First Independent Mena Newspaper
A sovereign bond worth almost a billion dollars could go on sale by the end of this month although it could be pushed back to latter date depending on the advice the central bank receives. The bond is likely to be of medium term maturity. The governor of the kingdom’s central bank, Abdellatif Jouahri, was […]
According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by 2017. This expected rise is partly driven by the fact that conventional investors look to securities backed by tangible assets. South East Asian economies, especially Malaysia is pushing to play the […]
Results of a campaign to collect arms and ammunitions from civilians is considered to be encouraging after hundreds of them handed over their weapons to national army troops stationed in Tripoli, Benghazi, Zintan and Yefrin. The action is in line with the government’s ambitions to curb the level of insecurity in the country after an […]
Arab Interior ministers have pledged to tighten borders security and control to prevent arms smuggling in the Arab world at the current turbulent and fragile regional and international juncture. At the end of their meeting held lately in Tunis, top Arab security officials stressed the need to enhance coordination and information sharing between Arab counter-terrorism […]
Mauritania, one of the world’s poorest countries, has received over $ 10 Million grant from the European Union to help the country enhance its border security and strengthen its capacities in the fight against terrorism and all forms of illegal activities (drugs, weapons & human traficking), sprouting in the region. The grant will enable Mauritania […]
Low cost carrier Air Arabia will start on October 28 offering five weekly flights between Morocco and the United Kingdom, bringing closer the two countries. The new non-stop service, which responds to an increasing passenger demand, will connect Moroccan cities of Casablanca and Tangier to London. The new weekly flights between Casablanca and London-Gatwick Airport […]
US House lawmakers have blocked a $450 million emergency aid the Obama administration was planning to give to the new government of President Mohammed Morsi, facing unprecedented economic crisis, with an estimated budget deficit of $12 billion. Republican Rep. Kay Granger of Texas, chairwoman of the Appropriations subcommittee on foreign operations, says “I am not […]
The current international environment has been significantly shaped by three defining events: the eurozone crisis, the ‘Arab Spring’ accompanied by the rise of political Islam in North Africa and the Middle East, and the continuing rise of China’s global influence. A closer look at these three seemingly disconnected events reveals that they are in fact […]
There was no breakthrough in the East China Sea island dispute between China and Japan on the sidelines of the UN General Assembly in New York. Foreign ministers Koichiro Gemba and Yang Jiechi were reported to have had a “severe” exchange. This is bad news for business in the region as the row with China […]
Leading international law firm, Clifford Chance, has officially opened its office in Casablanca on Thursday, giving the firm’s strong Africa practice its first permanent on the ground presence in the continent. The new office will act as a hub for clients across North and Sub-Saharan Africa and will build on the firm’s extensive existing business […]