Countries isolating Qatar Wednesday considered no further sanctions and called for more consultations after Doha dismissed the 13-demand list in a response handed to the quartet through Kuwait. Meeting in Cairo to decide the next steps in the crisis which opposes them to Qatar, Saudi Arabia, United Arab Emirates (UAE), Bahrain and Egypt, represented by […]
Egypt
Referendum, Unfeasible Solution to Sahara Issue- Italian Official
Italy’s deputy Foreign Minister Mario Giro made it clear that the referendum option does not offer a feasible solution to the regional conflict over the Sahara and that the Algerian-Backed Polisario separatists had better give up the chimera of conducting a vote on the Sahara’s independence. The Italian official made the remarks during the presentation, […]
Egypt Accuses Qatar of Backing Terrorism at UN Session
Egyptian officials have pointed fingers at Qatar for supporting terrorism during a U.N. session on Tuesday, held at the initiative of Egypt and chaired by Egypt’s Permanent Representative Amr Aboul Atta. During the session, a list enumerating Qatar’s violations of the UN arms embargo on Libya was circulated with allegations that Doha is a key […]
Egypt Adds Multi-billion Dollar “Social Package” to Budget
As Egypt’s fiscal year for 2017-2018 will be commencing on July 1, the Finance Ministry has announced that a “social package” aimed at easing the pain of the ongoing austerity measures will be included in the budget. More than 90% of the citizens will benefit from the package through food subsidies, tax breaks and increment […]
Egypt: Administrative Court Rejects Parliament Approval of Red Sea islands’ Handover to KSA
Egypt’s highest administrative court Tuesday issued a new verdict opposing Egyptian parliament’s approval of government decision to surrender Tiran and Sanafir islands in the Red Sea to Saudi Arabia. The Tuesday ruling is the second by the court. The court, the highest judicial entity to settle administrative disputes, last year ruled against the Egyptian government’s […]
Egypt: Court lowers Prison Sentence to Police Officer for killing Peaceful Protester
A criminal court in the Egyptian capital Monday pressed a ten-year condemnation against First Lt. Yaseen Hatem accused in 2015 for killing political activist Shaimaa Al-Sabbagh on the fourth anniversary of the Egyptian 2011 revolution. The Monday ruling is the second verdict on the case after another court condemned the officer to 15 years in […]
EBRD Lends Egypt € 290 Mln for Rail Modernization
Millions of commuters across Egypt will benefit from a €290 million financing provided by the EBRD to support the Egyptian National Railways (ENR) in its fleet expansion and upgrade of services. As part of ENR’s locomotive renewal program, the EBRD will finance the acquisition of up to 100 new diesel locomotives under a supply-and-maintenance contract […]
Egypt: MPs tussle over Tiran and Sanafir
The Egyptian parliament Sunday convened for a two-day session to review the controversial 2016 agreement regarding the handing over of the islands of Tiran and Sanafir to Saudi Arabia, despite a ruling in January by the High Administrative Court that said the agreement is unconstitutional and void. The ruling upheld the verdict of a lower […]
Gulf Crisis: Cairo Calls UN to investigate Qatar’s Alleged Ransom Payment to a Terrorist Group
Egypt Thursday called for an UN Security Council inquiry into accusations that Qatar allegedly paid around $1 billion as ransom to a terrorist group in Iraq to secure the release of 26 Qatari hostages, including members of the royal family, egyptindependent.com reports. Egypt’s call came on the backdrop of the rift in relations between Qatar […]
Egypt: Nine Banks to invest $1.5 billion in coal-fired power plant
In Egypt, a consortium nine local banks have pledged to invest about $1.5 billion in a project to increase the North African nation’s electricity capacity. The financing, granted as a loan, will benefit the construction of a coal-fired power station with a capacity of 6,000 MW in the Hamrawein area in the coastal region of […]









