Egypt Headlines Libya

Egypt, Libya ink deal on cooperation in fight against terrorism, human trafficking

Libyan and Egyptian Attorney Generals signed a Memorandum of understanding (MoU) on increased cooperation in the fight against terrorism, human trafficking, and other crimes. The MoU was signed during a meeting last week in Cairo between visiting Libya’s Attorney General Sideeg Al-Sour and Egyptian counterpart Hamada Al-Sawy, Libya Herald reports. Under the agreement, the two […]

Business Egypt Finance Headlines

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Egypt Headlines Tunisia

Egypt backs Tunisian President’s sacking of Prime Minister – Middle East Eye

Egypt has allegedly endorsed Tunisian President Kais Saied’s ongoing purge marked by the dismissal of Prime Minister Hichem Mechichi and the suspension of the parliament, London-based Middle East Eye (MEE) reports, arguing President Fattah al-Sisi has sent aides to advise the Tunisian President on the move. Saied Sunday seized the executive power after sacking 47-year […]

Egypt Headlines

Egypt ready for regional confrontation as Ethiopia resumes filling of Renaissance dam

The Egyptian military says it is ready to face regional challenges as Ethiopia resumes filling the Renaissance dam considered a threat by the Arab Republic. “It is not wise, in light of our capabilities and high deterrence power, to test the reaction of the Egyptian Armed Forces,” Gharib Abdel Hafez, a spokesman of the army […]

Egypt Headlines

Egypt nabs renowned businessman for funding unlicensed excavation of antiquities

The Egyptian police arrested Tuesday businessman and ex-owner of Mehwar satellite channel Hassan Rateb on accusation of funding unlicensed excavation of antiquities, a crime amounting to life imprisonment. Rateb has been named in an investigation of former lawmaker Alaa Hassanin who was also arrested last week and accused of leading a gang to dig for […]

Business Egypt Headlines Morocco

Morocco asks Egypt to abide by fair trade rules

Moroccan Trade Minister has asked Egyptian peer to abide by fair trade principles in line with the Agadir Free Trade deal after Egyptian authorities blocked on purpose a cargo of Dacia cars made in Morocco. Trade Minister Moulay Hafid Alamy told MPs he complained to his Egyptian peer about the unjustified delays and waved the […]

Africa Asia Egypt Headlines International

Arab League meets again to discuss Ethiopia’s Renaissance Dam

The Arab League holds this Tuesday, June 15, in Doha, Qatar, an extraordinary meeting of Foreign ministers on the Ethiopian Great Renaissance Dam. Sudan and Egypt requested the holding of this emergency meeting as they want to warn of the “risk” Ethiopia’s unilateral actions pose to the region, since trilateral talks stall. A former adviser […]

Asia Egypt Headlines International

Russian charter flights to Egypt Red Sea resorts to resume shortly

Direct Russian charter flights to Egypt’s Red Sea resorts will resume in the “near future”, Russian deputy FM Mikhail Bogdanov announced  amid high hopes in Egypt for more arrivals of Russian holidaymaker, Russian news agency TASS reports. Russia halted direct flights from Russian cities to Red Sea resorts in the wake of 2015 crash of […]

Africa Egypt Headlines International

Egypt irked by Ethiopia’s announcement of 100 new dams’ construction

Egyptian officials and media have reacted angrily after Ethiopia announced Sunday it will build next year more than 100 dams aside the current disputed Nile River hydro dam, Anadolu news agency reports. Ethiopian Premier Abiy Ahmed Sunday indicated that his country will build during the next fiscal year at least 100 medium and small dams […]