First Independent Mena Newspaper
Country Manager Hesham Mekawi of British Petroleum (BP) Egypt has stated that the company will invest more than $12 billion in the country before the end of 2020 to unlock the country’s oil and gas potential. He was speaking at an energy conference in Alexandria. Egypt has been undergoing gas shortages and the government was […]
Canada has announced that its embassy will be limiting its services in the country due to security concerns. There are fears that many other western embassies could also take a similar step as insecurity continues to be a major concern especially with the rising insurgent attacks linked to the Islamists. The British embassy has already […]
Interior Minister Omar al-Sinki of the Tobruk government that is internationally recognized as the Libyan government has arrived in the United Arab Emirates for a meeting with his homologue Saif bin Zayed Al Nahyan. Speaking to reporters about his mission, the Libyan Minister said he has come to seek for technical, logistical and political support […]
As some Egyptians rejoiced over Cairo criminal court’s Saturday ruling that dropped the case against ex-president Mubarak, others took to the streets to protest against the ruling that they consider has robbed them off the rights they have fought for. The judge said “to rule for or against him after he has become old will […]
Egypt and Dana Gas have reached an agreement after the fruitful intervention of the United Arab Emirates government. Dana Gas was unwilling to supply Egypt with gas due to the outstanding arrears of $160 million. The two parties reached an agreement on Thursday in a “win-win agreement.” Cairo owns foreign energy firms a sum of […]
The Maitiga airbase, the capitals’ only functioning airport, has come under attack from an unidentified jet which fired two missiles. The airbase was closed for a while after the attack but has reopened without suffering any major damages. The runaway remains intact. Ex-general Khalifa Haftar has claimed that his troops carried out the attack. The […]
Egypt is preparing for a new wave of protest after the Salafi Front, an Islamist political organization, announced that it will be holding one under the name of “The Muslim Youth Uprising.” Government institutions are discouraging people from participating in it and the Interior Ministry has not ruled out the use of “live rounds”. The […]
Political parties in Egypt are divided over the draft of the electoral law that will restructure electoral constituencies and the formation of the parliament. The draft is to be endorsed on Wednesday but Minister Ibrahim El-Heneidy of Transitional Justice and House of Representatives Affairs hinted that it could be postponed for a week or two. […]
A car bomb exploded near the Egyptian embassy in Tripoli on Thursday, causing some damage to the diplomatic building but no injuries or casualties. A bomb was discovered near the embassy of the United Arab Emirates. It failed to explode, according to the Libyan security officials. Most diplomatic missions, foreign and international organisations have been […]
The World Bank Group and Egypt will be discussing means of improving the country’s investment climate and competitiveness in order to boost economic growth. Anabel Gonzalez, Senior Director of the Trade and Competitiveness Global Practice at the World Bank, will be meeting with government officials as well as representatives of the private sector during her […]