First Independent Mena Newspaper
Preparations are in high gear for the presidential elections in Egypt prompting presidential candidate Hamdeen Sabahy to launch an early kick-off even though campaign is set to begin on Saturday 3rd May as dictated by the Presidential Election Commission (PEC). He has been informed of the violation. Al Sisi’s campaign group said they will wait […]
Egypt’s tourism sector is still to recover from the effects of the revolution. The Ministry of Finance announced that the revenue generated from the sector has been on a drastic fall for the past few years. The Governor of Giza, Ali Abdel Rahman, is optimistic that the future of the tourism industry is bright as […]
Russia could be on the verge of signing an agreement with Egypt as reports claim that a delegation of advisers is in Cairo to meet with officials. Egypt is expected to buy 24 advanced MiG-35 fighter jets as part of its switch towards using Russian military hardware. Negotiations have reached advanced stages. The MiG-35 jets […]
After Abdelaziz Bouteflika claimed a “crushing victory” in his bid to win a fourth term as Algeria’s leader and his main rival, Ali Benflis, has accused him of a “massive fraud”, Egypt seems to be headed to a similar scenario: While Egypt’s interim government has characterized the upcoming election as an important step towards democracy, […]
Before the end of the year, telecommunication operators in Egypt will begin to dedicate 6% of fixed-line operator Telecom Egypt’s (TE) revenues from mobile services to the National Telecommunications Regulatory Authority (NTRA). The services are expected to be launched before the end of the year. The decision was revealed by Hisham El-Alayleyi, head of the […]
Morocco has expressed concern about the United Nations Organization’s biased stands when it comes to the issue of human rights in Western Sahara and in the Algeria-based Tindouf camps that are run by the separatist Polisario Front. The worries were reignited by the report that the UN Secretary General Ban Ki -Moon is to submit […]
In an effort to formally tender his bid for next month’s presidential election, Egypt’s former military chief, Abdel Fattah El Sissi, on Monday submitted eight times the number of signatures required of any aspirant running in the May 26-27 vote. Mr El Sissi, a 59–year-old career soldier who successfully ousted President Mohammed Morsi last July, […]
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
The World Bank and Kuwait have boosted Egypt with funds to help Egypt in its rebuilding efforts. Kuwait attributed a billion dollar grant while the World Bank gave $300million loan for the promotion of small and medium sized enterprises. Unemployment in Egypt has been drastically reduced because people have started to venture into self-employment. The […]
Two bombs exploded Wednesday outside Cairo University, killing at least two people including a top security officer and wounding five other security forces, the Egyptian interior ministry said. There was no immediate claim of responsibility for the attack but the Islamist militants are suspected to be behind the two bombs that were planted among trees […]