Egypt: Approval of IMF recommendation for bigger role of private sector

Egypt’s President Abdel Fattah al-Sisi on Thursday approved a document outlining 62 economic activities the state will withdraw from and turn over to the private sector, a cabinet statement said. The document’s approval was required by the International Monetary Fund, which this month approved a $3 billion financial support package for Egypt. The statement said […]

Yemen: From Arab Military Action to Birth of Permanent Force?

As Saudi Arabia and its Arab allies joined forces to stop the Iran-backed Houthi Shiite insurgents from tightening their grip on the impoverished country, many analysts say this joint Arab move to defend the legitimate Yemeni government may lead to the creation of an Arab army, a dream which has so far been an elusive […]

Libya: Mysterious warplanes shell IS’s positions in Sirte

Unidentified warplanes carried air strikes on IS’s positions in the Libyan city of Sirte Thursday shortly after mid-night, witnesses said. The air-strikes the second this month targeted IS fighters’ positions in former ruler Muammar Gaddafi’s hometown. It is still unclear who was behind the military raid as neither Libya National Army (LNA,) its affiliated militias, […]