First Independent Mena Newspaper
Egypt and Russian energy company Rosatom have announced the beginning of construction work of the North African country’s first nuclear plant. The plant is being built at El-Dabaa on the country’s north coast and is expected to have four units, each with a generating capacity of 1,200MW. The project has been in the pipeline since […]
Egypt and Serbia inked a group of agreements and Memorandum of Understanding as President Abdelfattah al-Sisi visited the European country Wednesday. Al Sisi met with Aleksandar Vucic in capital Belgrade following a visit to Germany the day before. Both leaders oversaw the signing of several accords. One agreement in the field of higher education was […]
The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience, Abidjan-based bank said in a statement. The program […]
The European Investment Bank (EIB) and Banque Misr have signed two technical assistance agreements to support small- and medium-sized enterprises (SMEs), Arab Finance reports citing emailed press release on July 6th. The first program will bolster Banque Misr’s credit risk management and help it adopt SME financing best practices. The second according to the statement […]
An attack carried out by a group of militants killed Wednesday five Egyptian military personnel in North Sinai, the second such an attack in less than one week after the Islamic state group (ISIS) claimed a first attack that slain 11 security forces. Two security sources told Reuters that unidentified armed men assaulted a security […]
Egyptian Foreign Minister Sameh Shoukry hailed the role played by the Al-Quds Committee, chaired by King Mohammed VI of Morocco, in supporting the resistance of the inhabitants of the Holy City and preserving the Arab-Islamic character of Al-Quds, its legal and civilizational status and its historical identity as a land of coexistence between the three […]
Egypt is marshalling support around Africa to obtain the replacement of US Stephani Williams, who is acting as Adviser to the UN Secretary-General on Libya, with an African figure on the grounds that the UN diplomat antagonizes Cairo’s vision in the Libya crisis, Al-Araby Al-Jadeed reports citing an informed Egyptian source. The source told the […]
Egyptian billionaire Naguib Sawiris is planning to visit Tunisia “soon” and would announce resumption of one of his mega projects in the North African country. Sources told Egyptian media Acharaa that Sawiris might meet with “senior officials, including the Tunisian President.” “The meetings will discuss among others a mega tourism project in one of […]
Tunisia Monday submitted its candidacy to host the new headquarters of the African Medicines Agency (AMA), several days after Egypt expressed willingness to provide a venue for the construction of the agency’s continental office. Tunisia’s Minister of Health Ali M’rabet made the offer as he received Aggrey John Douglas Ambali, an African Union (AU) official […]
Egyptian President Fattah al-Sisi hosted on Sunday Khalifa Haftar and House of Representatives’ (HoR) Speaker, Aqila Saleh in Cairo, as part of Egypt’s support for the political process that led to forming Fathi Bashagha’s government, Libya Observer reports, citing unnamed sources. The sources indicated that the visit came in a time of tension as Bashagha’s […]