Underground Egyptian Cell Nabbed in UAE

United Arab Emirates security services have said they disrupted lately an Egyptian Muslim Brotherhood network that “recruited Egyptian expatriates in the UAE” and “received instruction on means of changing leadership in Arab countries”. According to Al-Khaleej newspaper, the group, made of a dozen people including three doctors, held “secret meetings” across the oil-rich country, set […]

Morocco: Attijariwafa Bank Eyes Takeover of Barclays’ Egypt Branch

Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]

Tunisia: President’s Son to Lose Position of Executive Director in Nidaa Tounes

A group of key members of President Caid Essebsi’s party Nidaa Tounes Sunday in Sousse called for suppressing the party’s position of Executive Director occupied by Hafedh Caïd Essebsi, son of the president and deemed source of division in the party. The group, calling itself reform and rescue group, argued that the party needs new […]