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Tunisia to tap Sukuk market

Tunisia will be introducing its financial transactions to Sukuk for the first time next year alongside Egypt according to CIMB Group Holdings and OCBC Al-Amin Bank with the global sukuk sales tipped to surpass 2012 record of $46 billion in 2013. Sukuk has been attracting countries after the global economic crises took centre stage. Countries […]

Polisario Fate Hinges on Outcome of Presidential Vote in Algeria

As uncertainty continues to hover over the presidential elections in Algeria, slated for Dec.12, due to the massive popular opposition to this disputed vote, the polisario leadership are deeply worried that the contested presidential poll takes a dramatic turn. The polisario leaders have been in a “wait-and-see” mode for several months, as their mentor is […]

Egypt Air operates third new African route this year

Egypt’s flag carrier Egypt Air carried out Sunday its first flight to Douala, Cameroon, with the Central African country becoming the third new destination of the airline after new routes to Rwanda and Côte d’Ivoire. The maiden flight to Cameroon’s second city came from N’Djamena, Chad, via Cairo. The airline in a statement said it […]