First Independent Mena Newspaper
The Egyptian army has been instructed to beef up its presence in the west, near the border with Libya for fear that terrorist elements might attempt infiltrate into the country after forces aligned with UN-backed Government of National Accord (GNA) took control of key airbase from ally General Khalifa Haftar. Bassem Rady, spokesperson for the […]
The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]
News Stream May 04,2020
Egypt’s army Sunday said it killed 126 terrorists in the restive Sinai province in multiple operations, near the border with Gaza strip. Colonel Tamer al-Refai, a military spokesman, said in a statement army forces carried out 22 raids and 16 operations in the province. The forces also destroyed 228 hideouts and eight tunnels in Gaza […]
Forces aligned with east-based Libyan rebel Gen. Khalifa Haftar have arrested Egypt’s most notorious terrorist known as Mohammad Mohammad Al-Sayyid. He was wanted by Cairo for attacks on security forces and Coptic Christians, reports say. Haftar’s self-proclaimed Libyan National Army (LNA) announced al-Sayyid’s arrest on Wednesday. The man described as the most dangerous terrorist in […]
An opposition group in Chad has accused forces aligned with rebel and retired Gen. Khalifa Haftar for the killing of its leader last week, Libya Observer reports. Republican Party said its leader Gorbal Jadi Nakour was assassinated on April 18 alongside with his body guard. Without providing evidence, the party, the Libyan media reports, has […]
Tunisian President Kais Saied has underlined Tunis’s unified position with UN-backed Government of National Accord (GNA) in Tripoli after his defense minister tagged the fragile Libyan government as militia”, reports say. Tension has emerged this week between Tunisia and Libyan after Tunisian defense minister, Imed Hazgui, in comments to a local TV station, called forces […]
Government of National Accord (GNA) leader Faiez Serraj Wednesday ruled out possibilities to sit down again at a negotiation table with his rival Khalifa Haftar that he accused of committing crimes against all Libyans. In an interview with Italy’s La Repubblica, published Wednesday, Serraj charged the east-based retired military General with bombing “indiscriminately Tripoli, residential […]
A police officer and seven alleged terrorists died in a gun shootout during a security raid on a terror cell, in capital Cairo, the Interior Ministry said Wednesday. The ministry said the raid came on the back of intelligence that the terror cell was using several areas in southern and eastern Cairo as hideous to […]
Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]