First Independent Mena Newspaper
Egypt’s General Authority for Investment and Free Zones has indicated that the North African country is seeking cooperation with Japan to localize the automobile industry. Hossam Heiba, Chairman of the authority, discussed with President of Toyota Tsusho a sustainable partnership between the two countries to conquer the African market, leveraging on Japan’s technological, investment and […]
The United States is ready to provide the necessary support for Egypt, U.S top diplomat Antony Blinken said Tuesday as the North African country continues to welcome Sudanese refugees fleeing the infighting between the army and paramilitary group, Rapid Support Forces (RSF). Blinken made the pledge during a telephone conversation with his Egyptian counterpart Sameh […]
Egyptian authorities released Monday Al-Jazeera journalist, Hesham Abdel Aziz, and journalist Raouf Ebeid from pretrial detention, reports say. Abdel Aziz, a journalist at Al Jazeera Mubasher, was arrested on 20 June 2019 at Cairo International Airport. He was later accused of belonging to a banned group, and remained in custody until December 2019. Aziz’s health […]
Japan will finance the construction of Cairo’s fourth metro line to the tune of $700 million. The announcement was made Sunday during a visit to Egypt by the Japanese Prime Minister Fumio Kishida. This Japanese investment is one of the largest packages to support the plan to develop transportation in Egypt. The fourth phase of […]
The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]
Egypt and Greece have signed a Memorandum of Understanding (MoU) to launch a periodic dialogue between their ministries of Finance in order to exchange views on financial policy issues and topics, mechanisms of developing technical cooperation, the Egyptian Finance Ministry said in a statement. Mohammed Moait, Egypt’s Finance Minister signed the deal with his hosting […]
Thirty five people, including 26 tourists of different nationalities, were rescued Tuesday after their tourist boat capsized in the northern Red Sea, during a cruise to one of the local diving areas. The victims were rescued by workers on another tourist boat sailing nearby, Al-Masry Al-Youm reports. The tourists were transferred to a nearby marina, […]
Mohamad El-Gharawi, a staff member of the Egyptian embassy in Khartoum was killed in the ongoing conflict between the Sudanese army and the paramilitary Rapid Support Forces, the Egyptian Foreign ministry announced this Monday. Gharawi was slain on the way from his residence to the embassy headquarters to follow up on evacuation procedures for Egyptians […]
The Egyptian Foreign ministry Sunday said one member of its staff at the country’s mission in the Sudanese capital Khartoum has sustained injuries after suffering from a gunshot. Ahmed Abu Zeid, spokesman for the ministry did not name the staff member and urged Egyptians in Sudan to exercise the utmost caution amid the ongoing fighting […]
An Egyptian court in the city of Alexandria Tuesday sentenced famous model and blogger, Salma Elshimy to two years in prison over filming and broadcasting inappropriate videos via the Internet in exchange for sums of money obtained through increased views, Egypt Independent reports citing police. Salma Elshimy’s accounts on Instagram, TikTok, and YouTube circulated video […]