Israeli PM Naftali Bennett

Saudi Arabia’s PIF, London-based Cain invest $900m in Aman hotel group

Saudi Arabia’s Public Investment Fund (PIF) and London-based real estate investment firm Cain International have injected $900 million in luxury hotel group Aman, Zawya reports citing the two partners. “Our investment in Aman Group reflects PIF’s belief in the current potential of the hospitality and tourism industry, both internationally and in Saudi Arabia,” PIF Deputy […]

Algeria: Presidential campaign gathers momentum

With the upcoming presidential elections scheduled for next spring, Algeria seems to be heading toward a direction with uncertain outcomes. President Bouteflika who has ruled the country for 14 years, spanning 3 terms in office has made a recent appearance albeit in photographs, after more than 18 months of absence while undergoing medical treatment in […]

Tunisia: Strikes against budget draft increase, UGTT latest to join

Tunisia’s draft budget is being welcomed with strikes against its planned austerity measures and one of the country’s most powerful trade unions, the Tunisian General Labor Union (UGTT), announced a strike in the civil service on 8 December if the wages are not increased. The government is considering freezing wage increment in its draft budget […]