First Independent Mena Newspaper
Economic experts and businessmen familiar with the Suez Canal say the expansion of the canal may not yield the results claimed by authorities. The new canal, to be inaugurated in great fanfare this Thursday, is already raising criticism and doubt. Ahmed Kamaly, an economist with the American University in Cairo indicated that the mega project […]
President Al Sisi has announced that a “giant project” will be launched at a tune of $4billion for the construction of a canal parallel to the Suez Canal. The project is expected to increase trade and also double the country’s earnings by more than 100%. The Suez Canal is an important sea route but militants […]
President Abdel-Fattah El-Sisi used his speech marking the 23 July 1952 revolution anniversary to address state issues amongst which was also the much criticized snubbed ceasefire by Hamas. The 23 July 1952 revolution anniversary marks the end of monarchy in Egypt and paved way for a presidential system of government. The 1952 revolution was led […]
On a two-day visit to Moscow, Egyptian army chief Field Marshal Abdel Fattah al-Sisi was on Wednesday accompanied by Foreign Minister Nabil Fahmy to seal a lucrative arms deal and discuss areas of cooperation “in multiple fields”. The US$2 billion arms deal will mainly be funded by Saudi Arabia and the UAE. The expected Russian […]
Some Egyptians could be readying General Al-Sisi as the country’s next president after three campaigns supporting the cause kicked off. The General on the other hand has called for “quick political transition” in the interest of stability. Political pundits and figures believe that he stands a great chance to become the head of state despite […]