CAIRO, Egypt (AFP) – by Maram Mazen The International Monetary Fund said Thursday that it had reached an initial agreement to lend $12 billion to Egypt to bolster an economy battered by years of unrest. The Egyptian government hopes the three-year deal will provide a lifeline for the North African nation as it grapples with a dollar shortage and dwindling foreign reserves. The agreement, which will have to be ratified by the IMF and Egyptian authorities, […]
Tag: Egypt
Egypt former anti-graft head gets jail term for exaggerating corruption
CAIRO, Egypt (AFP) – Egypt’s former anti-corruption chief was sentenced Thursday to one year in prison on charges of having exaggerated the impact of graft on the country. Hisham Geneina, head of the Central Auditing Authority until his dismissal in March by President Abdel Fattah al-Sisi, was also ordered to pay a fine of 20,000 Egyptian pounds (around $2,000). The retired judge’s troubles began after he quoted a study by the authority based on 2012-2015 reports that […]
EgyptAir black box confirms smoke on board: probe
CAIRO, Egypt (AFP) – Data from one of the black boxes of a crashed EgyptAir plane showed smoke alarms had sounded on board, while soot was found on the wreckage, an Egyptian-led investigative committee said Wednesday. The black box had been retrieved from the bottom of the Mediterranean after the Airbus A320 with 66 people on board plunged into the sea on May 19 while heading to Cairo from Paris. It had recorded the flight’s data […]
Plane crash prolongs Egypt’s economic misery
CAIRO, Egypt (AFP) – by Maram Mazen Egypt’s latest air disaster is another crushing blow to a country whose tourism-dependent economy is struggling to recover from years of jihadist attacks and political turmoil, analysts said. The crash is the third airline incident in less than a year involving the Arab world’s most populous nation, undermining efforts to attract tourists and their much-needed revenues. Officials said it was too early to know whether technical failure or […]
Egypt releases footage of man described as hijacker at airport
ALEXANDRIA, EGYPT -Egypt’s interior ministry released footage on Tuesday (March 29) of a man they described as the hijacker of an Egypt air plane, passing through airport security before boarding the flight. The footage was posted on the interior ministry’s social media accounts. It shows a screen showing people by a luggage x-ray machine before a person circled in red passes through. He appears to place his bag on the machine and pass through an […]
Hundreds protest in Cairo over police shooting
CAIRO, Egypt (Reuters) — Hundreds of protesters gathered in front of the Cairo security directorate on Thursday (February 18) night after a policeman shot dead a man in the street, in the latest outburst of anger over alleged police brutality in Egypt. A statement from the Cairo security directorate said the policeman had shot dead a driver after an argument and was forced to flee a mob of local people who attempted to catch and […]
Egypt train crash leaves more than 100 injured – local media
BENI SUEF, Egypt (Reuters) — Over 100 people were wounded when a train crashed into concrete south of Cairo in the early hours of Thursday morning (February 11), according to Al-Ahram state media. Tens of ambulances were rushed to the scene to treat the wounded, however local news reports said that the injuries were minimal. The train was headed from Aswan to the capital Cairo. The train collided with a concrete block which led it […]
Egypt launches Fossil and Climate Museum
CAIRO, Egypt – The United Nations Development Program, in cooperation with the Italian government, has opened a Fossil and Climate Museum south of Cairo, Egypt in the location known as the Valley of Whales. Said museum features the largest pair of whale skeleton and is intended to develop eco-tourism in the said area. (Eagle News Service Described by Jay Paul Carlos, Video Editing and Uploaded by Vince Alvin Villarin)
Egypt convenes first parliament in 3 years
Egypt’s new parliament convened on Sunday, in its first session in three years, signaling the end of the country’s political roadmap that started in 2013. For the first time since it was dissolved in 2012, and despite the daunting task, the 596 members of parliament were excited about their work. “For 40 years the Egyptian people have only expected limited services from the parliament members. Today they hope that they will have a strong foundation […]
Russian airliner crashes in Egypt’s Sinai peninsula, 224 passengers aboard killed
(Reuters) — The wreckage of a Russian airliner carrying 224 passengers that crashed in Egypt killing all on board lay scattered along the Sinai peninsula’s mountainous dry landscapes on Saturday (October 31). The Airbus A321, operated by Russian airline Kogalymavia under the brand name Metrojet, was flying from the Red Sea resort of Sharm el-Sheikh to St Petersburg in Russia when it went down in central Sinai soon after daybreak, the aviation ministry said. A militant group affiliated […]
Egypt pledges cooperation with Mexico after its military kills tourists mistaken for terrorists
(Reuters) — Family members in the Mexican city of Guadalajara were notified on Monday (September 14) of their relatives’ injuries and deaths after an Egyptian Army aircraft hunting for militants in the desert mistakenly bombed a convoy of mostly Mexican tourists, reportedly killing 12 in total. Survivors said their group was bombed from a plane and helicopters. As members of the tourist convoy tried to flee, additional forces on the ground fired on them, Egyptian […]
Kerry says Iran nuclear deal will make Egypt, Middle East region, safer
(Reuters) — A nuclear deal signed between Iran and world powers last month will boost security in Egypt and the Middle East region, the U.S. Secretary of State said in Cairo on Sunday (August 2). “There can be absolutely no question that if the Vienna plan, fully implemented, it will make Egypt and all the countries of this region safer than they otherwise would be,” said John Kerry, during the first “strategic dialogue” talks between […]





