First Independent Mena Newspaper
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 […]
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 […]
Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]
Egypt Railway Authority is in the process of buying 50 new locomotives from German multinational conglomerate company as the most populated Arab country embarks modernizing its rail way sector. The deal which is in the pipeline according to Arab Finance Brokerage includes maintenance works for 50 of Siemens Henschel, a model that has been efficiently […]
Russian Novosibirsk Chemical Concentrates Plant (NCCP), an enterprise of ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have signed a 10-year contract for supply of low-enriched nuclear fuel components, such as uranium and aluminum items, for ETRR-2 research reactor. ETRR-2, a research reactor of Argentinian design, is based at the Nuclear Research Center […]
Egypt has refused to welcome its citizens stranded in Qatar amid global battle against covid-19 and diplomatic tension between the two countries. A source at Qatar’s foreign ministry told Doha-based news network Al Jazeera that the Gulf country has charted a plane to bring home Egyptian nationals but Egypt has refused to let the Spanish […]
Egyptian private airlines have called the civil aviation ministry to help them cope with losses incurred because of the Coronavirus pandemic, Middle East Monitor (MEMO) reports. The ministry on its facebook page said chairmen of the companies have sought the ministry’s help to stop the bleeding of losses suffered by the private companies and help […]
Egypt Sunday decided an increase by 75 per cent of allowances of Egyptians working at the frontline of the fight against Coronavirus. The decision came in appreciation of the efforts of the workers in the medical field as they strive to contain the outbreak, Egypt Today reports. In addition to the 75 per cent increase, […]
The World Bank has granted Egypt a $500 million additional financing destined to support ongoing efforts to improve the affordability of formal housing for low-income households, the Washington-based institution said in a statement. The financing also seeks to strengthen Egypt’s Social Housing and Mortgage Finance Fund capacity to design policies and coordinate social housing programs. […]
Egypt’s state information service (SIS) in charge of foreign media accreditation has stripped The Guardian of its press credentials and censured the New York Times for publishing false numbers on the Coronavirus in the country. The Guardian local reporter Ruth Michaelson published on March 15, citing Canadian epidemiologists, that the infections of the fast-spreading disease […]