First Independent Mena Newspaper
The defense ministry Sunday said over 50 suspected militants were killed in the past days in ongoing operation across the restive Sinai Peninsula where authorities are pushing to flash out the Islamic State group (ISIS). The Egyptian army and forces under interior ministry have been conducting since February a major offensive in the Sinai to […]
The European Bank for Reconstruction and Development (EBRD) has announced a €205 million loan to Egypt to help the transports authority rehabilitate Cairo Metro, the major means of public transport in the Egyptian capital. The funds will finance urgent works on Line 1 – the oldest of the Cairo underground lines – which remains the […]
Lawmakers in Egypt on Sunday criticized President Abdel Fattah al-Sisi’s recent fiscal reforms. The 25-30 Alliance, a bloc of a small number of opposition MPs, demanded in a statement that Sisi cancel what it called “errant economic decisions” affecting the lower and middle classes. Egyptian President Abdel Fattah al-Sisi has revived the North African nation’s […]
Sudan summoned Egypt’s ambassador in Khatourm to express resentment at a TV series, which portrays Egyptian terrorist finding refuge in the neighboring country. The Sudanese foreign ministry said that the Ramadan series, titled Abu Amr al-Masry, broadcasted by ON TV satellite channel, is “insulting to Egyptians living in Sudan and destroying the confidence and relations […]
A breakthrough has been reached by Egypt, Sudan and Ethiopia in their long dispute over the distribution of Nile water as Addis Ababa nears completion of its $5 bln Grand Renaissance dam. The three countries agreed to set up a scientific study group to examine the filing of the dam. They also agreed that leaders […]
Egypt is expecting foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year, Petroleum Minister Tarek El Molla said. According to Molla, Egypt expects foreign investments to total the same amount for the current fiscal year, marking a 25 percent increase from the previous year. Last year […]
Incumbent President Abdel Fattah al-Sisi has been re-elected for another four-year term in an election deserted by main opposition parties. Official MENA news agency and other state media, namely Ahram and Akhbar el-Youm, have announced al-Sisi winner of the three-day presidential poll which ended Wednesday. Al-Sisi is credited with 92 per cent of the votes […]
Edita Food Industries SAE (EFID) has announced plans to set up snack food factory in Morocco. Edita, which has teamed up with Dislog Group in Morocco, seeks to reinforce its expansion plans and strengthen its position in the snacks market. Last December, Edita’s chairman and CEO Hani Berzi said that commercial operations will begin in […]
A panel of British lawmakers has submitted a request to visit former President Mohamed Morsi in detention since he was overthrown in 2013 by incumbent President who is seeking a second term in office. The group, made of the UK’s two leading parties, Conservative and Labor, reportedly wrote to Egypt’s UK ambassador to request a […]
Egypt and Saudi Arabia agreed Sunday to set up $10-billion joint fund for the development of the Egyptian side of NEOM city in the South of the Sinai restive Peninsula. The agreement took place in the presence of Saudi Crown Prince Mohamed bin Salman, or MBS, who is paying a three-day visit to Cairo. The […]