First Independent Mena Newspaper
Shortly after Prime Minister Ali Zeidan’s return from an overnight visit to Egypt, a source close to his cabinet have revealed that the visit was centered on developing bilateral economic relations amongst which is the establishment of a free trade zone. Part of Prime Minister Zeidan’s visit was aimed at how to get Egyptian companies […]
Tunisian Finance Minister Elyes Fakhfakh, has announced the introduction of its planned reform of the country’s tax system which will affect the direct, indirect and local taxations. Task groups have been set up by the ministry to propose ideas about how to revolutionize the tax system, modernize and adapt it to the country’s realities. Tunisia […]
The US navy has launched on Tuesday for the first time the X-47B drone from the USS George H.W. Bush nuclear-powered aircraft carrier. The first 65-minute test flight of the remotely piloted combat aircraft, from the carrier at sea to the Navy’s “Pax River” test site ashore, has enabled to validate among others the flight […]
Technology giant, Samsung Electronics has announced that it will be establishing a factory in Egypt; making it the first of its kind by the company in the MENA region. The factory which will be located at the Kom Abu Radi Industrial Zone in Al Wasta City, Beni Suef will be covering 336,000m². The announcement was […]
The National Council of the Istiqlal Party decided on Saturday to withdraw from the Moroccan coalition government led by the Islamist Party for Justice and development (PJD). The decision was not a surprise to analysts who see in it the normal outcome of the fierce and controversial opposition the Istiqlal Party’s Secretary General Hamid Chabat […]
Oil minister Al Arusi has announced that they will be joining the campaign against the sensitive fuel market reforms and will also be scrubbing off oil subsidies, which take more than 10% of the budget, before the end of 2016. The decision to remove fuel subsidies on all types of fuel is blamed on smuggling […]
Security issues and fight against terrorism were at the center of a phone conversation earlier this week between US President Barack Obama and Morocco’s King Mohammed VI. “The two leaders discussed the importance of continuing to deepen our bilateral cooperation, especially on regional security matters of mutual concern,” said a press release issued by the […]
Libya’s leading internet service provider, Rawafed Libya, has concluded a wholesale multi-year agreement with Eutelsat Communications on the KA-SAT satellite, to upgrade its services to another level. The agreement will enable it to have a 1.6Gbit/s capacity on two KA-SAT spot beams, which will be used to provide the best available services to its new […]
Al-Qaida affiliate in North Africa has renewed its terrorist threats against France and all countries taking part in the French-led military campaign in Mali where the Islamist radical groups have tried to impose the Islamic sharia law in the northern region of the impoverished African country. In a message posted on YouTube, Abu Obeida Yussef […]
The International Monetary Fund (IMF) has announced that it will be holding back on negotiations for the $4,8billion loan to Egypt, because the country’s financial situation is worsening. It has decided to only continue with talks when it receives updated economic information and reform plans from the government. The freezing of negotiations which have been […]