First Independent Mena Newspaper
President Al-Sisi has warned that terrorism is no longer a national or regional issue but a “threat to the stability and security of the whole world” that continues to expand. He called for a religious “revolution” and urged moderate Muslims to “stand up” against terrorists giving a distorted image of Islam before stressing that it […]
British Petroleum (BP) and Russian-owned DEA have agreed a partnership investment of $12 billion in Egyptian gas fields in the West Nile Delta with the hope of producing five trillion cubic feet of gas resources and 55 million barrels of condensates when the project is completed in 2017. The investment plan is being described as […]
Ethiopia, Egypt and Sudan have reached a preliminary agreement that has helped them to overcome their main differences. The three countries have the main share of the Nile and Cairo was concerned about Ethiopia’s Grand Renaissance Dam project on the Blue Nile because of fears that it will affect its own supply of the river […]
The Constitutional court ruled that an article in the Electoral law that demarcated the electoral districts violated the constitution. The decision automatically delays the parliamentary elections that were set to begin on 22 March. Egypt has been without a parliament since June 2012 when a court decision dissolved it during Morsi’s presidency. Since then, the […]
President Sisi stated in a recorded address aired by state television that Egypt’s military has no interest in invading or attacking other nations, but will defend Egypt as well as the region “if required and in coordination with our Arab brothers.” Associated Press reported in November last year that Egypt, Saudi Arabia, the United Arab […]
The International Monetary Fund (IMF) has announced that the Egyptian economy is on the right path in recovering from the shambles of the protests that started in 2011. The implemented structural and monetary reforms are boosting the economy and IMF projected that growth could reach 3,8% in 2014-2015 and rise to up to 5% over […]
Egyptian court has sentenced on Wednesday, the leftist revolutionary and prominent activist Ahmed Douma to life imprisonment for “illegal gathering”, “arms”, “disturbing public order”, “vandalism” and “inciting violence. The court also sentenced 229 others to life in jail in absentia for the same charges, and 39 juveniles received 10-year sentences in absentia. These liberal activists […]
Egypt has been rocked this weekend by another wave of deadly violence triggered by clashes in a Cairo stadium between fans of the football club of Zamalek and their ENPPI rivals. According to press reports, riots police fired tear gas to disperse the crowd, but this has prompted only a huge stampede that left at […]
The Egyptian government has accused banned Muslim Brotherhood of tarnishing the image of President Sisi after an audio of almost 6minutes was aired on Mekameleen channel in Turkey. The audio had two voices of which one is alleged to be that of Sisi. The recorded voices were talking about how to obtain money from the […]
The investment firm Qaala Holding, previously known under the name of Citadel Capital, sold its direct and indirect shareholdings in Pharos Holding for Financial Investments, which amount to 80%, in a deal of 40 million Egyptian pounds ($ 5.3 million). According to the company’s statement, the divestiture is part of its plans to sell non-core […]