Parliament Speaker Ali Abdel Aal demanded Monday to grant tourist companies a one or two year notice before applying the value added tax act due to the drop in tourism industry in the country, Youm7 reported.

The Swiss Federal Court ruled to accept an Egyptian appeal to resume internal investigations into suspicion of participation or support of a criminal organization in Mubarak’s obtaining of assets.

The Electricity Ministry has been engaged in a tit-for-tat battle with the Greater Cairo Water Company (GCWC) over allegations of unpaid electricity bills, after the GCWC allegedly failed to pay a bill estimated at hundreds of thousands of pounds to the ministry.

The Egyptian parliament has approved a legal amendment that will raise fees for Egyptians seeking government permission to work abroad.

Egyptian businessman Rafaat Nossair, a defendant in the ongoing wheat corruption scandal, was released on Monday on EGP 500,000 bail after he paid off the EGP 77 million in state funds he was accused of stealing, Al-Ahram Arabic website reported.

South Cairo prosecution ordered Monday afternoon the four-day detention pending investigation of a low-ranking policeman who killed a microbus driver Sunday night, on charges him with murder.

The preparatory meeting for the 26th session of the Egyptian-Jordanian Higher Committee are kicking off on Monday to discuss enhancing bilateral relations between the two Arab countries.

The major Egyptian parliamentary leftist bloc known as the 25-30 group stated on Monday that they would not apologise for a press conference they held on Sunday evening to voice their opposition of the new valued-added tax (VAT) law.

Tourist numbers in Egypt have dropped by 41.9 percent in July compared with the same month last year, the state's official statistics authority announced on Monday.

Investigators from Egypt's National Security Agency are stepping up efforts to identify the administrators of a Facebook page called “We are all Saleh Selim” that has been accused of slandering Al-Ahly Sporting Club, while harshly criticising the police, the military and the judiciary.

Three Suez Canal workers were injured on Sunday night when two launches for the canal's authority capsized in the waterway. The workers have been transferred to hospital for treatment.

Egypt's House of Representatives gave its initial approval for a bill to introduce Value-Added Tax (VAT) during preliminary discussions in parliament on Sunday, with a number of sources claiming the a rate of 13 percent was agreed on.

Reaching a just, comprehensive settlement on the Palestinian issue "would create a new reality in the region and contribute to curbing turbulence and instability in Middle East," Egyptian President Abdel-Fattah El-Sisi said on Sunday during talks with officials from the White House's National Security Council in Cairo. according to his office.

Representatives from Saudi Telecom and Lebara KSA are in Egypt this week to discuss the possibility of obtaining a fourth-generation mobile phone licence, an official from Egypt's telecommunications ministry said on Monday.

U.S. wheat fell for a sixth consecutive session and hovered near a three-week low on Monday, as ample global stocks and a regulatory clamp-down from the world's largest buyer of the grain dragged on prices.

Microbus drivers have started a strike in the Cairo suburb of Maadi after a driver was killed by a lower-ranking policeman in the late hours of Sunday.

More than 50 private schools have received warning from Education Minister al-Helaly al-Sherbiny over violations, he told reporters Sunday. A total of 27 international schools in Egypt were previously warned by the Education Ministry against charging extra fees, violating their own internal statutes, accepting extra students and not applying for work permits for foreign staff.

Egypt's administrative prosecution has referred television presenter Azza al-Hennawy to a disciplinary court for insulting the president and expressing personal viewpoints on her talk show, aired on a state-owned channel called Al-Qahira (Cairo).

Egypt's debts to foreign oil companies reached $3.4 billion by the end of June, a Sunday petroleum ministry statement read.

A Russian delegation of experts is expected to arrive in Cairo this week to inspect security measures at Egyptian airports amid expectation of a resumption of Russian commercial flights to Egypt in October.

Egypt’s parliament approved on Sunday the long-delayed value added tax (VAT) at a rate of 13 percent for the 2016/17 fiscal year, but said it will rise to 14 percent the following year.