspects in the "Espionage for Hamas" trial, in which former president Mohamed Morsy and several others were variously handed prision terms and death sentences last year.

Israel has handed over materials that it claims are probably wreckage from an EgyptAir plane that crashed into the Mediterranean Sea on May 19, with the loss of 66 lives.

A delegation of U.K. House of Commons will visit Red Sea’s resort of Sharm El Sheikh Friday, to support the tourist activity, Youm7 reported Thursday evening.

Russian Minister of Transport Maxim Sokolov has stated that Russian suspended flights to Egypt could be resumed by the end of 2016, noting that the resumption depend on security measures that Egypt will take in airports, Youm7 reported.

Israeli Prime Minister Benjamin Netanyahu on Thursday praised warming relations with Egypt and its president, Abdel Fatah al-Sisi, who ousted an Islamist government seen as hostile to ties between the neighbors.