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 […]
Tag: Egypt
Egypt: Muslim Brotherhood slandering President Sisi, PM Hahlab
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 […]
Swiss Belhotel International is planning to set up in Morocco, Egypt and Tunisia in 2015
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 […]
Egypt : Qaala Holding divests stake in Pharos at $ 5.3 million deal
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 […]
Egypt: $8.2 billion Suez Canal lane to be inaugurated in August
Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]
Egypt blasts “totally untruthful” foreign statements
Celebrations of the Fourth anniversary of the Egyptian uprising on Sunday were marred by violence which continued till Monday and has left dozens of people dead. Most of the confrontations are believed to be between supporters of the banned Muslim Brotherhood and the security forces. Cairo has however alleged that statements from foreign governments and […]
Algeria talks Western Sahara after discussions with Egypt
After a telephone conversation between the Foreign Ministers of Algeria and Egypt, the Foreign Affairs Ministry in Algiers has stated that both countries have reaffirmed the need to complete the process of Western Sahara issue settlement in conformity with the UN Assembly General and the Security Council. Morocco considers Western Sahara to be part of […]
Egypt sidelines linkage of Nile and River Congo for technicalities
Alaa Yassine, the Egyptian minister of Irrigation and Water Resources advisory for dam affairs has finally announced that the proposed project of linking the Nile with River Congo will finally not go ahead due to “technical reasons.” The project was proposed by Sarko Overseas, a private company owned by Ibrahim Al-Fayoumi, but Egypt decided not […]
Egypt: Sisi praises UAE and opens doors to investors
President Sisi is on his first official visit to the United Arab Emirates (UAE) as a Head of State and was full of praise of its leaders as he paid homage to the founder late Sheikh Zayed bin Sultan Al Nahyan. He described the ties between the two states as “strong and balanced.” He urged […]
Egypt: Close Islamist collaborators now at odds
Ahead of the parliamentary elections in Egypt, the discord between two Islamic oriented political parties is beginning to surface. Al-Nour, a Salafist political party, and the now banned Muslim Brotherhood that has been termed as a terrorist organization by the state are at a latent war over the control of Sinai. Crisis between the two […]









