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Egypt: reforming the financial sector before 2014
Chairman Sherif Samy of the Egyptian Financial Supervisory Authority (EFSA) has stated that the financial sector will be revised before the end of the year in order to ease and fasten the transactions. Capital markets in Egypt suffered deeply from the revolution which began in 2011 forcing several foreign portfolio managers to withdraw their money […]
Libya: PM-Designate Fathi Bashagha announces arrival in Tripoli in few days
Libya’s Prime Minister-designate Fathi Bashagha has told the Financial Times he will enter capital Tripoli peacefully, in a few days, after a first attempt failed. “We will be arriving in Tripoli in the next few days and there will not be another parallel government,” Bashagha said in a telephone interview with the Financial Times. The […]
Algeria fosters vassalization of Tunisia with defense pact
Tunisia’s latest defense agreement with Algeria, signed on October 7 in Algiers, has sparked renewed debate over whether the country is still a sovereign state, or simply a well-behaved vassal of the Algerian military regime. The pact, signed by Algerian Army Chief of Staff General Saïd Chengriha and Tunisian Defense Minister Khaled Sehili, is said […]



