Egypt Headlines

Egypt-Israel: Tel Aviv re-opens mission in Cairo four years after forced closure

Israel Wednesday officially re-opened its mission in Cairo four years after the building was stormed by protesters in September 2011, forcing the ambassador to operate from an unofficial location. The re-opening ceremony was attended by director-general of the Israeli Foreign Ministry Dore Gold, the Israeli and US ambassadors to Cairo and other diplomats. Gold said […]

Headlines Morocco

Laurent-Graciet Case: New Twists, More Outcries

Each day brings a new twist in what has become known as the Eric Laurent-Catherine Graciet case while condemnations, especially on the part of French and Moroccan media, are still pouring down on the two French journalists who are standing before court for attempted blackmail and extortion against the King of Morocco. Besides the reporters […]

Finance Headlines Tunisia

Tunisia: Lagarde acknowledges Tunisia’s resilience

International Monetary Fund Director General Christine Lagarde voiced the international financial institution’s determination to support Tunisia in a “widened partnership” and renewed her confidence in Tunisia’s ability to face its challenges. Lagarde who arrived in Tunisia on Tuesday for a two-day working visit, her second to the North African country since she took office, made […]

Asia International

Lebanon: Berri Dialogue begins today, controversial views persist

The dialogue initiated by Parliament Speaker Nabih Berri, after last week’s 28th effort to elect a president failed, is to kick-off on Wednesday and press reports have quoted him as saying “I will exert all efforts to reach a result.” If he fails to do so, he said he will move on to other items […]

Asia International

UN to Discuss Conflicts Resolution in North Africa & Middle East

The United Nations Security Council will hold September 30 a debate on the conflicts threatening peace and stability in the Middle East and North Africa. The debate is organized by Russia which took over Tuesday the monthly UN Security Council rotating presidency. According to Russian envoy to the UN Vitaly Churkin, the debate, to be […]

Egypt Finance Headlines

Egypt wavering over depreciation or depleting reserves

“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]

Asia International

Palestine: PNC meeting in shambles

Barely a week before the Palestinian National Council (PNC) holds its first meeting in almost 20 years, doubts started to emerge regarding its holding as scheduled, some officials having claimed that it has been postponed while others have denied the claims. Hamas Chief Khaled Meshaal said the meeting should be postponed until there is “a […]

Algeria Energy Headlines

Algeria: “No need for foreign stimulus package to overcome financial crisis”, Finance Minister

Algerian Finance Minister declared Sunday that despite current economic down-turn of the Algerian economy due to acute collapse of oil price, Algeria does not need foreign intervention to balance its budget, saying that the government will lean on domestic economic potential to keep its head above water. “Algeria does not need foreign debt, it needs […]

Headlines Libya

Libya: political agreement due for September 20, Leon exalted

The ongoing Libyan dialogue in Geneva may yield a quick agreement by September 20 according the UNMIL Chief Bernardino Leon who praised the climate of talks. The UN envoy for the Libyan political crisis sounded very optimistic on the second day of the dialogue that has registered the participation of the hardline General National Congress […]

Headlines Tunisia

Tunisia: security stepped up to ward off eminent attacks

The Tunisian Interior ministry on Sunday warned that eminent terrorist attacks were looming on capital city Tunis and ordered stepping up security measures. The interior ministry said it received intelligence reports about unnamed terrorists plotting attacks against sensitive and vital sites in Tunis using car bombs and explosive belts. According to an interior ministry official, […]