First Independent Mena Newspaper
Egypt signed Sunday a five-year agreement with the International Finance Corporation (IFC) to advise on its Initial Public Offering (IPO) program under which dozens of state-run companies will be listed on the stock market. The World Bank’s for the Empowerment of the Private Sector will act as a strategic advisor to the government for the […]
Egypt’s President Abdelfattah al-Sisi inaugurated Thursday the Tahya Misr multipurpose maritime Terminal in Alexandria as part of plans to develop local ports, local media “Ahram Online” reports. The Tahya Misr multipurpose maritime Terminal will play a vital role in transforming the Port of Alexandria into a regional and global hub for trade and logistics, the […]
Egypt’s national carrier EgyptAir has added new routes serving India and the United Kingdom, namely Cairo to Manchester and Cairo to New Delhi. The Manchester-bound flights will kick off on July 15 with plans to operate five weekly round trips on Tuesdays, Thursdays, Fridays, Saturdays, and Sundays, using the Boeing B737-800NG model. The first flight […]
Three British tourists went missing Sunday after a fire broke out in their yacht during a trip near the Egyptian Red Sea resort town of Marsa Alam. A yacht dubbed “Hurricane”, Ahram Online reports, caught fire on Sunday during a trip scheduled for 6-11 June in the Fuston area, about 25 km north of Marsa […]
Egypt and Angola signed Wednesday two Memorandum of understanding (MoU) for cooperation in fields of security and groundwater on the sideline of the visit of the Egyptian leader Abdelfattah al-Sisi. Angolan President Joao Lourenco and his guest al-Sisi witnessed the signings following talks between the two leaders. The talks according to al-Sisi’s Office covered a […]
Egypt and Saudi Arabia signed Sunday two deals for industrial cooperation covering non-oil exports and auto industry, Ahram Online reports. The first Memorandum of understanding (MoU) involved the export authorities of both countries to boost cooperation on non-oil exports. The second deal is signed between Saudi National Industrial Development Centre and Egyptian consumer finance company […]
US First lady Jill Biden has arrived Friday in Egypt, second stop on a week-long, four-country tour in the region that reaffirms the commitment of the USA to strengthening partnerships and advancing shared priorities in the region. In Egypt, Jill Biden, according to the US embassy, will meet with women and youth and highlight US […]
The Egyptian Armed Forces received Monday a MEKO A-200 frigate, a second frigate built by Germany, several months after taking delivery of the first out of 4 ordered. The military vessel dubbed Al-Qahhar by the Egyptian Navy was built by German shipbuilder Thyssenkrupp Marine Systems (TKMS) at SBN Shipyard. Commander of the Egyptian Navy Ashraf […]
Egypt is in advanced talks with China for the purchase of around 12 of the latest version of the J-10 Vigorous Dragon multirole combat fighter jet, The New Arab reports. Talks between the two sides started last year and the North African country is expected to send representatives of its Air force to the Chinese […]
A Hong Kong-flagged ship has run aground in Egypt’s Suez Canal causing traffic jam, reports say adding that authorities are at work to refloat the ship. “M/V XIN HAI TONG 23 has grounded in the Suez Canal at KM 159/0400 hrs”, Leth Agencies said in a tweet. The situation, the agency said, left behind 4 […]