First Independent Mena Newspaper
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 […]
New trade and economic agreements were made between Iran and Tunisiain a meeting held bythe Head of Iran’s Zanjan Chamber of Commerce and Industry Gholam-Hossein Jamili and Head of Tunisia’s Chamber of Commerce and Industry Munir Al-Moakhar, in Tunis on Wednesday.The agreement not only called for exchange of economic and trade information and data but […]
A presidential bid by the Egypts’s army chief Abdel Fattah al-Sisi has been endorsed by the country’s military body earlier this week. The announcement came just hours after Sisi was promoted to field marshal. Sisi who has not yet officially announced his intentions enjoys wide popularity throughout the North African country where he is largely […]
A resolution authorising European Union troops to use force in the Central African Republic (CAR), which has been torn apart by inter-religious violence over the past few months, was approved in a crucial UN Security Council earlier this week. This follows the EU’s own approval of a military operation, in which up to 600 soldiers […]
For the first time in Morocco’s history, a woman has been appointed earlier this month Wali (senior prefect) of the north-western region of Gharb -Chrarda- Beni Hssen. The appointment of Zineb El Adaoui to the position, the only woman out of the 15 appointed Walis, is considered a milestone in a process initiated over a […]