First Independent Mena Newspaper
The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt Today reports. Minister of Trade and Industry Nevine Gamea who made the announcement said $700 million of the funding will go to the energy sector, and $400 million to internal […]
Morocco was crowned Friday Africa’s Champion in indoor football, winning the 2020 Futsal African Cup of Nations for the second time in a row. They defeated Egypt’s Pharaohs in the final of the tournament 5-0 Friday evening in the Moroccan Sahara city of Laayoune. The Atlas Lions, holder of the AFCON 2016, will now focus […]
Moroccan futsal team will play against Egypt on Friday in Laayoune (Southern Morocco) the final match of the 2020 Futsal African Cup of Nations. The Atlas Lions, defending champions, reached the final of the African tournament after beating Angola 4-0. On this occasion, FIFA congratulated the Moroccans for their performance. “Congratulations to the Morocco team, […]
US Secretary of State Mike Pompeo Sunday expressed to President Fattah al-Sisi his outrage at the death of a US citizen in prison in Egypt, a death that the American top diplomat branded as “pointless and tragic”. Pompeo made the complaint following the death of Mustafa Kassem, 54. After a protracted hunger strike. Mustafa Kassem […]
President Fattah al-Sisi inaugurated Wednesday Bernice military base, the largest in the country and the Middle East, set to emphasize Egypt’s influence in the Red Sea. Located on the Red Sea coast along Egypt’s southern borders, the Bernice base covers 150,000-acre and is house to a naval base, an airbase, an army hospital, some combat […]
Egypt’s police raided the Cairo office of Anadolu news agency, AA, and arrested four staff members amid growing tensions between the two countries. AA in a statement said security forces stormed the office on Tuesday evening, cut off the internet and shut down the security camera. On Wednesday, they seized the staff passports, mobile phones, […]
In Addis Ababa, a major meeting on the future of Africa’s biggest hydroelectric dam— (GERD)—has ended without agreement. This is the fourth meeting in the latest efforts by water ministers from Ethiopia, Egypt and Sudan to find a resolution to the tensions over the project. The dam is under-construction on Ethiopia’s Blue Nile, a main […]
A key member of the Egyptian parliament has tabled a proposal calling for institutional boycott of Turkish products, in response to Ankara’s policy in neighboring Libya that Egypt views as threats to its interests. Tension has recently flared up between Cairo and Ankara after Turkey concluded in November a maritime and security agreement with the […]
Italy’s La-Luce newspaper has named former and late Egyptian President Mohamed Morsi “personality of the year 2019” for his sacrifice for democracy”. The media last week published the picture of the former leader on its cover with the description: Uomo Dell’ Anno 2019 (The man of year 2019). The paper said it handed the recognition […]
ExxonMobil announced earlier this week it has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look forward to working with the government and deploying our proven expertise and advanced […]