First Independent Mena Newspaper
The Egyptian government has finalized the purchase of 20 shipments of Liquefied Natural Gas (LNG) worth approximately $907 million to meet the country’s domestic energy demands between October and December 2024, according to undisclosed sources cited by Reuters. The procurement, overseen by the Egyptian General Petroleum Corporation (EGPC), features a six-month deferred payment plan. This […]
Egypt’s wheat imports significantly increased in the first half of 2024, rising to $2.324 billion from $1.785 billion in the same period of 2023, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Wheat remains a crucial staple food for the country, contributing to the overall rise in raw material imports, which reached […]
Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. In the first half of 2024, U.S. exporters shipped virtually all (98%) of this thermal coal to Egypt […]
On Wednesday September 11, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in Egyptian exports to Germany. In the first half of 2024, Egyptian exports to Germany totaled $463 million, up 11% from $417 million during the same period in 2023. Egyptian imports from Germany also rose, reaching $2 billion in […]
AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]
Morocco and Egypt have confirmed the strength of their relationship, dealing a hard blow to the ruling junta in Algiers which has tried to no avail to sow trouble in the Moroccan-Egyptian relations following the signing of military cooperation agreement between Rabat and Addis Ababa. The meeting held Tuesday in Cairo between Moroccan Foreign minister […]
Egyptian Minister of Labor Mohamed Jabri met with Dr. Abdulrahman Al Awar, the UAE Minister of Human Resources and Emiratisation, during the 10th BRICS Ministerial Meeting in Sochi, Russia. According to a press release from Tuesday September 10, the two officials discussed enhancing bilateral cooperation in the labor sector, focusing on vocational training, job opportunities, […]
On Monday September 09, Egypt’s Minister of Foreign Affairs, Emigration, and Egyptian Expatriates, Badr Abdelatty, praised the strong and impactful partnership between Egypt and the European Union (EU) in managing and promoting both regular and legal migration, while addressing illegal migration. In a joint press conference with Ylva Johansson, the European Commissioner for Home Affairs, […]
Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on natural gas and nuclear power, following a visit to Ankara by Egyptian president Sissi during which trade cooperation deals were also signed. The two countries are willing to strengthen cooperation in the fields of trade, defense, health, energy, and the […]
In a dramatic confrontation in Dakahlia governorate on September 2, two notorious criminals were killed, and one police officer sustained injuries during an exchange of gunfire. The incident unfolded after police received credible intelligence indicating that the two criminals, who had been sentenced to life imprisonment for drug trafficking and possession of illegal firearms, were […]