First Independent Mena Newspaper
While Syria is tumbling deeper into the abyss with the participation of Lebanese Hezbollah in the fierce combats waged by the Syrian army to drive back the rebels and seize the strategic city of Qousseir, the international community seems time pressured to find a solution to this conflict in which over 94,000 persons have reportedly […]
Egyptian stock markets began the week in a state of stagnation with almost no news to inspire the local market. However, one of the big icons of its market, Orascom Telecom Holdings was nearly taken out of the exchange list after almost 10% of its shareholders were bought out. The delisting of the telecommunication firm […]
The World Bank has voiced support for the efforts made by Algeria to diversify its oil-dependent economy, boost the private sector, improve governance and create job opportunities for the young people & graduates. At the end of a three-day visit to the North African country, WB Vice President for the Middle East and North Africa, […]
Over 40 nations from the five continents have participated earlier this month in mine-warfare exercises in the Gulf not far from Iranian coasts. The some 35 ships, 70 aircraft, and 6,500 personnel from 41 countries which participated in the exercises practiced not only mine warfare and minesweeping, but also tested the ability to command and […]
Cairo’s central museum located at the Tahrir Square is staring at country’s ancient artifacts degrade to irreversible state due to the lack of funds. Experts have warned that the artifacts are being kept under poor conditions and have called for action. The museum is filled with relics from the prehistoric, Roman and predominantly the era […]
State-owned Société de Gestion des Participations Industries Manufacturières (SGP-IM) has concluded an agreement with Taypa Tekstil Giyim, a Turkish company, to construct a multi-million dollar textile-clothing industry center in Algeria. The partnership is a part of the government’s efforts to promote joint public-private venture in the country and to attract foreign investment. The North African […]
The Tunisian government and Orange Tunisia have concluded a partnership agreement with Interoute for the commissioning of a submarine which will link the city of Kélibia, to Interoute’s pan European fiber optic network, to its landing station on the other side of the Mediterranean in Mazara del Vallo, Siciliy, Italy. The submarine which is baptized […]
The Shura Council’s last week decision to raise taxes on bank loan provisions has generated discontent from the banking sector, after the amendments were submitted to the legislature without being discussed at the Shura. Banks in the country criticized the move which was initiated by a parliament member from Muslim Brotherhood’s Freedom and Justice Party. […]
The Libyan ambassador to India, Ali Al-Issawi, said they have solicited India’s support in order to learn from its experience in drafting a constitution and rebuilding an economy. Ambassador Al-Issawi said they “are building the system from scratch” and they will need help in certain areas like parliamentary system and local administrative setup. Political figures […]
Algerian Customs officers and borders agents have discovered lately radioactive waste in three containers shipped from China to Algiers port. According to Algerian local press, the tests carried out on the suspected hazardous merchandise and material found in the containers were indeed radioactive stones and rocks. The containers were imported by an Algerian businessman. Investigators […]