The Israeli government is urging entrepreneurs to switch their attention to Asia as a precautionary measure regarding the unfavorable developments in some European markets. Several companies have already followed the strategic decision as the demand for Israeli developed technology continues to rise. Authorities claimed that anti-Semitism is rising in Europe and the pro-Palestinian boycott, divestment […]
Features
Egypt: $8.2 billion Suez Canal lane to be inaugurated in August
Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]
Libya: Rivals fight over eastern ports despite peace efforts
Fighting for the control of the eastern Es Sider and Ras Lanuf oil ports has started again with between the two rival governments and both sides are claiming that they are having the upper hand. The ports are being controlled by militants loyal to the Tobruk government but Tripoli has been trying to force them […]
Tunisia: TunisAir has increased its revenue, Engineers plan strike
The fourth quarter result of the operations of the Tunisian national airline, TunisAir was released. According to figures published by the Tunis Stock Exchange, Gross income of the Tunisian airline TunisAir has reached 1.077 billion dinars ($ 656 million) in 2014, against 1.068 billion dinars ($ 552 million) in 2013, an increase of 0.81%. The […]
Morocco: Dar Assafaa to become an Islamic bank
The Moroccan banking group Attijariwafa Bank plans to transform its subsidiary Dar Assafaa into an Islamic financial institution according to the group’s CEO. Kettani said that the Attijariwafa Bank Group is transforming its subsidiary Dar Assafaa into a full Islamic bank, with its independent identity. In this context, the banking group belonging to the Royal […]
Tunisian PM designate: We are running out of time
Prime Minister designate Habib Essid seems convinced that the newly formed cabinet will get the vote of confidence from the parliament as he signaled that “we have no more time to lose, we are in a race against the clock.” The Ennahda Islamist party has finally joined the cabinet where it is holding a ministerial […]
Yemen: Houthis give political parties 72hrs ultimatum
Houthi rebels warned in a statement released at the end of a three-day forum that they will oversee the affairs of the state if the power vacuum continues for another 72 hours. The Houthis control all major government buildings in the capital and several key military facilities including the headquarters of the paramilitary Special Forces […]
Jordan insists on prisoner swap, ISIS remains silent
Jordanian officials are hopeful that they will reach a deal with the Islamic State of Iraq and Syria (ISIS) for the liberation of their pilot lieutenant Muath al-Kasaesbeh. The extremist group has not responded to demands by Amman to prove that the pilot is alive in order to swap him for death row inmate Sajida […]
Tunisia: Nida Tounes versus three opposition parties
The political events that unfolded in Tunisia this week show that the mandate of the next government will be full of challenges and tough decisions. The Prime Minister-designate Habib Essid was forced to postpone the presentation of his cabinet to the parliament for approval because of uncertainty on whether he will be able to get […]
Turkey: PKK to disarm by 21 March, Deputy PM Akdogan
Deputy Prime Minister Yalcin Akdogan has called on the Kurdistan Worker’s Party (PKK) to disarm before or on 21 March and has urged imprisoned Kurdish rebel leader Abdullah Ocalan to renew his demand for disarmament despite acknowledging that the leader’s “role is being undermined by the organization from time to time.” The Turkish government and […]









