First Independent Mena Newspaper
New Geopolitical Realities The escalating violence in the Gaza Strip and southern Israel, in which scores of Palestinians and Israelis have so far been killed, is being played out against a fast changing geopolitical setting. The current Israel-Gaza clash is the largest since Israel’s war in Gaza in 2008-2009, when Hamas was a political pariah […]
Reports from Algeria claim that Egypt has received in the last few days a 53,000 tons shipment of gas from Algeria in a move to ease its energy demands. The shipment is part of a negotiated deal brokered between the Egyptian government and the Algerian petroleum company SONATRACH for the increment of butane gas imports […]
Egypt has recalled its newly appointed ambassador to Israel, Atef Mohamed Salem, after the commander of Hamas military wing, Ahmed Al-Jaabari. was killed in an Israeli raid on Gaza strip. The announcement was made Wednesday evening by a presidential spokesman in a televised statement. The spokesman said that President Mohamed Morsi has also summoned the […]
The European Union has agreed to extend Egypt nearly €5 billion economic and political assistance to help the country cope with the transition phase it is going through. The decision was made on Wednesday during the EU-Egypt Task Force, the largest-ever meeting between the European Union and Egypt. The economic and political assistance package will […]
By 18 October 2012, a report that Salafis destroyed an 8,000-year-old petroglyph in Yakour Plain not far from Marrakesh quickly spread on Facebook and Twitter. The rock-drawing depicting the animistic divinity of the sun is one of thousands of stone carvings in the High Atlas and Anti-Atlas Mountains. Print and online newspapers repeated these rumors, […]
The 35th edition of the Cairo International Film Festival to kick off on November 27 will celebrate African cinema with special focus on the black continent. Nine movies from Kenya, Nigeria, Uganda, Rwanda, Chad and South Africa depicting the realities of African society will be screened during the festival to run till December 6. The […]
In order to encourage parents to put their children in school as early as possible, the World Food Program (WFP) has signed for a second time a partnership agreement with Vodafone Egypt. Wanting more Egyptians to benefit from the program, Vodafone has given $USD 1 million. This sum is planned to nourish 75 000 people, […]
Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]
In February 2012, the European Parliament approved proposals to reduce restrictions on agricultural and fisheries exports from Morocco into the EU, and to allow Morocco to participate in EU single market programs (on competitiveness and innovation, customs, transport). A few days later, on 1 March 2012, a free trade area (FTA) in industrial goods was […]
The EU has issued lately its revised import preference scheme – known as the Generalized Scheme of Preferences (GSP) – for developing countries most in need which will take effect from 1 January 2014. The new list of beneficiaries from GSP does not include North African countries: Algeria, Egypt, Jordan, Lebanon, Morocco & Tunisia. With […]