First Independent Mena Newspaper
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 […]
Militants of Al Qaeda branch in North Africa were involved in the deadly attack that targeted America’s consulate in Libya, says U.S. intelligence agencies in their preliminary assessment of the assault that left four American diplomats dead, including U.S. Ambassador Christopher Stevens. The report confirms the link and participation of the operatives of Al Qaeda […]
The OiLibya Rally of Morocco to kick off on October 14 is becoming the biggest cross-country rally after Dakar with a number of participants that shatter all records, say the organizers. “With more than 250 competitors registered, the 2012 edition of the OiLibya Rally of Morocco overtake all previous participation’s records and becomes the biggest […]
Palestinian president Mahmoud Abbas has asked UN to grant Palestinians the status of “non-member observer state”, stressing that a “Palestinian state must be realized” One year after his bid for full membership of the United Nations failed because of a lack of support in the Security Council, Mr. Abbas returned to the UN General Assembly. […]
The uprising in Syria has led the European Union (EU) to employ an instrument it rarely uses in the Mediterranean: sanctions. Since May 2011, the EU has deployed its sanctions toolbox in support of the anti-regime uprising in Syria. The objective of the EU is to increase pressure on the Assad regime to end repression, […]
Tunisia Amen bank, the 2nd largest private bank in the North African country, has received backing from the International Finance Corporation, a member of the World Bank, to boost the company’s efforts to improve governance and modernize management practices. The IFC backing comes at a time when Tunisian banks are implementing new central bank regulations […]
Mauritania financial authorities, bankers and businessmen seems to have joined forces in the fight against money laundering, financial crimes, tax evasion and terrorism financing. At a meeting held lately in Nouakchott, experts from of the UN Office on Drugs and Crime (UNODC) showed mauritanian finance inspectors how to foil money-laundering operations, the various methods of […]
Algeria’s finance Minister, Karim Djoudi, has precised that the country will not be buying shares in foreign companies overseas to increase its foreign exchange reserves. He firmly said that “this choice is not part of our policy of foreign exchange reserve management,” reiterating its strategic choice to invest in government bonds, although with modest yield […]
The summer has been hot in Hong Kong this year, and not only because temperature reached 32 degrees amid intense humidity. 100 000 people, mainly Hong Kong students, have been taking to the streets, and demonstrating in front of the government headquarters to oppose a new education curriculum, called the “moral and national education”. […]
In a tragic yet entirely unexpected way, it is immediately post a dramatic event in the Maghreb- the unfortunate assassination of U.S. ambassador in Libya- that Morocco and the United States have renewed vows on their long standing shared journey by signing a Strategic Pact in Washington two weeks ago. While many observers view this […]