First Independent Mena Newspaper
Economic experts and businessmen familiar with the Suez Canal say the expansion of the canal may not yield the results claimed by authorities. The new canal, to be inaugurated in great fanfare this Thursday, is already raising criticism and doubt. Ahmed Kamaly, an economist with the American University in Cairo indicated that the mega project […]
Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]
US Secretary of state John Kerry has embarked on a tour in Gulf States to try to sell the July 14 Vienna pact signed between Iran and the world powers. John Kerry made his first stop in Egypt on Sunday where he told the Egyptian President Abdel Fettah al-Sisi that an Iran without the nuclear […]
“The National Defense Council agreed to prolong the participation of (Egyptian) troops engaged in a combat mission” in the Gulf, the Red Sea and the Bab al-Mandab Strait, a statement released by the Egyptian presidency announced. This is the second time Cairo is renewing its engagement with the Saudi-led coalition and the announcement came barely 48hours […]
The US embassy in Cairo announced Thursday Washington has started delivery of 8 F-16 jet fighters to Egypt as a first batch of aircrafts and military assistance since the resumption of military cooperation between Cairo and Washington. The eight aircrafts are due to arrive in Egypt this Friday coming directly from the US. Four more […]
Egypt and Saudi Arabia demonstrated Thursday their shared determination to close cooperation in the fight against terrorism and the quest for stability in the Middle East region. Egyptian President Abdel-Fattah al-Sissi received Saudi deputy Crown Prince Mohammad bin Salman who was invited to the military academy graduation in Cairo. Both leaders re-iterated resolve to strengthen […]
Egyptian Security authorities announced Wednesday that an Egyptian police officer guarding Niger’s embassy in Cairo was shot dead on Tuesday night outside the diplomatic mission in Cairo. The attack is the second on a diplomatic representation after the car bombing in front of the Italian consulate in Cairo last month. Police authorities say that the […]
Arab League countries are quickening the pace for the creation of the Arab joint force as the League announced Monday it would be holding a meeting in August for the ratification of the draft protocol. The meeting in the Egyptian capital, Cairo, will gather Foreign and Defense Ministers of the Arab League member countries on […]
While the inauguration of the New Suez Canal is just about two weeks ahead, Egypt has announced that there are plans to build a third canal. The New Suez Canal, whose construction was launched last year to reduce the country’s unemployment rate and also to boost income, is scheduled to be inaugurated on August 6th. […]
The Islamic State said Thursday it was behind the armed assault outside a checkpoint in el-Mahdiya village in Rafah, a town on the border with the Gaza Strip. One officer and three soldiers died in the attack on their vehicle near the border. The militant group Sinai Province, which has pledged allegiance to the Islamic […]