First Independent Mena Newspaper
The terror attack perpetrated on a mosque in Egypt’s restive northern Sinai during the Friday prayers recorded the heaviest toll ever among civilians in the province. At least 235 people were killed and another 109 injured in the attack on the Al Rawdah mosque, situated in the village of Al Rawdah between Bir Al-Abed and […]
Egyptian prosecutor ordered the arrest of 29 people on charges of spying for Turkey and plotting to revive the outlawed Muslim Brotherhood organization. A statement of the Egyptian general prosecutor accused the arrested individuals of “spying in favor of Turkey and membership in a terrorist organization”. The statement added that Egyptian intelligence service uncovered a […]
The European Bank for Reconstruction & Development (EBRD) is supporting small and medium-sized businesses in Morocco, Tunisia & Egypt with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings. This is the third fund of Mediterrania Capital Partners, […]
Egypt’s tourism revenues were hard hit by a travel ban on its popular winter sun destination of Sharm el-Sheikh, which continues to be maintained by the UK. A charm offensive has been launched by Egyptian authorities to highlight the attractions of other Red Sea resorts since the UK banned its airlines to land in Sharm […]
The Egyptian foreign ministry announced Sunday it summoned the envoys of several Western countries, including Germany, the Netherlands, Italy, Canada and Britain to protest against ‘meddling in Egypt’s internal affairs’ concerning the case of human rights defender Ibrahim Metwally, currently detained in prison. Cairo in a statement said it strongly disagreed with these countries, which […]
Thousands took the streets of different Moroccan cities in jubilation after Wydad Athletic Club of Casablanca won the 2017 CAF Champions League by defeating Al Ahly of Egypt 1-0 in the second leg of the final. The victory qualifies Wydad Casablanca to represent Africa at the FIFA Club World Cup 2017 which will take place […]
Rights groups have alerted French President Emmanuel Macron over hosting Egyptian President Fattah al-Sisi who has rolled back human rights in the North African country since he seized power in 2013. President al-Sisi is paying as of this Tuesday (October 24) a two-day visit to France, with discussions to touch on bilateral cooperation, including arms […]
Washington, which already froze military assistance package to Egypt over its intriguing relations with Pyongyang, has reiterated its demand to Cairo to curtail all ties with its historical North Korean ally. London-based The New Arab revealed that diplomatic sources familiar with ties between Egypt and the US pointed out that Washington requested that Cairo closes […]
Washington in August froze $300 million military aid to Cairo after US intelligence intercepted a shipment of 30,000 grenades from North Korea to Egypt under an apparent secret deal violating international sanctions against the rogue state, reports suggest. The Trump administration unexpectedly put halt to the money citing the North African country’s poor human right […]
Leading Moroccan bank, Attijariwafa Bank, is expecting its newly acquired Egyptian unit to be its major growth driver in coming years and is planning to expand its operations by adding new branches and hiring staff. The bank anticipates that the Egyptian operation will contribute 12% to 14% of its net income in 2018, with revenue […]