First Independent Mena Newspaper
Egypt has announced the discovery, in the city of Alexandria, of the remains of “residential and commercial” areas dating back to at least the second century BC, and the fossil of a new species of amphibian whale dating back 43 million years in Fayoum, south of Cairo. In a statement posted on Facebook, the Egyptian […]
The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]
The visit last week of Libyan Marshal Khalifa Haftar to Egypt, according to Cairo and Washington, is part of the efforts led by the international community to succeed in the political process and lead to general elections at the end of the year in Libya. For the sake of balance, Egypt also announced that it […]
Russian security forces have been dispatched to sharm El-Sheikh and Hurghada Airports in Egypt as direct flights from Moscow and two resort destinations in the Sinai resume. EgyptAir flight MS724 took off from Moscow with 300 people on board and landed in Hurghada without incident, the airline said. Russia last month said direct flights between […]
Egypt’s tourism ministry moved Saturday the pharaonic solar boat of ancient King Khufu to the Grand Egyptian Museum, as part of efforts to preserve the iconic historical piece for future generations. The boat, dating back to some 4,500 years and discovered in 1954 at the southern corner of the Great Pyramid of Khufu, was exhibited […]
Libyan and Egyptian Attorney Generals signed a Memorandum of understanding (MoU) on increased cooperation in the fight against terrorism, human trafficking, and other crimes. The MoU was signed during a meeting last week in Cairo between visiting Libya’s Attorney General Sideeg Al-Sour and Egyptian counterpart Hamada Al-Sawy, Libya Herald reports. Under the agreement, the two […]
The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]
Tunisian President Kais Saied is continuing the purge at top state level he started since he provoked a political crisis late last month when he assumed all executive power. The latest dismissals, announced on Tuesday, concern the country’s ambassador to Washington Nejmeddine Lakhal, and the Governor of Sfax, a key Tunisian province, Anis Oueslati. No […]
Egypt has allegedly endorsed Tunisian President Kais Saied’s ongoing purge marked by the dismissal of Prime Minister Hichem Mechichi and the suspension of the parliament, London-based Middle East Eye (MEE) reports, arguing President Fattah al-Sisi has sent aides to advise the Tunisian President on the move. Saied Sunday seized the executive power after sacking 47-year […]
The Egyptian military says it is ready to face regional challenges as Ethiopia resumes filling the Renaissance dam considered a threat by the Arab Republic. “It is not wise, in light of our capabilities and high deterrence power, to test the reaction of the Egyptian Armed Forces,” Gharib Abdel Hafez, a spokesman of the army […]