First Independent Mena Newspaper
Despite Tunisia’s political turbulences and incertitude, some experts believe that it is the right moment to venture into the North African country and seize the opportunity that it offers. Oualid Hamdi believes that the negative ratings of major credit ratings agencies and the standoff between the government and the secular opposition parties should not deter […]
Libya could be investing $140 billion on infrastructure, energy, utilities and industry to assure a sustainable future within the next 10 years of the rebuilding process. A major business conference dubbed “Libya Projects 2013” will be organized by MEED, in association with Business Mirror from the 3rd – 5th of June, to verse local and […]
Egypt is considering a U-turn to international bond markets a few days after Morocco capitalized on cheap borrowing costs to reopen old bonds and raise $750 million. Its return will be the first time since the end of the revolution, after the new law allowing the country to issue Islamic-compliant bonds for the first time. […]
Shortly after Prime Minister Ali Zeidan’s return from an overnight visit to Egypt, a source close to his cabinet have revealed that the visit was centered on developing bilateral economic relations amongst which is the establishment of a free trade zone. Part of Prime Minister Zeidan’s visit was aimed at how to get Egyptian companies […]
According to a statement released by the Algerian Ministry of Oil, Algeria is willing to open the door to Russia in an invitation made to Minster Alexander Novak. Algeria wants a stronger cooperation between oil and gas companies from the two countries in order to strengthen their participation at OPEC. The Algerian minister offered investment […]
A press statement issued by the kingdom’s Minister of Commerce and Industry, Tawfiq al-Rabiah, brought to light that projects worth more than $1,3 billion have been on the hold in Egypt. This information was revealed ahead of the Saudi-Egyptian Joint Committee meeting to be held in the Saudi Arabia’s capital, Riyadh. Several Saudi Arabian projects […]
Mauritania and its northern neighbor, Morocco, have inked several cooperation agreements meant to give a new momentum to their partnership in various sectors of common interest. The two countries, members of Arab Maghreb Union gathering also Algeria, Tunisia and Libya, have agreed to bolster joint actions and projects in the fields of transport, energy & […]
Planning minister al-Araby claimed that the economy will grow by 3.8% in 2013, while Finance minister Al-Mursi al Sayed Hegazy presented in parliament measures geared towards saving more than $5 billion as part of their annual budget prospects. Ministers are presenting prospects of their ministries for the 2013-2014 budget to the upper house of parliament […]
Sanofi-Aventis pharmaceutical group has opened a state-of-art logistics hub in Casablanca, Morocco, giving a new impetus to the thriving pharmaceutical industry in the North African nation. The facility, built over a 12,000-sq/m2 zone, cost the Paris-based company an investment of 20 million euros. It will handle 1,300 products destined for local market and for export […]
The Palace of Nations is hosting the second national conference on tourism where the stakeholders will have an overview of the 2008-2012 activity report. The gathering was graced by the presence of several government officials and international dignitaries. President Bouteflika’s message addressed to the conference was read on his behalf by one of his advisers, […]