First Independent Mena Newspaper
The Egyptian state oil firm has issued a tender to purchase around 500,000 tons of gasoil for delivery into Mediterranean ports between January and March next year according to a tender document. The tender is for 15 cargoes to be delivered in Alexandria, Egypt’s second largest city and El Dekheila. Bidding ends on the 18th […]
A musical and archaeological celebration was held at the house of Lord Howard Carter who is honored for discovering the intact tomb of King Tutankhamun marking the 90th anniversary of the discovery. Present at the ceremony were the Minister of Tourism Hisham Zaazou, Minister of Archaeology Dr Mohamed Ibrahim, Governor of Luxor Dr Ezzat Saad […]
How important has been the role that social media have played in the Arab Spring uprisings and the subsequent democratic transformation affecting the North African region? This is a question that has been hotly contested in both policy-making and academic circles essentially ever since a Tunisian fruit vendor’s act of self-immolation swiftly wreaked havoc with […]
If the Egyptian revolution has affected the economy, a lot of local artists are benefitting from it because it has helped to expose their works. Art forms as graffiti have now moved from the status of vandalism to a newly-appreciated form of visual art. Mashrou3 Hagar or Hagar’s project is helping them to express themselves […]
It has been almost two years since the Arab Spring hit the countries of Middle East and North Africa. While some nations have taken a fresh breath of freedom, others have plunged into misery. Day-to-day riots and protests have paralyzed the socio-political functioning of the region, and stifled the tourist industry – the crux of […]
Egypt’s economy might be heading for the worst as the board of the International Monetary Fund (IMF) meets in a few weeks to consider almost a $5 billion financing agreement amidst political crisis in the country. The board will be requiring that there is no major change in economic outlook or policy when it makes […]
Egypt and Tunisia will shortly recover the assets that were frozen under sanctions decreed by the European Union against their former presidents Hosni Mubarak and Zine El Abidine Ben Ali, who were both toppled in Arab Spring uprisings. The Council of the European Union announced Monday that the EU took steps to facilitate the return […]
President Morsi’s outstanding powers has led to demonstrations in the streets demanding him to relinquish them and it has made it effects on Egypt’s benchmark stock index is as it fell by almost 10% in the first trading session since the presidential decrees. The ongoing political tensions in an already paralyzed economy spread swiftly through […]
The decision of the regulator of the Egyptian market to push further the deadline of the sale of stakes of Qatar National Bank (QNB) has led to the slump of Egypt’s National Société Générale Bank (NSGB) and it has made an impact on the Cairo bourse while leaving the Gulf markets mixed in lackluster trading. […]
Egypt has purchased ten Turkish-made ANKA drones after months of secret negotiations between the two countries before reaching deal, first of its kind after the fall of former President Hosni Mubarak in a popular uprising in 2011. With a 56-foot wingspan, the unmanned aerial vehicle (UAV) has the ability to fly 24 hours at a […]