First Independent Mena Newspaper
Egypt is set to build the largest petrochemical complex in Africa and the Middle East to refine and produce a range of petroleum and chemical products, Zawya reports. The project will cost $7.5 billion and will cover an area of 3.56 million square meters located in the Ain Sokhna Industrial Zone of the Suez Canal […]
The Egyptian government has reiterated its firm support to Morocco’s territorial integrity, praising the Kingdom’s serious and credible efforts seeking for a peaceful resolution of the Sahara regional conflict. During his videoconference talks held Thursday with Moroccan peer Nasser Bourita, Egypt’s top diplomat Sameh Chokri briefed the Moroccan minister on latest developments of the […]
Edita Food Industries (EFID), one of Egypt’s largest food companies, will inaugurate a production factory in Morocco by end of this year, a top official of the company told Almal News. Hani Barzi, Chairman of the company told the media that the factory was planned for last year but the pandemic and the lockdown […]
The African Development Bank, AfDB, will extend Egypt a credit line of €145 million to help the country improve the railway system safety and to increase the network capacity. “The planned upgrades are expected to benefit low-income Egyptians, about 40 percent of the population, who rely on trains as an affordable mode of transport,” the […]
About 500,000 tourists visited Egypt during the first quarter of 2021, bringing to the country between $600-800 million in tourism revenues, reports say. Egypt re-opened its border for international flights in June last year amid the pandemic which forced the country to close its borders like the majority of other countries around the world. Sky […]
Egyptian authorities expect to get more than $1 billion from Ever Given to cover damage and losses incurred in operations to float the mega ship that blocked the vital waterway for several days. The chairman of the Suez Canal Authority (SCA), Osama Rabei told media that the authority launched Wednesday probe into the incident that […]
Egypt Suez Canal authorities Monday said the ship which has blocked navigation in the canal has refloated, adding that the course of the ship has been corrected 80 per cent. Chairman and Managing Director of the Suez Canal Authority Osama Rabie said that water level reached 2 meters, allowing, Ever Give, a Panamanian container vessel’s […]
Egypt will soon sign with China an agreement to manufacture and export Sinovac Chinese vaccine shots against COVID-19, the Egyptian government said in a statement on Monday. Health minister Hala Zayed said a deal will be signed with China’s Sinovac company, the manufacturer of Chinese Covid-19 vaccine, CoronaVac. Vacsera, a Holding company in Giza will […]
Morocco decided on Thursday to stop flights from and to Algeria and Egypt until March 21. The decision is part of the country’s efforts to fight the new coronavirus strains, according to Moroccan authorities. The same source added that this decision also applies to travelers who come from Algeria and Egypt through countries that still […]
Egypt is expected to re-open its embassy in Libya today Monday as a high key diplomatic delegation visits Tripoli for the second time since 2014. Libya’s foreign ministry’s spokesman Mohammed Al-Qablawi in a statement to Anadolu indicated that the delegation made of diplomats and security personnel would visit the Libyan capital and will re-open the […]