First Independent Mena Newspaper
Egypt has ordered 11 Israeli pilots who landed without visa to leave its territory, for national security consideration. The pilots, who arrived in light aircraft, had received a landing permit but were denied entry and told to go back to Israel “for national security reasons,” as they did not have valid entry visas, according to […]
The Egyptian Cabinet approved on Wednesday a draft law criminalizing the circulation of false weather forecast. The draft law imposes fines ranging from EGP 100,000 ($4,000) to EGP 5 million on providing meteorological services without a license or posting false information about weather conditions through different channels, including social media, Ahram online reports. The statement […]
Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line with its vision. Minister of Finance Mohamed Maait according to the statement from his department held talks with NDB’s Chairman Marcos Troyjo on the sidelines of COP27. Both parties, the […]
US-based Honeywell International Inc. will convert the new building of the South Sinai Governorate General Assembly, and Sharm El Sheikh Hospital building into sustainable smart buildings, under a MoU signed on the sidelines of the ongoing COP27 climate summit taking place in Sharm El-Sheikh. The purpose of the MoU is to achieve the highest efficiency […]
Morocco and Egypt have signed an agreement seeking to upgrade their cooperation in matters of environment and sustainable development. The agreement, signed in Sharm el-Sheikh, on the sidelines of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), takes into consideration recent developments in this field at the […]
Sameh Shoukry, Egypt’s Foreign Minister, was elected President of the 27th edition of the United Nations Climate Change Conference (COP27) which kicked off in the Red Sea city of Sharm El Sheikh. Shoukry said in a speech that Egypt will not spare any effort to achieve the goals of the conference and will work to […]
Egypt has announced granting ‘golden licenses’ to investor applicants in the north African country for a period of three months, in a bid to speed up projects and boost investment, reports say. The license will allow investors to buy or rent lands, operate and manage the projects and allocate the necessary facilities with just a […]
Egypt has increased the minimum wage in the public sector from 2,000 Egyptian pound ($101.3) to 3,000 in a move to help workers surf the increase in the cost of living, reports say. Prime Minister Mostafa Madbouly who announced the decision said the government will pay an exceptional bonus of EGP 300 for employees in […]
A delegation of the International Monetary Fund (IMF) will visit Egypt in the first week of November to resume talks over a new loan agreement. Egypt and the Washington-based institution began talks for a new loan for the Middle East country in March. The Arab country has turned to the IFM for a new loan […]
Egypt’s leading engineering, construction and infrastructure company, Hassan Allam Holding, is considering investing up to $150 million in renewable energy and seawater desalination, in Morocco, the company’s CEO Amr Allam told Asharq Business in an interview. “If we entered a partnership in a renewable energy plant with a capacity between 50 and 100 megawatts (MWs), […]