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 […]
Tag: Egypt
Egypt-UK: British MPs Seek to visit Imprisoned Morsi
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 […]
Riyadh to fund Egypt’s version of NEOM city in South Sinai
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 […]
Libya: US Treasury Slaps Sanctions on Oil Smugglers
The US Treasury has imposed new sanctions, including asset freeze, on several entities and individuals from Libya, Egypt and Malta believed involved in the smuggling of Libyan oil. The new sanctions from the Treasury’s Office of Foreign Assets Control (OFAC) have targeted six people, twenty-four companies and seven vessels. Assets belonging to targeted individuals and […]
Egypt: Opposition figure, former MB listed as terrorist
Recently arrested opposition figure Abdel Moneim Abul Fotouh has appeared on authorities’ backlist of terrorists after the ministry of interior accused him of fostering ties with exiled members of outlawed Muslim Brotherhood. The former member of the Islamist movement has been remanded in prison since his arrest last week upon his return from London. Security […]
Egypt, Israel Seal $15 bln Gas Deal
Israeli Delek Drilling company announced that it signed a $15 billion agreement to export gas to Egypt, a deal described as most significant since 1979. The agreement reflects the deepening strategic ties between the two countries as well as Cairo’s ambitions to become a regional energy hub. Israeli Prime Minister Benjamin Netanyahu welcomed the agreement […]
Moscow not in a Hurry to Resume Flights to Egypt
Russia, in the current state of affairs, will not resume flight connections with Egypt, Russian deputy Prime Minister has announced adding that immediate resumption of Russian flights to Egyptian resorts is “currently impossible”. Arkady Dvorkovitch reportedly made the remarks to Egyptian deputy foreign minister on the sidelines of the International Conference on the Reconstruction of […]
Egypt: Former Presidential hopeful, Vocal Critic of Sisi Arrested
Egyptian Security authorities announced Wednesday the arrest of Moneim Aboul-Fotouh, an ex-presidential candidate and vocal critic of President al-Sisi whom he urged step down for failing to address the country’s challenges. The candidate in the 2012 post revolution election was arrested upon his return from London where he gave an interview criticizing President al-Sisi and […]
Egypt: Former Head of Anti-corruption Watchdog Arrested
Former head of Egypt’s anti-corruption department Hisham Geneina has been arrested on Tuesday, after he claimed that former army chief of staff Sami Anan is in possession of secret documents that implicate leaders of President Fattah al-Sisi’s regime, his lawyer and his sister told the media. Hisham Geneina, according to his lawyer Ali Taha, was […]
US Urges free, Transparent Vote in Egypt
US Secretary of State Rex Tillerson on Monday called on Egypt to hold free and transparent presidential elections next month in a vote that is smeared by crackdown on President Sisi’s rivals and marked by wave of oppression. Tillerson, who began a five-nation visit to the Middle East with a stop in Egypt Monday, touched […]









