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MENA: Arab Spring transitional countries boosted
A statement released by United Kingdom’s foreign ministry has stated that the government, in partnership with several international financial institutions, will be holding a Deauville Partnership Investment conference in September. The conference is aimed at promoting investments, trade and supporting new investors in transitional countries marred by the Arab Spring. The European Bank for Reconstruction […]
Algeria wants global effort to end price fall
Algeria is trying to rally members of the Organization of Petroleum Exporting Countries (OPEC) as well as non-members to work towards stopping the fall of oil prices. President Bouteflika has sent messages to more than 10 countries regarding the issue and Energy Minister Youcef Yousfi met with Angola’s Oil Minister Jose Maria Botelho de Vasconcelos […]
Egypt Could Secure $10 bln from IMF – Central Bank
Egypt could secure up to $10 billion from the International Monetary Fund (IMF) by agreeing to a structural reform program, the central Bank said on Monday. The announcement follows an earlier comment by a cabinet minister on Monday that Egypt had last week started negotiations with the IMF for a $5 billion loan. Since the […]



