First Independent Mena Newspaper
Worry grips Egyptian officials who fear a natural disaster as Ethiopia prepares to fill its giant Nile dam, the Great Renaissance Dam, for the fifth time, without any coordination with downstream countries, Egypt and Sudan. Egypt has for long expressed concern at the dam, while Ethiopia argues that the water-sharing deals signed under the colonial […]
A slew of new peace initiatives have been put forward to end the armed conflict in Sudan, including by the United States and Egypt. US Secretary of State Antony Blinken Tuesday (28 May) held a phone call with Sudan’s army chief Abdel Fattah al-Burhan to find ways to “urgently end the conflict in Sudan and […]
Egypt will be the largest global wheat importer in 2024/25 (July-June) as the country recovers from a foreign exchange reserve crisis and seeks to rebuild inventories, the US department of agriculture USDA said. “In addition to wheat milled for domestic use, Egypt is also expected to continue exporting some wheat flour to nearby countries such […]
Moroccan football club RS Berkane defeated Zamalek of Egypt 2-1 in their first leg match of the 2024 African Confederation Cup final played Sunday in Berkane’s Municipal Stadium. The two goals were scored by captain Issoufou Dayo in the 13th minute and Adil Tahif in the 32nd minute, while Seifeddine Jaziri scored for the Egyptians […]
Morocco is considering applying anti-dumping measures on tomato paste imported from Egypt, the industry minister said as local industries complain of unfair competition. The agri-food federation noted in a report that Egyptian imports had a far lower price resulting in loss of jobs for the local tomato paste industry, whose sales plummeted by 14%. The […]
Sudan, Cabo Verde, Mozambique, Republic of the Congo, and Egypt have been listed as countries with the highest debt to GDP ratio in the African continent. This came in a report by Yahoo Finance which listed 30 countries with the highest debt to GDP ratio. The report noted that Emerging economies and low-income economies are […]
The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its review, the IMF noted that Egypt’s recovery was slowed by rising global inflation, foreign exchange shortages, and elevated debt levels. Egypt is also struggling with new challenges such as the […]
The European Union signed a “historic” deal with Egypt on Sunday (17 March) that includes a funding package of 7.4 billion euros and elevating their relationship to the level of a “strategic and comprehensive partnership”, in bid to stem migrant flows to Europe. The 7.4 billion-euro aid package for cash-strapped Egypt was announced by European […]
Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major ‘cash for migrant control’ pact which could be formally announced during the upcoming visit of the European Commission chief to Cairo this Sunday (17 March). The EU support package is intended to relieve pressure on […]
Three Egyptian Coptic monks were killed in an attack in a monastery on March 12 in South Africa, as the country struggles with a surge in gang criminality. The three monks who belong to the Egypt-based Coptic Orthodox Church were killed in the Saint Mark the Apostle and Saint Samuel the Confessor Monastery Police said […]