First Independent Mena Newspaper
Reports are being featured that the Fitch Ratings Maghreb, the branch of the rating agency overseeing the region, is winding up its activities in Tunisia and will be closing its doors in the country by the end of the year. It seems as if the decision is prompted by the ongoing global financial crises with […]
President Morsi’s outstanding powers has led to demonstrations in the streets demanding him to relinquish them and it has made it effects on Egypt’s benchmark stock index is as it fell by almost 10% in the first trading session since the presidential decrees. The ongoing political tensions in an already paralyzed economy spread swiftly through […]
Algiers is playing host to the projection of Spanish films. The first movie entitled “In his own eyes” directed by Liliana Beatrice Paolinelli was projected at the Cinematheque of Algiers to mark the beginning of the event. The project is part of Spain’s cinema program under the name “Ciné en construction.” The event started on […]
A trans-Saharan pipeline that will convey gas from oil fields in Nigeria to Spain on the Mediterranean coast through Niger and Algeria is scheduled to be operational by 2015 if the project succeeds to overcome all the obstacles on its long way. According to estimates, the 4128 km long pipeline is to convey to the […]
Tunisia has gained the European Union advanced status, becoming the 2nd North African country after Morocco to obtain such a title, the status of a privileged partner with the EU. The decision was made during the Tunisia-European Union (EU) Association Council’s 9th session held lately in Brussels. Tunisia has requested last March an EU advanced […]
The gap between the Algerian regime favourites and the majority of the population, which is living in rather difficult conditions, is increasingly widening although the country’s oil resources generate huge resources. While the Arab Spring wave swept over many neighboring countries in the region, Algeria has largely been spared large-scale unrest. Nonetheless, the government has […]
After President of Mauritania Mohamed Ould Abdel Aziz was wounded by gunshot last October 13 in what was officially described as a “an accidental shooting”, he appeared on his country’s State TV to reassure its countrymen that he was in good condition before being airlifted to Paris for further treatment. From that time, there were […]
Mauritania’s President Mohamed Ould Abdelaziz who was wounded on October 13 in a shooting that was officially reported as “accidental” has confirmed earlier this week this initial version of the incident and flatly denied any foreign involvement in the shooting. The Mauritanian strongman, who had been hospitalized in Paris after the gunshot wound he sustained, […]
At the end of the Libyan delegation’s visit to Morocco, both counterparts seem to be happy of the outcome of the negotiations to encourage investment. The chief of the Libyan Chamber of Commerce Idriss Omran said there are ongoing feasibility studies and projects to promote investment on both sides. He called on Moroccan investors to […]
The decision of the regulator of the Egyptian market to push further the deadline of the sale of stakes of Qatar National Bank (QNB) has led to the slump of Egypt’s National Société Générale Bank (NSGB) and it has made an impact on the Cairo bourse while leaving the Gulf markets mixed in lackluster trading. […]