First Independent Mena Newspaper
In an effort to formally tender his bid for next month’s presidential election, Egypt’s former military chief, Abdel Fattah El Sissi, on Monday submitted eight times the number of signatures required of any aspirant running in the May 26-27 vote. Mr El Sissi, a 59–year-old career soldier who successfully ousted President Mohammed Morsi last July, […]
Egypt’s Transport Minister, Ibrahim al-Demeiry, said yesterday (March 25) that the ministry had started three new projects worth LE20 billion aimed at improving the country’s infrastructure and boosting its economic development. One of the projects is the tender for the third phase of the Ataba-Imbaba-Cairo University subway line, which is to be offered today (Wednesday, […]
Egypt has signed a military cooperation with Africa’s youngest state, South Sudan. The deal comes at a moment when both countries are experiencing violence from groups challenging the government’s authority. The conclusion of the deal could raise eyebrows in Khartoum which also agreed a bilateral military cooperation in Cairo. Sudan and South Sudan still have […]
In an unprecedented move by Egypt’s judiciary, 529 people have been sentenced to death in the south of the country. After only two court sessions, a judge in the southern Egyptian city of Minya issued the verdict and harsh sentences. The convicted who are reportedly supporters of deposed President Mohamed Morsi, were accused of involvement […]
Libya has decided to reunite with its past after the General National Congress approved a draft submitted by Prime Minister Zeidan to abrogate the law that forced the Royal Senussi family that Colonel Gaddafi overthrew into exile. The decision has been hailed as a move towards the right direction. According to the draft which was […]
An Al Jazeera cameraman who has been in detention in Egypt has been acquitted along with 61 other defendants. The men, most of whom have reportedly ties to the outlawed Muslim Brotherhood, were accused of organizing demonstrations followed by clashes in Cairo as well as of an attempted murder. Morsi’s supporters were protesting against his […]
Since the army toppled Islamist ex-President Mohamed Morsi in July last year, the country has been witnessing violence “on the unprecedented scale”, according to the Amnesty International. The advocacy accused the Egyptian police of regular abuse of competencies and noted that human rights and civil liberties are being antagonized. According to the Amnesty’s report that […]
As elections draw close this year, Egypt aims at attracting foreign currency into the country after investments almost dried up following the revolution which overthrew Hosni Mubarak in 2011. This cause, aimed at easing social discontent and creating jobs, is supported by state-linked investors and Dubai retailer Majid Al Futtaim. The company is the holder […]
New year 2014 will likely be very significant at least from the viewpoint of the London Stock Exchange, which stakes to become the world centre for Islamic finance. Earlier last year, Britain’s Prime Minister David Cameron announced the plan to issue sukuk – Islamic financial certificates often compared to Western bonds. The first sukuk certificate […]
Egypt’s gross domestic product (GDP) growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to reach slightly more than 1 percent compared to 2.1 percent in 2012/2013, according to the Egypt’s Central Bank. Deputy CBE governor Ranaia al-Mashat said in his statement that economic activity remained sluggish in the […]