First Independent Mena Newspaper
Discussions between President Abdel Fattah Al-Sisi and his Minister of Supply and Internal Trade Khaled Hanafy during the weekend centered to plans that will ease the international wheat dependency burden of Egypt. Reports stated that the projects that were earmarked during their closed door meeting are three “major” internal investment plans. The plans are complimentary […]
President Abdel-Fattah El-Sisi used his speech marking the 23 July 1952 revolution anniversary to address state issues amongst which was also the much criticized snubbed ceasefire by Hamas. The 23 July 1952 revolution anniversary marks the end of monarchy in Egypt and paved way for a presidential system of government. The 1952 revolution was led […]
The influx of tourists to Egypt has been declining since 2011 but the country continues to register a significant increase of visitors coming from the United Arab Emirates (UAE). The Red sea resorts of Sharm El Sheikh and Hurghada are the most preferable destinations. Egyptian authorities have been doubling their efforts to attract visitors but […]
Three days after tensions between Israel and Palestinian continue, Egypt has called for an end to the attacks from both sides. Cairo has played a very important role in the conflict between the two countries but it seems as if the new government doesn’t have any intention of continuing in this vein. Cairo is not […]
Morocco’s Foreign Affairs and Cooperation Minister, Salaheddine Mezouar, was in Cairo during the weekend to deliver a letter from the King to President Al-Sisi. He also met his Egyptian homologue, Sameh Shoukry, to discuss bilateral relations and regional issues. When Al-Sisi was elected as president, Morocco’s King Mohammed described him as someone possessing the qualities […]
One of the first economic reforms under President Al-Sisi has been announced. Henceforth, a 10% tax will be levied on capital gains and stock dividends but the percentage could be lowered to 5% in some cases. The taxes are expected to generate between 3,5 and 4,5million Egyptian pounds. The new law was approved by the […]
Members of the Tunisian parliament have finally agreed on the days to be set aside for the parliamentary and presidential elections. The country’s transition towards democracy after the departure of President Ben Ali has been challenging. A caretaker government has been overseeing the process after the Ennahda led coalition government was forced to step down. […]
Egypt’s Minister of Investment Ashraf Salman has shown his determination to revive the economy if there is political stability. He has fixed the bars for his term in office as he set his sights on increasing the Foreign Direct Investment (FDI) by almost 100%. In 2008, Egypt’s FDI reached $13,2billion but shrunk drastically after the […]
Egypt’s new cabinet will be sworn in on Tuesday and most of them are familiar faces. The information was announced by the Cabinet spokesman, Hossam El-Kawish, after Prime Minster Ibrahim Mehleb finally formed his government. With the economy struggling and the law courts busy, much of the attention was given to those who were nominated […]
A former Libyan General, during the Gadhafi regime, has accused Qatar of wanting to weaken the state. General Khalifa Haftar’s allegations came at time when he claims to control more than 75% of Benghazi. The General is leading a militia that has vowed to uproot Islamists in the North African country. The government in Tripoli […]