refugies

World Bank downgrades Algeria to lower middle-income status

The World Bank, the second largest international economic institution with the International Monetary Fund (IMF), has officially downgraded Algeria to lower middle-income status, a category of countries where income is considered “lower middle”. This new World Bank ranking is very bad news for Algeria, which is beginning to worry the international community because of its […]

Egypt to launch national industrial strategy on October 25

Egypt is set to launch on October 25 its national industrial strategy in cooperation with an international company, reports say. Ahmed Samir, the North African country’s Minister of Trade and Industry told “Asharq Business” that the strategy includes all industrial hubs, linking the Egyptian industry with industrial sector variables around the world. In line with […]

Mauritania: Senate & Ruling Party at Odds over Constitutional Change

Tension is growing between the Mauritanian Senate and the ruling Union pour la Republique party (UPR) over regime’s plans to suppress the chamber without consulting its members as enshrined in the constitution. The Mauritanian regime last month organized a national dialogue to lead to a referendum over the replacement of the senate by regional councils […]