Egypt announced Wednesday electricity price will increase by 19 per cent from next month, amid the covid-19 pandemic. The decision announced by the ministry of electricity is the seventh increase by the regime of President Fattah Al Sisi in power since 2014. The move is however in line with the ministry’s previous decision to increase […]
Egypt
Egypt rushes to save defeated Haftar with peace deal
After sapping all prospects for a peaceful solution insisting on retaking Tripoli, Haftar adhered to an Egyptian call for truce that has been rejected by the internationally recognized government GNA as it continues its march to retake Sirte after securing the capital and much of Western Libya. Following a string of military setbacks, Haftar’s self-styled […]
Italy, Egypt edging towards multi-billion arm deal as relation thaw
The Italian government is on the verge of rubber-stamping a large arm sale to Egypt as relations between the two countries warm up. The deal, which includes frigates, Eurofighter Typhoons, and a military satellite, has been already endorsed by the Ministry of Defense, La Republica reports. Italian and Egyptian media had reported earlier this year […]
Egypt: Six-month ban on building permits nationwide
Egypt has instructed all governorates to halt all construction projects for a period of six months. Local Development Minister Mahmoud Sharawi announced Monday the cabinet decision and instructed all local governors including those of Greater Cairo and Alexandria to make sure the order is fully implemented. Sharawi also urged local officials to tour cities and […]
Libya: Egypt at odds with UAE after loss of Haftar-controlled key airbase
Egypt has blamed the UAE, its ally in Libya, after protégé rebel Gen. Khalifa Haftar lost early this week a key airbase to forces controlled by UN-backed Government of National Accord (GNA). Egyptian sources told London-based Al-Araby Al-Jadeed daily that Cairo has been “very disappointed” by the UAE’s “unilateral moves” in the Libyan crisis. Haftar […]
Egypt’s Suez Canal Bank to pull out of Middle East Oil Refinery
The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]
Egypt claims killing of 126 terrorists in restive Sinai
Egypt’s army Sunday said it killed 126 terrorists in the restive Sinai province in multiple operations, near the border with Gaza strip. Colonel Tamer al-Refai, a military spokesman, said in a statement army forces carried out 22 raids and 16 operations in the province. The forces also destroyed 228 hideouts and eight tunnels in Gaza […]
COVID-19: UAFA contemplates cancellation of Arab Club Champions Cup
The Union of Arab Football Associations, UAFA, is considering cancelling the suspended Arab Champions Cup, dubbed the Mohammed VI Cup, over the continuous spread of covid-19 in the countries of the four finalist teams. The competition was suspended in February after the first leg of the first semi-final between Morocco’s Raja Casablanca and Egypt’s Ismailia […]
Haftar forces nab top Egyptian terrorist in Libya
Forces aligned with east-based Libyan rebel Gen. Khalifa Haftar have arrested Egypt’s most notorious terrorist known as Mohammad Mohammad Al-Sayyid. He was wanted by Cairo for attacks on security forces and Coptic Christians, reports say. Haftar’s self-proclaimed Libyan National Army (LNA) announced al-Sayyid’s arrest on Wednesday. The man described as the most dangerous terrorist in […]
Egypt: One police officer, seven suspected militants killed in gun battle in Cairo
A police officer and seven alleged terrorists died in a gun shootout during a security raid on a terror cell, in capital Cairo, the Interior Ministry said Wednesday. The ministry said the raid came on the back of intelligence that the terror cell was using several areas in southern and eastern Cairo as hideous to […]









