First Independent Mena Newspaper
The Tunisian cabinet held a meeting on Wednesday to discuss the five-year socio-economic plan that will serve as a guideline and framework of the post-revolution development plan. The government hopes that the implementation of the plan due to begin next year will pave the way for the country to be part of the world’s emerging […]
The semi-autonomous Kurdish government in Iraq has been selling oil to Israel in defiance to Baghdad because the state does not officially recognize Israel. In a report published by Financial Times on Monday, Israeli refineries and oil companies received an average of around 240,000 barrels per day between May and August which amounts to almost […]
The first Economic Forum of Tunisian Expatriates organized by the Office of Tunisians Abroad (OTE) opened in Tunis on Thursday with the hope of promoting networking among Tunisians living abroad and encouraging investment in the country. Speaking at the opening ceremony, the Secretary of State in charge of Immigration and Social Integration Belgacem Sabri said […]
The Algerian daily Liberté announced Monday that the government has decided to freeze all equipment projects it was planning to carry out due to acute slash in oil revenues. The Algerian government whose economy largely hinges on oil revenues is unable to forge ahead with its large and nationwide equipment projects plan to refurbish its […]
Algeria is trying to balance its finances as its economy continues to struggle due to the low global oil and gas prices that are affecting countries heavily dependent on such revenues. A source close to the North African country’s Central Bank hinted that the authorities at the bank let the Algerian dinar to depreciate against […]
The Israeli cabinet approved the deal signed between Israel and a consortium including U.S. firm Noble Energy on the production of natural gas at the offshore Leviathan field located in the Mediterranean amid criticisms that it is detrimental to the interest of the average Israeli citizen because the conditions of the deal do not encourage […]
Tunisian lawmakers have criticized at a plenary session the 2015 supplementary finance bill saying that is does not match the aspirations of the Tunisian people. While the majority of Tunisian lawmakers threw their support behind the anti-terrorist bill last week, the MPs were very critical of the supplementary finance bill discussed at a parliamentary plenary […]
Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]
US Secretary Of State John Kerry announced Sunday in Cairo the normalization of relation with Cairo despite a long spell of confusion following the overthrow of first democratically elected President Mohamed Morsi and the poor human right record of al-Sisi regime. At a joint press conference with his Egyptian counterpart Sameh Shukri, Secretary of State […]
In the pipeline now for two year, the first Chinese-African Business Entrepreneurs Summit destined to better relations between China and Africa will be held in the Moroccan second largest city Marrakech November 6 -7. China’s presence on the African continent is fast growing and occupying a major place in the continent’s economic partnership with the […]