First Independent Mena Newspaper
After President Obama gave warning signals to Egypt during his speech at the UN General Assembly about its “inconsistent with inclusive democracy,” he has decided to take actions. The US has reduced its military aid to the country and linked its continuity to “Egypt’s progress in pursuing a more democratic path.” Cairo has not officially […]
Property experts have raised alarm on the intense backtracking of foreign companies due to the political crisis that the country is experiencing. Some property prices have fallen to a 4-year low because of the sudden fall in demand. According to experts, international investors are expected to follow suit by focusing more on real estates in […]
Between 1,500 and 2,000 university students have taken the Cairo University campus as a venue to express their dissatisfaction with the Interim government. The academic year just got started in Egypt and demonstrations were reported to be held in several cities and universities. The students voiced their anger against political and campus freedoms that they […]
The powerful tourism industry in Egypt is nearing its doom if the imposed travel advice on European citizens by their governments is not removed. In the past few months, Egypt has been marred by violent protests when it was about to revive its lucrative and important tourism industry. Egyptian officials are claiming that the country […]
The Governor of the Egyptian Central Bank, Hesham Ramez, confirmed that Qatar has agreed on the conversion of its $2 billion that it has deposited in the Central Bank during the era of President Morsi into bonds. The transactions are expected to take less than a week according to media reports. The Qatari government had […]
Cairo could soon be occupying its seat at the African Union (AU) in October according to a member of the high level panel on Egypt. The panel is headed by former Malian President, Alpha Oumar Konare, and it visited Egypt in order to have a firsthand knowledge of the political crisis in Egypt and the […]
Saudi Arabia has reiterated its support for the military backed in government in Cairo and has promised to continue supporting it at all cost. Al-Sisi applauded the unconditional support of Saudi Arabia and its diplomatic efforts to gather support for the government. The Cairo government could be faced with financial difficulties because donors have threatened […]
The Egyptian military has begun operations to set up a 500meter wide and 10kilometre long buffer zone on its border with Gaza. Bulldozers have knocked down some of the houses in the area but residents are complaining that they have neither received eviction notices nor compensations. According to sources, the operation is aimed at reducing […]
After weeks of procrastination, hesitation and standoff between the Egyptian interim government and supporters of the Islamist president Mohammed Morsi, ousted by Gen. El Sissi, the security forces moved in to break up sit-ins and protest camps set up in Cairo by Muslim Brotherhood supporters demanding Morsi return to power. But the hardline move by […]
The Egyptian interim leader Adly Mansour, has appointed Hazem El Beblawi as Egypt’s new Prime minister, after the democratically elected president Mohammed Morsi was ousted from office by the country’s army leaders. Presidential spokesman Ahmed El Moslamany announced in a statement that Mohamed El-Baradei is also appointed as Vice President responsible for foreign affairs in […]