First Independent Mena Newspaper
Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]
Egyptian President Abdel-Fattah El-Sisi has reiterated that Egypt’s water security is a matter of existential importance, directly intertwined with the country’s national security. Speaking on Wednesday, 14 January 2026, during a meeting in Cairo with US Senior Adviser for Arab and African Affairs Massad Boulos, El-Sisi stressed that safeguarding water resources remains a top strategic […]
Egypt’s Ministry of Communications and Information Technology, in collaboration with the Egyptian Military Academy, has signed memoranda of understanding with 30 local and international technology companies to train young people in digital and information technology skills. The agreements were announced on Monday, January 12, 2026, according to Ahram Online. The partnerships form part of the […]
Egyptian gas producer Rashid Petroleum Company (Rashpetco) plans to double its natural gas production by fiscal year 2029/2030, the Ministry of Petroleum announced. The target forms part of a five-year expansion plan covering Rashpetco, Burullus Gas Company and the Mina West offshore field under the West Delta Deep Marine (WDDM) concession. The strategy focuses on […]
Egyptian Foreign Minister Badr Abdelatty on Thursday called for the immediate transition to the second phase of the US peace plan during a phone conversation with United Nations Secretary-General António Guterres, according to a foreign ministry statement. Abdelatty pressed for a full Israeli withdrawal from Gaza, the establishment of a technocratic committee to administer the […]
Egypt’s Minister of Industry and Transport, Kamel El-Wazir, said on Monday that Cairo’s Bus Rapid Transit (BRT) project has reduced projected transport investment costs to under $1 billion, compared with an estimated $6 billion for the previously planned Metro Line 5. Speaking during an inspection of Phase II works around Greater Cairo, El-Wazir explained that […]
Egypt has announced on Thursday, January 1, the successful drilling of two new oil and gas production wells in the Western Desert as part of a broader strategy to scale up domestic energy output. The Dorra-36 and West Yasmine-3 wells, completed by Agiba Petroleum Company, have shown strong early performance, with combined expected production of […]
Egypt has secured $140 million in long-term syndicated financing for the first phase of a metallic silicon and silicon derivatives complex in the industrial zone of New Alamein, marking a strategic step in deepening domestic value-added manufacturing. The financing agreement was signed this week, in the presence of Minister of Petroleum and Mineral Resources, Karim […]
Egypt’s State Information Service (SIS) has announced plans to introduce structured monthly briefings for foreign correspondents accredited in the country, beginning in January 2026, as part of a broader strategy to deepen engagement with international media. SIS Chairman Diaa Rashwan said the initiative aligns with standing directives from President Abdel-Fattah El-Sisi to expand the operational […]
Egypt’s National Railways (ENR) has operated its 43rd special train to support the voluntary return of Sudanese nationals displaced by the conflict in Sudan. The service departed Cairo, on December 29, carrying 1,028 passengers, largely families, bound for Aswan, a principal transit hub for cross-border returns. The train was scheduled to arrive in Aswan at […]