Egypt Features Headlines

Egypt: Ambassadors’ joint statement for respecting rights and liberties in the country

Egypt’s foreign ministry has reacted to the joint statement signed by the U.K, France, Germany, Japan, Turkey, the US and 21 other European countries by summoning their Ambassadors. The joint statement called on Egyptian authorities to respect the rights and liberties of individuals following the crackdown on protesters since the arrival of the military backed […]

Features Headlines Libya

Libya: a move towards the right direction

Libya has decided to reunite with its past after the General National Congress approved a draft submitted by Prime Minister Zeidan to abrogate the law that forced the Royal Senussi family that Colonel Gaddafi overthrew into exile. The decision has been hailed as a move towards the right direction. According to the draft which was […]

Algeria Features Headlines

Is Algeria Heading towards Economic & Political Crisis ?

As Algeria braces for another controversial presidential elections scheduled for next month with incumbent President Abdelaziz Bouteflika running for a fourth term, the country’s economic and social problems are building up with the drop in gas & oil output and revenues, heralding deep cracks in the country. According to Nourreddine Aït Laoussine, former CEO of […]

Features Op Eds Opinions

Nile Dispute and the Dilemma of National Approaches

Amid deep political turmoil, there is a mounting concern in Egypt as Ethiopia forges ahead with its plan to build the $4.8 billion Grand Renaissance Dam on the Nile’s main tributary. The hydroelectric dam, to be Africa’s biggest, sounded the alarm bell for Egypt due to its possible impact on the flow of the river. […]

Features Op Eds Opinions

Revolution Makes States : The Maghreb Inches Forward (Too) Slowly

Over the past weekend, the Ukrainian government was ousted, Ukraine’s parliament reinstated the 2004 constitution and former President Victor Yanukovich is on the run in Russia. One might be forgiven to think of these developments in isolation. But it is in fact a reminder that reactionary regimes rarely deliver the sort of stability they are […]

Egypt Features Headlines

Terror Attacks Threats Turning away Tourists from Egypt

The attack of last February 16 near the resort of Taba, claimed by Sinai-based Ansar Bayt al-Maqdis group, has heavily impacted Egyptian tourism as many Western countries have warned their citizens to avoid visiting Egyptian tourism sites, including in the Sinai and Taba. Meanwhile, Club Med has closed at least until the end of March […]

Egypt Features Headlines

Egypt: Govt Steps Down, Uncertainties Grow

The Egyptian interim government led by Mr.Hazem El-Beblawi has announced Monday its resignation amid growing criticism over its poor performance and failure to deal with social and economic woes. It is the 6th government since the fall of Hosni Mubarak regime. Prime Minister El-Beblawy was appointed following the removal of elected Islamist president Mohamed Morsi […]

Business Finance

EBRD Supports Egypt International Trade With $50 Mln Loan

The European Bank for Reconstruction and Development (EBRD) has lent the National bank of Egypt (NBE) US$ 50 million to help and encourage Egyptian companies engage more in international trade operations. This trade credit line is the second part of a US $ 100 million facility, the first part of which comprised a US$ 50 […]

Business Energy Features

Egypt’s Minister of Trade and Industry:Energy Crisis Unsolvable until 2016

Egypt’s Minister of Trade and Industry, Mounir Fakhry Abdel Nour, said on Monday (17 February) that the energy problem in his country would carry on this year and there is no different option but to import energy to guarantee the operation of factories and ensure sufficient supplies for the industrial sector. In his opinion, the […]

Egypt Features Headlines

Egypt : Tourism industry gets another fatal bomb attack

A believed-to-be terrorist actwas carried out on Sunday when a bomb denoted inside or beside a tourist bus in Egypt’s Sinai headed to Israel. It has left at least two South Koreans and the Egyptian driver dead while 24 people were wounded. Reports of the two South Korean deaths were confirmed by the country’s foreign […]