First Independent Mena Newspaper
The African Development Bank, AfDB, will extend Egypt a credit line of €145 million to help the country improve the railway system safety and to increase the network capacity. “The planned upgrades are expected to benefit low-income Egyptians, about 40 percent of the population, who rely on trains as an affordable mode of transport,” the […]
About 500,000 tourists visited Egypt during the first quarter of 2021, bringing to the country between $600-800 million in tourism revenues, reports say. Egypt re-opened its border for international flights in June last year amid the pandemic which forced the country to close its borders like the majority of other countries around the world. Sky […]
Egyptian authorities expect to get more than $1 billion from Ever Given to cover damage and losses incurred in operations to float the mega ship that blocked the vital waterway for several days. The chairman of the Suez Canal Authority (SCA), Osama Rabei told media that the authority launched Wednesday probe into the incident that […]
Egypt Suez Canal authorities Monday said the ship which has blocked navigation in the canal has refloated, adding that the course of the ship has been corrected 80 per cent. Chairman and Managing Director of the Suez Canal Authority Osama Rabie said that water level reached 2 meters, allowing, Ever Give, a Panamanian container vessel’s […]
Egypt will soon sign with China an agreement to manufacture and export Sinovac Chinese vaccine shots against COVID-19, the Egyptian government said in a statement on Monday. Health minister Hala Zayed said a deal will be signed with China’s Sinovac company, the manufacturer of Chinese Covid-19 vaccine, CoronaVac. Vacsera, a Holding company in Giza will […]
Egypt is expected to re-open its embassy in Libya today Monday as a high key diplomatic delegation visits Tripoli for the second time since 2014. Libya’s foreign ministry’s spokesman Mohammed Al-Qablawi in a statement to Anadolu indicated that the delegation made of diplomats and security personnel would visit the Libyan capital and will re-open the […]
Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance reports citing a cabinet statement, include a $9 million (EGP 141.49 million) agreement with Canada’s Lotus Gold to explore 11 blocks; a $3 million (EGP 47.16 million) deal with Mining […]
A court in Egypt has ordered the seizure and confiscation of assets of 89 members of outlawed Muslim Brotherhood, including former late President Mohamed Morsi. “The Court for Urgent Matters in Cairo ordered the seizure of the assets of 89 leaders and members of the Brotherhood and the heirs of Morsi, and their transfer to […]
A top Egyptian delegation met Sunday in Tripoli with members of the UN-backed Government of National Accord (GNA), an unprecedented meeting, seeking re-establish ties between the two countries. The delegation included security and diplomatic officials headed by deputy chief of intelligence and head of Libya file at the Egyptian Presidency Ayman Badie, Libya Observer reports. […]
Algeria and Egypt rank among the shortlist of the countries in the world where workers are prevented from exercising their rights while some leaders of various unions are persecuted, the International Trade Union Confederation has said in its rights in the world index 2020. Both countries feature in Category 5 of the index, which is […]