First Independent Mena Newspaper
The Egyptian Parliament has endorsed two significant oil agreements, authorizing the Ministry of Petroleum and Mineral Resources to formalize contracts with Russian energy giant Lukoil, further cementing Cairo’s strategic alliance with Moscow in the energy sector. The first deal grants exploration and production rights to Lukoil Overseas Egypt Ltd., in partnership with the South Valley […]
The official opening of the African Space Agency (AfSA) headquarters was held in Cairo on Sunday, April 20, where the facility was unveiled within Egypt’s national Space City. The agency, which is intended to serve as a central hub for Africa’s space ambitions, had been established following Egypt’s selection as host by the African Union […]
A significant reduction in maritime traffic through the Suez Canal has been recorded, with figures showing a nearly 50 percent drop in the first quarter of 2025, according to statements made on Wednesday, April 16, by Suez Canal Authority (SCA), Chairman Osama Rabie. The decline has been attributed primarily to ongoing security threats in the […]
The European Commission has designated seven countries — including Morocco, India and Colombia — as “safe countries of origin,” paving the way for accelerated deportations of failed asylum seekers, despite some ongoing concerns over human rights conditions. Morocco, Egypt, and Tunisia have been major departure points for irregular migration to Europe, particularly across the central […]
The U.S. Embassy in Cairo has announced the successful signing of three major contracts between Progress Rail, an American company, and Egyptian National Railways, collectively valued at over $235 million. The agreements, which were formalized on Wednesday, April 9, 2025, at the Ministry of Transportation, mark a significant step in enhancing U.S.-Egyptian business relations while […]
Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]
Egypt’s men’s sabre team achieved a historic victory, clinching their first-ever gold medal at the World Cup after defeating the hosts, Hungary, in Budapest on Sunday March 30. The Pharaohs’ squad, consisting of Ziad Elsissy, Mohamed Amer, Adham Moataz, and Mazen El-Araby, triumphed with a 45-37 win over Hungary, marking a remarkable achievement for Egyptian […]
A deadly incident occurred in Egypt’s Red Sea on Thursday March 27 when a tourist submarine sank during a trip to the resort city of Hurghada. The submarine, named Sinbad, was carrying 45 foreign tourists, including Russians, Indians, Norwegians, and Swedish, as well as five Egyptian crew members. Six Russian nationals tragically lost their lives […]
The United Kingdom’s decision to invite the United Arab Emirates (UAE) to an upcoming London conference on Sudan’s humanitarian crisis has drawn sharp criticism from Sudan’s army-aligned government. The conference, scheduled for 15 April, aims to address the escalating humanitarian crisis in Sudan, which has displaced millions and led to widespread famine. However, the absence […]
Egyptian President Abdel-Fattah El-Sisi disclosed that the country is losing approximately $800 million per month in revenue from the Suez Canal due to the ongoing regional tensions. He made this announcement during the annual Iftar banquet hosted by the Armed Forces. El-Sisi reflected on the challenges faced by Egypt over the past 15 years, highlighting […]