First Independent Mena Newspaper
Latelec manifested its desire to leave the shores of Tunisia, after a heavy loss due to frequent strikes caused by the revolution. An estimated loss of $22,5million has been registered by the French company which is a subsidiary to the group Latécoère. The company has plants in El Meghira and Charguia but the operations have […]
Algerian imams have been authorized to set up their own trade union that will stand as the advocate and protector of the Sunni Islam practiced in Algeria and as a bulwark against other religious trends, mainly salafism. The mission entrusted to the union mainly consists in defending the material and moral rights of imams and […]
President François Hollande of France is paying as of Wednesday a two-day state visit to Morocco, his first since his election in May last year. The aims of this visit are both political and economic, Morocco being France’s major partner in the Maghreb and France being Morocco’s closest friend in Europe. “The relationship between the […]
The economic partnership between Algiers and Paris is in the right direction and both partners are willing to improve on it in order to make it more conducive for national and foreign investors. Minister Rahmani is on a working visit to France to improve the cordial business relationship they share. He will be holding meetings […]
Alex Bank-Intesa San Paolo witnessed the March Entrepreneurs Festival and was impressed with the potentials showcased by the participants and their proposed projects. The festival which was held at the KEY Career Development Centre office was hosted by the Egyptian Junior Business Association (EJB) in cooperation with community service and environmental development organizations from several […]
Many foreign political analysts seem increasingly are concerned over the geostrategic implications of the rapid rapprochement between Egypt and Iran, two former foes that are apparently becoming new friends in the Arab Spring era! They are currently busing working to enhance their relationship and warm up their once frosty ties. Few days ago, the two […]
As the Dubai temperature was rising, the impatience of art enthusiasts could not be restrained. Festivities finally started on Tuesday March 19, with the Jumerah Patrons’ Preview. Art Dubai was launched. A champagne glass in hand, clichés were forgotten… The time of an exhibition. In partnership with Abraaj Group, the seventh edition of Art Dubai […]
Tatneft, a Russian oil company, has agreed to begin its operations again in Libya after the circumstances of the uprising against Ghadaffi no longer permitted its staff to continue with their daily activities at the Mellitah energy complex. The company said that its staff members have begun returning to the plant which is located in […]
Emaar Misr has announced that it will be increasing its investments showing confidence in the Egyptian real estate market which they expect “to recover very soon in the middle to long term.” The company will be having its total investment portfolio stand at EGP 53billion during the course of the year. Presenting their investment plans, […]
In the mid of the 2008 financial meltdown, countries from the periphery injected their hard-won money into the rescue of Western financial institutions and near-defaulting governments. Those events have definitely cleared the way for the arrival of new powers on the international scene, showed in the rush at calling up an enlarged G-20 in early […]