LNA spokesman Ahmad al-Mismari

Egypt: “Suez Canal expansion, more of a political benefit than economic good,” pundits

Economic experts and businessmen familiar with the Suez Canal say the expansion of the canal may not yield the results claimed by authorities. The new canal, to be inaugurated in great fanfare this Thursday, is already raising criticism and doubt. Ahmed Kamaly, an economist with the American University in Cairo indicated that the mega project […]

Morocco Disrupts another Terror Plot

It seems that the terror war waged by Morocco, one of major allies of the West and the U.S. in the region, will never stop. It becomes increasingly clear that the war on terrorism is permanent as the Islamic fanatics and extremists look determined to wreak havoc. The tireless efforts made by Moroccan security agencies […]

Libya contemplates seizure of Zambia’s international assets over $380-million debt

Libya’s telecommunications investor LAP GreenN, controlled by the UN-backed Government of National Accord (GNA) is considering seizure of Zambia’s international asset in a bid to recoup $380 million that Southern African country owes it.   The debt, LAP GreenN notes, dates back to Zambia’s nationalization of Zamtel in 2012, a year after LAP GreenN bought […]