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France: Wanted ex-GIA Islamist Nabbed in Switzerland

Swiss justice authorities Thursday pinned down Merouane Benahmed, former member of the Algerian Armed Islamic Group, on the run from French authorities that had put him under house arrest. The 43-years old man was arrested at Vallorbe, in the canton of Vaud as he showed up at a Swiss registration center to apply for political […]

Egypt : 10% tax on capital gains and stock dividends introduced

One of the first economic reforms under President Al-Sisi has been announced. Henceforth, a 10% tax will be levied on capital gains and stock dividends but the percentage could be lowered to 5% in some cases. The taxes are expected to generate between 3,5 and 4,5million Egyptian pounds. The new law was approved by the […]

Iran: new missiles and artillery

In a large scale military training destined at sending strong signals to those who might be threatening Iran’s security will be presenting new missiles and artillery systems. The head of Iran’s air defense headquarters, Farzad Esmaili, said the three domestically-built missile and artillery systems would be a significant boost to Iran’s military defenses. One of […]