First Independent Mena Newspaper
Egyptian efforts to create a 10 kilometer long buffer zone along its border with a kilometer radius are still being pursued. The killing of 30 Egyptian soldiers by a suicide bomber in the Sinai region in October has forced the government to construct a buffer zone and declare a three-month emergency in certain areas of […]
Egypt has received a financial support from the European Bank for Reconstruction and Development (EBRD) which provided the most populous Arab country a € 55 million loan for the construction of two new wastewater plants. The money will also fund the expansion of three existing plants and the installation of 700 km of pipes and […]
Egyptian Foreign Minister Sameh Shoukry expressed deep concern over the conflict in Libya and its implications for the country’s future, during a Sunday meeting with his Libyan counterpart, Mohamed Al-Dairi. Hostilities in Libya between the government forces and the Islamists have not stopped leading many to fear that it could delay the projected UN-led dialogue […]
Al Jazeera Mubashir Misr (Al Jazeera Live Egypt) will be suspending its broadcast in a move that is widely being considered as the mending of ties between Qatar and Egypt. The channel is part of the Qatari owned Al Jazeera network and has been renowned for its heavy criticism against President Sisi and his government. […]
State-owned aviation company, Egypt Air Holding, will be undergoing a radical restructuring after it lost almost one billion dollar within 4 years. Sabre Airline Solutions, an airline advisory firm in Texas, has been contracted to help the company get back to its heydays. The plan is expected to last for five and half years. Egypt […]
World Bank’s Regional Director for the Middle East and North Africa, Haleh Bridi, has signaled Egypt that time is running out for it to assure investors that it means business ahead of the 2015 international conference to be held in March. Cairo wants to revive its economy after three years of political turmoil and social […]
Country Manager Hesham Mekawi of British Petroleum (BP) Egypt has stated that the company will invest more than $12 billion in the country before the end of 2020 to unlock the country’s oil and gas potential. He was speaking at an energy conference in Alexandria. Egypt has been undergoing gas shortages and the government was […]
Canada has announced that its embassy will be limiting its services in the country due to security concerns. There are fears that many other western embassies could also take a similar step as insecurity continues to be a major concern especially with the rising insurgent attacks linked to the Islamists. The British embassy has already […]
As some Egyptians rejoiced over Cairo criminal court’s Saturday ruling that dropped the case against ex-president Mubarak, others took to the streets to protest against the ruling that they consider has robbed them off the rights they have fought for. The judge said “to rule for or against him after he has become old will […]
Egypt and Dana Gas have reached an agreement after the fruitful intervention of the United Arab Emirates government. Dana Gas was unwilling to supply Egypt with gas due to the outstanding arrears of $160 million. The two parties reached an agreement on Thursday in a “win-win agreement.” Cairo owns foreign energy firms a sum of […]