First Independent Mena Newspaper
UN special envoy to Libya, Bernardino Leon, has stressed that “an agreement with all stakeholders should be a priority” in ending the Libyan war. He said the warring parties should be dedicated to finding a peaceful solution because failure to reach an agreement will oblige the Security Council to ask “the UN to fill the […]
Cairo announced that it has reached preliminary deals worth $6.8 billion with Kuwaiti companies for the establishment of petrochemical projects. The initial agreements signed on Sunday involved several companies including Egypt Kuwait Holding Company, Kuwait Gateway Holdings and Boubyan Petrochemical Co. Prime Minister Ibrahim Mahlab represented the government during the signing of Memorandums of Understanding with […]
Egyptian court has granted bail to the detained Al Jazeera journalists Baher Mohamed and Mohamed Fahmy on the 12th February less than a fortnight after the release of their Australian colleague Peter Greste. But Mohamed Fahmy and Baher Mohamed are likely to be free within 48 hours, for the first time in 14 months. They […]
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 […]
President Abdel Fattah Al-Sisi spoke to the leaders of Saudi Arabia, Kuwait, Bahrain and the United Arab Emirates (UAE) to assure them of his goodwill following the airing of a tape allegedly involving him, his former head of office Abbas Kamel and Egyptian Armed Forces Chief of Staff Mahmoud Hegazy. The tape seems to be […]
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 Swiss hotel group Belhotel International plans to set up in Morocco, Egypt, and Tunisia in 2015 as part of an expansion plan in the Middle East & North Africa (MENA), said the group leader. “We want to enter into new markets, including Turkey, Egypt, Tunisia and Morocco in 2015”, said the head of 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 […]