First Independent Mena Newspaper
Turkish top business entrepreneurs on Wednesday met with Turkish politicians to urge them to overcome their differences and form as soon as possible a coalition government that will help solve many problems. A delegation of managers, members of the EU-Turkey Joint Consultative Committee, led by the head of the Turkish Union of Chambers and Commodities […]
Saudi Arabia, the world’s largest oil producer, has opened Monday for the first time its stock market to foreign investors in a bid to attract more international capital to help the country diversify its economy and reduce its heavy dependence on oil. The stock market liberalization move comes following the sharp fall in oil prices […]
The African Export-Import Bank (Afreximbank) has agreed to extend Egypt a $ 500 million credit line to support its trade projects and exports to other African countries. The deal was confirmed by the Egyptian Trade Minister Mounir Fakhry Abdel-Nour on the sidelines of the economic summit held earlier this week in the resort of Sharm […]
Africa clearly matters for Morocco as the King of this North African nation continues his diplomatic tour in the continent and steps up the gear to reinforce African partnership, banking on home-grown resources and capacities to meet African people’s expectations. After a week-long visit to Senegal that culminated in the signing of several important cooperation […]
Turkish authorities have announced on Wednesday to keep their commitment for aid support to Gaza after the World Bank irritated Ankara for failing to fulfil its commitment made during the Cairo Conference in 2014. Turkish foreign Minister’s spokesman, Tanju Bilgic indicated on Wednesday that his country has already planned $75.6 million aid to Gaza in […]
Moroccan-Senegalese cooperation is gaining momentum in all fields as shown by the impressive number of agreements sealed by the two countries during the visit King Mohammed VI paid this week to Senegal. A total of thirteen landmark cooperation agreements were signed under the watch of President Macky Sall and the Moroccan monarch, both eager to […]
The French carmaker PSA Peugeot Citroen plans to open a plant in Morocco to meet the needs of the Maghreb and other African markets, a source close to the group said, confirming the information published earlier by Bloomberg. The project that could be formalized early June will have an initial capacity of nearly 100.000 units. […]
A 40-page analysis report drafted by Steen Lau Jorgensen, World Bank’s director for Gaza and the West Bank, has highlighted that Gaza’s economy is “on the verge of collapse” due to restrictions, poor governance and internal struggles. The report described Gaza’s economy as the worst in the world with almost half of the 1.8million people […]
The World Economic Forum on the Middle East and North Africa will be held in Jordan 21-23 May under the theme: “Shaping a New Strategic Context”. The WEF on MENA, 9th of its kind in Jordan and the 16th meeting in the region, will bring together more than 800 government, business and civil society leaders […]
Prime Minister Abdelmalek Sellal’s said his four-day official visit to China has ended with “satisfactory” results with feelings that it will lead to a “new impetus” in the ties between the two countries especially in the economic sector. Algeria wants to diversify its economy and is hoping that it could learn from the Chinese experience […]