First Independent Mena Newspaper
The North African region has been experiencing attacks on Sufi tombs and shrines with the Salafists suspected of carrying them out. The latest site to be bombed is the shrine of Sidi Mohammed Landulsi, a 15th century Sufi theologian. The shrine which is located in the eastern suburb of Tajura was destroyed with a triple […]
The EU adopted on Wednesday the second part of its 2013 assistance package for Palestine worth €148 million. The funding from the European Neighbourhood and Partnership Instrument is meant to ensure continuation of critical support to the Palestinian Authority (PA) and United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) […]
The curtains of the 6th edition of the International Children’s Exposition (SIE 2013) have been raised by the Secretary of State to the Minister of Youth and Sports Mr. Belkacem Mellah at the Pins Maritimes Exhibition Centre of Algiers. This year’s edition is being held under the theme “My Algeria, My Future.” During his opening […]
With its economy showing no sign of recovery and the inflation on the rise, Jones Lang LaSalle has stated that property prices have been escalating especially in two large well known Cairo satellite cities; New Cairo and 6th of October City. In its latest report, the two cities have witnessed an average price rise of […]
Saudi authorities have caught 18 people having direct link to Iranian intelligence services, exacerbating secret war and tensions between the Sunni Arab monarchies and Shiite Persian Iran accused of seeking to destabilize the Gulf countries by inciting their indigenous Shiite communities to stage demonstrations during the Arab Spring. According to Saudi Interior ministry, the spy […]
It was not a joyful day at the Egyptian Exchange just like any other day since the beginning of the week. Tuesday was among the worst as losses continue to increase with the Egyptian Exchange (EGX) 30 benchmark index dropping by 1.95% to reach 5,129 points at the end of the session compared to 5,231 […]
Hope is twinkling in Tunisia after a report stated that sectors involved in travel and tourism have attained positive results during 2012. The report from Timetric claimed that tourism has recovered from the woes of the 2011 revolution. It pointed out that the increase in activity of local tourism and the arrival of foreign tourists […]
General National Maritime Transport Company (GNMTC) of Libya is getting ready to file a case against STX Europe for the recovery of a cruise ship ordered during Kaddafi’s regime. Sources claim that the GNMTC wants to act following the announcement by STX Europe that MSC Croisières and STX France have entered into a contract for […]
Several agreements have been signed between Algeria and Qatar. The agreements concern energy, mining, industry and technologies and will be creating thousands of jobs in Algeria. The Bellara steel plant project for the production and the marketing of four million tons of steel products per annum is one of the agreements which will be launched […]
A total of 443,535,902 shares of the ‘’National Société Générale Bank’’ (NSGB) have been acquired by the Qatar National Bank (QNB) at a selling price of EGP 35.65 per share. The 100% acquisition of the shares cost the Qatari bank EGP 16.142bn. The NSGB is a subsidiary of the French Société Générale Bank in Egypt. […]