First Independent Mena Newspaper
The African Export-Import Bank (Afreximbank) has agreed to extend Egypt a $ 500 million credit line to support its trade projects and exports to other African countries. The deal was confirmed by the Egyptian Trade Minister Mounir Fakhry Abdel-Nour on the sidelines of the economic summit held earlier this week in the resort of Sharm […]
A strong Egyptian delegation, including several ministers, is in Ethiopia for a two-day working visit for the fifth session of the joint Egyptian-Ethiopian committee. The session seems to be focused on reinforcing bilateral and trade ties between the two countries despite their differences over the Renaissance Dam project. The visit is seen by Cairo as […]
Relationship between Turkey and Egypt has been dealt another blow after Cairo stated that it will not be renewing the cooperation agreements with Ankara when they expire. Amongst them is the important transit-trade agreement that is set to expire in March next year. Turkey is yet to be officially informed. Hwaida Essam Abdel Rahman, Deputy […]
Two US top diplomats, State Department Counselor Thomas Shannon and David Thorne a senior advisor to the Secretary of State, are in Egypt to widen the cooperation ventures between the two countries. Relationship between Washington and Cairo was tense when the former decided to suspend some of its military aid to the North African country […]
Egypt’s Tourism Minister, Hisham Zaazou, has decided not to be pulled back by the sporadic violence and bombings to promote and develop what was once a renowned industry and an important sector of the economy; Tourism. He is targeting tourists from around the globe to revive the vibrancy of the sector. Almost 2,5million Russians visited […]
Egypt’s Minister of Trade and Industry, Mounir Fakhry Abdel Nour, said on Monday (17 February) that the energy problem in his country would carry on this year and there is no different option but to import energy to guarantee the operation of factories and ensure sufficient supplies for the industrial sector. In his opinion, the […]