Turkey as a ‘Role Model’ in the MENA Region after the Arab Spring

The Arab revolutions of 2011 have brought into immediate focus the following question related to Turkey’s foreign policy: ‘Can Turkey’s economic and political model become a reference-point for the region’s post-autocratic societies, similar to the EU for east-central Europe after 1989?’. Indeed, many political observers see the revolutions in the Arab countries as a chance […]

Algeria: building a sustainable new city

Algeria will be building a new city with the name El-Menia in Constantine, with a budget of $2.4 billion over a 1.2 million sq m development project. The city is designed by Canadian firms Exp and Lemay with the aim of making it a sustainable new community and reducing its carbon footprint as much as […]

First Islamic Bank in Morocco Expected Next Year

Morocco will have its first Islamic bank next year, according to a statement made lately in Kuwait by governor by the central bank of the North African country Abdellatif Jouahri. Morocco will become thus the latest Muslim-majority country to develop a regulatory framework specific to Islamic finance after the parliament approved last year a bill […]