First Independent Mena Newspaper
An Egyptian court in the city of Alexandria Tuesday sentenced famous model and blogger, Salma Elshimy to two years in prison over filming and broadcasting inappropriate videos via the Internet in exchange for sums of money obtained through increased views, Egypt Independent reports citing police. Salma Elshimy’s accounts on Instagram, TikTok, and YouTube circulated video […]
Chinese consumer electronics manufacturer OPPO is considering setting up a smart phone producing plant in Egypt with a total investment of $20 million, the CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Sunday. The venture Heiba added during a meeting with Prime Minister Mostafa Madbouly will generate 650 jobs. […]
Egypt’s General Authority for Investment and Free Zones (GAFI) will launch a digital platform that enables investors to establish their companies online on July 1st, the authority’s Chief Executive Officer announced Thursday. Hossam Heiba made the announcement as he met with Swiss ambassador in Cairo, Vonne Bauman. The Authority is adopting mechanisms for dialogue between […]
Egypt and India unveiled Sunday the cornerstone for a polyethylene (PET) production factory to cost a $110 million investment, in Ain Sokhna, Suez governorate. The project is planned to have a production capacity of 30,000 tons per month, Ahram Online reports. The construction will go through two phases, the first starting during the first half […]
Egypt Thursday officially presented former minister of Tourism and Antiquities Khaled El-Enany as the country’s candidate for the position of UNESCO Director-General. Mustafa Madbouli, Prime Minister of the Arab country was present at the press conference announcing the nomination of the former minister. “Words fail to express my pride in being chosen as a candidate […]
A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down the continent’s economic growth. In its Africa Pulse report, the Washington-based bank expresses its concern that Sub-Saharan Africa could be facing a “lost decade” of slow economic growth and high […]
Morocco has gained a clear support from the UEFA president Aleksander Ceferin and the Confederation of African Football (CAF) for joining Spain-Portugal bid for hosting World Cup 2030. Mr.Ceferin, Head of the European Union Football Associations, voiced his backing to Morocco’s joining the European candidacy for World Cup 2030 at a press conference held in […]
Egypt’s capital Cairo will host the third edition of Intra-African Trade Fair (IATF2023) in November. “The exhibition represents a unique opportunity to bring together African companies and make deals to achieve commercial, industrial and investment integration in the Black continent”, Egypt’s Minister of Trade and Industry Ahmed Samir said during a coordination meeting with a […]
The European Union (EU) has granted Egypt $40 million earn-marked for the improvement of food security in the North African country, Egypt’s International Cooperation Ministry said in a statement. The EU will provide the funds through the Italian Agency for Development Cooperation (AICS). Per the deal, the AICS will partner with the Egyptian Ministry of […]
Egypt’s Nuclear and Radiation Control Authority (ENRRA) has granted permission to Russia’s Rosatom State Atomic Energy Corporation for the construction of the El-Dabaa Nuclear Power Plant’s 3rd unit with a capacity of 1,200 megawatts, ENRRA said in a statement. The authority last Wednesday approved the permission to establish the third unit at the Hyena Station. […]