Misr

Mr Mikhaiel's case hinged on a letter sent by officials at Misr International Hospital in Egypt.

His solicitor Usman Aslam obtained the letter from Misr Hospital on 15 May.

The National Bank of Egypt and Banque Misr — two of Egypt’s state-run banks — announced they were offering yield saving certificates with 25% interest rates, a move experts believe is another attempt to rein in inflation.

Egypt’s Misr El Kheir charity is distributing almost double the number of food boxes this Ramadan compared to last year, said Ahmed Ali, a senior member of its staff.

JPMorgan transferred the $800 million to Lebanon’s Banque Misr Liban.