First Independent Mena Newspaper
Companies from the two sides of the Mediterranean have agreed to pen a deal valid for almost two decades. Spain’s Gas Natural Fenosa was a signatory to the deal with Algeria’s Sonatrach for 800mn m³/year of gas for a period of 18 years and for a 10% stake in the 8bn m³/yr in the Medgaz […]
China and Mauritania have signed an agreement to finance development projects in the latter up to the tune of 10.7 billion Ouguiyas. Of this amount, 4.871 billion ouguiyas will be in the form of a non-refundable donation while 5.845 billion ouguiyas will be given as a loan without any interest. The Minister of Economic Affairs […]
Libya and Tunisia have reopened lately their crossing border post of Ras Jdir which was closed over security concerns and infiltrations of armed groups that threatened the security in the two North African countries that have changed their despotic ruling regimes. The decision was made by Libyan Prime Minister Dr Ali Zidan and his Tunisian […]
The new economic and social development project Morocco is planning to implement in its southern provinces will contribute to stability at the macro-regional level, said Secretary General of the Economic, Social and Environmental Council, Driss Guerraoui. This regional development project will also raise the local populations’ standards of living and improve cultural cohesion, Guerraoui told […]
Silphium, owned by the Libyan International Telecom Company (LITC) has started operations after it services break down after falling as a target making it the first wholly owned submarine cable system targeted at the Libyan telecommunications market. The announcement was made by LITC with Huawei Marine Networks Co. Ltd which serves as its build partner. […]
Representatives of International Monetary Fund (IMF) and the Egyptian government discussed the important $4.8 billion loan as the Egyptian pound continues on its dive with the foreign reserves depleting. Before the visit, the IMF said they will discuss recent economic developments and “possible IMF support for Egypt in facing these challenges”. It’s Middle East and […]
A notorious Algerian hacker wanted by the FBI has been captured lately at Bangkok’s international airport while travelling from Malaysia to Egypt. The hacker, Hamza Bendelladj, and his family had just spent their vacation in Malaysia. The U.S. authorities were hunting down Bendelladj for nearly three years for having hacked private accounts in more than […]
Morocco has been elected last week, in the person of its Permanent Representative to the United Nations, Mohamed Loulichki, chair of the Security Council’s Counter-Terrorism Committee. Morocco, which is non-permanent member of the Security Council since January 2012, will chair the committee for the period ending December 31, 2013. The Counter-Terrorism Committee (CTC), set up […]
Egyptian security forces have captured lately six U.S. made anti-tank and surface-to-air missiles that were on their way to be smuggled into the occupied Palestinian Gaza Strip. The weapons, which were intercepted in the Sinai desert, are believed to have come from Libya and to have been manufactured by U.S. firms. But some experts cast […]
Tunisia’s budget for the year 2013 has been approved finally. This year’s approved budget has surpassed the estimates as it stood at $17.1 billion which is 4.9 percent higher than the previous supplementary budget for the year 2012 according to reports. Reports cited that the interim Prime Minister Hamadi Jebali has confirmed that the budget […]