First Independent Mena Newspaper
Jordan is planning to build three solar power plants expected to produce 40 MW of much-needed generating capacity from a clean, reliable domestic resource. These projects will enable the country to reduce its dependence on hydrocarbons. Jordan imports over 97 per cent of the energy it consumes, relying disproportionately on natural gas from Egypt and […]
Fighting has intensified in Benghazi as the Islamists and Khalifa Haftar’s forces continue to fight for control over the town. Smoke was seen coming from a ship in the port. Amidst the fighting between rival armed groups, Prime Minister Omar al-Hassi of the government based in Tripoli has called for “new elections” to be organized because […]
A strong Egyptian delegation, including several ministers, is in Ethiopia for a two-day working visit for the fifth session of the joint Egyptian-Ethiopian committee. The session seems to be focused on reinforcing bilateral and trade ties between the two countries despite their differences over the Renaissance Dam project. The visit is seen by Cairo as […]
Plans are underway for Algeria, Libya and Egypt to replace 50% of Russia’s Gazprom natural gas supply to Europe. Italy’s largest utility, Enel SpA, hopes that the development efforts that are ongoing in oil and gas sectors of these North African countries, especially in Algeria, will ease the process. Europe is seeking to reduce its […]
Relationship between Turkey and Egypt has been dealt another blow after Cairo stated that it will not be renewing the cooperation agreements with Ankara when they expire. Amongst them is the important transit-trade agreement that is set to expire in March next year. Turkey is yet to be officially informed. Hwaida Essam Abdel Rahman, Deputy […]
Egypt decreed a state of emergency in north and central Sinai for the next three months following the terrorist attack at El-Arish checkpoint that killed 30 soldiers and imposed a curfew from 5:00 pm to 7:00 am.The government also declared a three-day period of mourning. After a meeting with the Supreme Council of the Armed […]
Egypt and Kuwait have sealed a draft agreement aimed at strengthening the commercial and industrial ties between them as well as the promotion of their products and services. The ceremony took place at the sidelines of the Kuwait-Egypt exhibition and conference in Cairo which opened its doors on Tuesday. Several government authorities from both countries […]
Egypt is hosting the Grand Renaissance Dam talks with irrigation ministers from Sudan and Ethiopia in attendance. Ethiopia is building a dam on the Nile but Cairo is worried that it will affect its share of the Nile most of which is used for agriculture. Despite their differences, President Abdel-Fattah El-Sisi has stated that the […]
The tug-of-war between Ankara and Cairo is reaching new heights after Egypt’s foreign Ministry labeled President Recep Tayyip Erdogan’s latest attacks as “insulting comments.” Erdogan has always described the removal of Mohammed Morsi as a coup d’état and continues to consider the government led by Al-Sisi as unconstitutional. President Erdogan told the Turkish parliament that […]
President Abdel Fattah al-Sisi has spent 100 days in office marked with daring economic reforms that his predecessors have avoided as politically-risky reforms. The reforms could attract foreign investors who have stayed away from the country due to the political crises that the country has been experiencing. Bryan Carter, lead portfolio manager for emerging debt […]