First Independent Mena Newspaper
As Egypt’s fiscal year for 2017-2018 will be commencing on July 1, the Finance Ministry has announced that a “social package” aimed at easing the pain of the ongoing austerity measures will be included in the budget. More than 90% of the citizens will benefit from the package through food subsidies, tax breaks and increment […]
Egypt’s highest administrative court Tuesday issued a new verdict opposing Egyptian parliament’s approval of government decision to surrender Tiran and Sanafir islands in the Red Sea to Saudi Arabia. The Tuesday ruling is the second by the court. The court, the highest judicial entity to settle administrative disputes, last year ruled against the Egyptian government’s […]
A criminal court in the Egyptian capital Monday pressed a ten-year condemnation against First Lt. Yaseen Hatem accused in 2015 for killing political activist Shaimaa Al-Sabbagh on the fourth anniversary of the Egyptian 2011 revolution. The Monday ruling is the second verdict on the case after another court condemned the officer to 15 years in […]
Millions of commuters across Egypt will benefit from a €290 million financing provided by the EBRD to support the Egyptian National Railways (ENR) in its fleet expansion and upgrade of services. As part of ENR’s locomotive renewal program, the EBRD will finance the acquisition of up to 100 new diesel locomotives under a supply-and-maintenance contract […]
The Egyptian parliament Sunday convened for a two-day session to review the controversial 2016 agreement regarding the handing over of the islands of Tiran and Sanafir to Saudi Arabia, despite a ruling in January by the High Administrative Court that said the agreement is unconstitutional and void. The ruling upheld the verdict of a lower […]
Gaza Strip ruler Hamas Friday vigorously slammed the UN agency for Palestinian Refugees (UNRWA), which complained with the Islamist movement the discovery of a tunnel under an UN-built school in Gaza. UNRWA discovered on June 1 “part of a tunnel that passes under two adjacent agency schools in the Maghazi camp” during construction work, spokesman […]
Egypt Thursday called for an UN Security Council inquiry into accusations that Qatar allegedly paid around $1 billion as ransom to a terrorist group in Iraq to secure the release of 26 Qatari hostages, including members of the royal family, egyptindependent.com reports. Egypt’s call came on the backdrop of the rift in relations between Qatar […]
Morocco’s flag carrier, Royal Air Maroc, said that it maintains its five weekly flights to Doha although it cancelled flights transiting through Doha Airport to Saudi Arabia, the UAE, Bahrain and Egypt. The announcement was made on the backdrop of an unfolding crisis after several Arab countries, including Saudi Arabia, the UAE and Egypt cut […]
In Egypt, a consortium nine local banks have pledged to invest about $1.5 billion in a project to increase the North African nation’s electricity capacity. The financing, granted as a loan, will benefit the construction of a coal-fired power station with a capacity of 6,000 MW in the Hamrawein area in the coastal region of […]
Hamas has reacted in disbelief after the Saudi’s Foreign Minister Adel al-Jubeir termed it as being part of the extremist and terrorist groups supported by Qatar. A statement released by the Gaza-based group stated that remarks made by the Minister are “a shock to our Palestinian people and to our Arab and Islamic nation, which […]