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Economic Prospects for North Africa:Managing Risks and Expanding Opportunities

Three years down the road from the wave of Arab Spring revolutions that affected the Middle East and North Africa region, MENA economies remain depressed. Egypt’s gross domestic product contracted by about 3 percent in the second quarter of 2013 while the growth rate amounted to only 2 percent last year, when compared to 2.3 […]

Egypt: Court Nullifies Transfer of Islands to KSA, Government to Hit back

Egypt’s Highest Administrative Court Tuesday ruled as “unconstitutional” the Government’s April decision to transfer two Red Sea Islands to Saudi Arabia and the cabinet announced that it would appeal the decision. The court indicated that the decision was illegal and violated the Egyptian constitution, ordering that the islands of Tiran and Sanafir should remain part […]

Tunisia: Terror cell planning attacks in Tunis dismantled

Tunisian security authorities announced Wednesday that they busted a terror cell planning terrorist attacks against political figures, media personalities as well security officials. The North Africa country has been since the 2011 revolution haunted by terror groups. The Islamic State group (IS) masterminded three major terror attacks last year in capital Tunis and at resort […]