First Independent Mena Newspaper
Four people were killed and 23 wounded after a passenger train slammed into the buffers at a station north of Cairo, the Health ministry announced Wednesday. The crash took place Tuesday in the city of Qalyub. Authorities say the driver had overshot the station and run into the buffers at the end of the track […]
The Egyptian army has announced the killing of an officer in the Sinai Peninsula during clash with drug traffickers. The clash, according to the army, occurred in the South Sinai governorate and broke out after Egyptian soldiers grew suspicious of a vehicle that reportedly turned out to be transporting large amounts of narcotics. The army […]
Egypt has secured $9.13-million grants from the World Bank for the expansion of the management of e-waste and healthcare waste under Greater Cairo pollution reduction project, the country’s Ministry of International Cooperation said in a statement. The grant would reinforce the original project’s environmental benefits, both locally and publicly, by improving e-waste and healthcare waste […]
Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of a set of agreements between the two countries to abolish double taxation aimed at boosting investments from the gas-rich Gulf state in Egypt. Saeed did not provide details about the […]
Qatar and Egypt signed Monday in Doha a deal to remove double taxation on income, and prevent tax invasion and avoidance, the Egyptian government announced in a statement. The agreement includes detailed provisions for the taxation rules and conditions by both countries, to prevent tax duplication, with respect to taxes on income from non-transferable assets, […]
An Egyptian court upheld a one-month jail sentence and a one-year suspended sentence against Al-Zamalek football club’s controversial president Mortada Mansour, after he was found guilty of defamation against his Al-Ahly counterpart Mahmoud El-Khateeb. The ruling came Saturday after the court had rejected two appeals filed by Mansour against the two sentences, state-run news outlet […]
Turkish major appliance and consumer electronics brand Beko indicated Thursday it has invested $100 million in the Egyptian market for their plant project. General Manager of Beko Egypt Umit Günel made the announcement in a press release. The company in December laid the foundation stone of its Beko Egypt factory. The plant is set to […]
Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]
The Moroccan film “Sharaa”, by director Hussein Hanin, won the “Golden Hypatia” Award at the 9th Alexandria Short Film Festival. The short film (19 minutes), which was screened for the first time in the Middle East and North Africa, tells the story of “Assou” a man in his 40s who loves his wife and daughter, […]
Six Egyptian nationals held in an irregular detention center in western Libya have set free, Egypt’s oreign ministry announced. “According to the information received from our embassy in Tripoli, the six Egyptians have been released,” Foreign Ministry spokesman Ahmed Abu Zeid said on Twitter Sunday. “We are following their safe return to the homeland,” he […]