The Egyptian government has accused banned Muslim Brotherhood of tarnishing the image of President Sisi after an audio of almost 6minutes was aired on Mekameleen channel in Turkey. The audio had two voices of which one is alleged to be that of Sisi. The recorded voices were talking about how to obtain money from the […]
Author: North Africa Post
Iran: Kerry and Zaref agree that talks could be useless
Nuclear talks with Iran could come to an end after U.S. Secretary of State John Kerry and Iranian Foreign Affairs Minister Mohammad Javad Zarif gave hints at the end of their meeting in Munich on Sunday that continuing the talks could be a waste of time. Nuclear negotiations with Iran were extended at the end […]
Syria: Army of Islam shells Damascus, government responds with airstrikes
Shells fired by the Army of Islam militants into the Syrian capital Damascus have killed at least 5 people and there are threats that more will follow. The government responded by launching more than 70 airstrikes in the Eastern Ghouta district, where the militants are based. This is the second attack the group has launched […]
Arab countries and Iran to invest $ 755 Bln in energy by 2019
The Middle Eastern and North Africa (MENA) countries will invest 755 billion dollars in energy projects in the next five coming years despite the falling oil prices, according to an economic study released on the 4th February 2015. Approximately 42% of these investments of USD 316 billion will be spent in power generation, 31% from […]
Swiss Belhotel International is planning to set up in Morocco, Egypt and Tunisia in 2015
The Swiss hotel group Belhotel International plans to set up in Morocco, Egypt, and Tunisia in 2015 as part of an expansion plan in the Middle East & North Africa (MENA), said the group leader. “We want to enter into new markets, including Turkey, Egypt, Tunisia and Morocco in 2015”, said the head of the […]
Tunisia: Parliament votes confidence to the new government
The Tunisian Parliament has met on the 4th februry for the vote of confidence to the new government and its newly appointed prime minister, Habib Essid, who has announced an inclusive coalition government whose members include representatives of the Islamist Ennahda (69 seats in paliament), party and the winner of legislative, Nidaa Tounès (86 seats). […]
Egypt : Qaala Holding divests stake in Pharos at $ 5.3 million deal
The investment firm Qaala Holding, previously known under the name of Citadel Capital, sold its direct and indirect shareholdings in Pharos Holding for Financial Investments, which amount to 80%, in a deal of 40 million Egyptian pounds ($ 5.3 million). According to the company’s statement, the divestiture is part of its plans to sell non-core […]
Israel urges entrepreneurs to focus on Asia
The Israeli government is urging entrepreneurs to switch their attention to Asia as a precautionary measure regarding the unfavorable developments in some European markets. Several companies have already followed the strategic decision as the demand for Israeli developed technology continues to rise. Authorities claimed that anti-Semitism is rising in Europe and the pro-Palestinian boycott, divestment […]
Egypt: $8.2 billion Suez Canal lane to be inaugurated in August
Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]
Libya: Rivals fight over eastern ports despite peace efforts
Fighting for the control of the eastern Es Sider and Ras Lanuf oil ports has started again with between the two rival governments and both sides are claiming that they are having the upper hand. The ports are being controlled by militants loyal to the Tobruk government but Tripoli has been trying to force them […]









