First Independent Mena Newspaper
Reports by Kuwaiti Daily claiming that Egypt’s Field Marshal Abdel-Fattah El-Sisi is going to run for presidency were denied by the military’s spokesman Colonel Ahmed Mohammed Ali. He referred to the report as the Kuwaiti Daily’s own “interpretation”. The original statement of El-Sisi was posted on his official Facebook page. Expected to run for president, […]
In a unique moment of unity, a group of Algerian and Moroccan artists gathered on the set of Moubachara Maakom (Live with You) broadcast last week to discuss national, social, political and cultural issues. On the Moroccan side, the lively discussion was attended by young rapper Taoufiq Hazeb, nicknamed “Bigg”, actor Driss Roukhe, and actress […]
Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss. Libya has proved to be a difficult place for business especially for companies […]
The business park of 2.5-million-sq-m in Hidd at the Gulf Industry Fair, which opened in Bahrain on Feb 4, is a highlight of business opportunities Bahrain International Investment Park (BIIP) offers. A total number of 105 companies exist at the park out of which 30 were approved of last year, and when in full use […]
Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]
As the deadline to offer his candidacy is fast approaching, Algeria’s 76 year old president Abdelaziz Bouteflika is yet to announce whether he’ll contest in the next election. There are worries if the president is fit to stand for elections due to his age and unstable health especially after he suffered a mini-stroke last year. […]
An Al Jazeera cameraman who has been in detention in Egypt has been acquitted along with 61 other defendants. The men, most of whom have reportedly ties to the outlawed Muslim Brotherhood, were accused of organizing demonstrations followed by clashes in Cairo as well as of an attempted murder. Morsi’s supporters were protesting against his […]
For his first official visit since taking office, Tunisian Interim Prime Minister Mehdi Jommaa escorted by Minister of Foreign Affairs Mongi Hamdi, honored the invitation of Algerian Prime Minister Abdelmalek Sellal, on Saturday evening for a two-day official visit. Part of the visit’s outline was to strengthen security cooperation between Tunisia and Algeria as security […]
A suit has been filed against Goldman Sachs in London’s high court, by Libya’s sovereign investment fund, for making a profit of $350 million from the creation of $1 billion in derivatives trades that became valueless. With the Libyan Investment Authority, a sovereign fund, seeking losses from the trade, a spokesman for Goldman Sachs said […]
Morocco’s long-awaited housing program for the middle class is about to be launched. The country’s housing minister, Nabil Benabdallah, announce that the new program wouuld give thousands of Moroccan families an access to affordable and decent housing. The official plan is to build about 20,000 houses by the end of 2016, and the government has […]