First Independent Mena Newspaper
The Egyptian government has received a big boost after it sold $1.5 billion of 10-year bonds at a yield of 6% with lead managers claiming that $4.5 billion of investor orders were attracted by the bond issuance. The success of this first international bond issuance under Sisi’s government shows signs of a return to normality […]
Regional security and the joint Arab force project were among the main topics discussed at talks held Thursday in Cairo between Egyptian President Abdel Fatah al-Sissi and visiting former U.S Secretary of Defense Leon Panetta. A statement released by the Egyptian presidency said Panetta is convinced that the joint Arab force being discussed by members […]
Egyptian authorities re-opened on Tuesday Rafah crossing point allowing Palestinians to return to homes in Gaza. Closed since March after Egyptian authorities complained about security concerns, Rafah border is the only gate of in and out for 1.5 million Palestinians living in Gaza. According to Egypt MENA news agency, over 560 Palestinians were able to […]
Defense ministers and army chiefs of staff of Arab countries met lately in Cairo to discuss the project of setting up a joint military force to be deployed to defend common interest and ward off terror threats. The idea to create a joint Arab army came up after Saudi Arabia and its Arab allies formed […]
A court in Cairo sentenced a policeman 25 years of imprisonment, a death sentence on sexual assault charges on an ill girl at Imbaba police station. A few days after the gloomy report by FIDH (International Federation of Human Rights) accusing them of sexual abuses, Egypt authorities have handed death sentence a policeman. Officials said […]
President Erdoğan has stated that Egyptian death row prisoner Mohammed Morsi is still the president of Egypt as far as he is concerned. The Turkish president based his stance on democratic principles and criticized the international community for being silent. Erdoğan’s latest attack must have been provoked by the decision of an Egyptian court that […]
President Sisi said during his third monthly speech focused on corruption and national security that the country’s security should not be taken for granted. His speech coincided with the report on the findings of independent forensic acoustic experts of a tape recording where Sisi is allegedly heard planning to divert funds donated by the Gulf […]
The Egyptian government has acquired a strategic ally in its fight against extremist and terrorist groups operating in the Sinai Peninsula after 38 Egyptian tribes based in the region announced there will to cooperate with the state. The decision was taken during the first meeting of the Sinai Tribal Federation and it is believed that […]
Egyptian President al-Sisi welcomed at the Cairo International Airport on Thursday 27 Ethiopians who had been abducted in Libya and who were freed thanks to Egypt’s intervention. Egypt helped rescue the Ethiopians at the request of Ethiopian Foreign Minister Tedros Adhanom. The execution of around 30 Ethiopian Christians by ISIS in Libya last April triggered […]
Crisis marring the Egyptian national carrier, Egypt Air, is not yet over as pilots striking against the new financial regulations have threatened to resign while the Egyptian Civilian Pilots Syndicate tackles the Civil Aviation Authority in the court room over the labor law. At least 25% of the airlines’ pilots have tendered a mass resignation […]