First Independent Mena Newspaper
Israel has shown concerns about United States announcement to suspend some of its aid to Egypt unless it is satisfied with its democratic efforts could jeopardize the long standing peace treaty. Israel and Egypt signed a peace treaty in 1979 to end hostilities against each other and the US aid has been fundamental in maintain […]
After President Obama gave warning signals to Egypt during his speech at the UN General Assembly about its “inconsistent with inclusive democracy,” he has decided to take actions. The US has reduced its military aid to the country and linked its continuity to “Egypt’s progress in pursuing a more democratic path.” Cairo has not officially […]
The controversial European Union-Mauritania fisheries deal has finally been approved by the members of the European parliament much to the dismay of some of the fishermen. The protocol of the Fisheries Partnership Agreement (FPA) with Mauritania becomes the biggest with regards to volume and the highest financial contribution that the EU has ever concluded. The […]
ArcelorMittal, the world’s largest steelmaker, has entered a partnership deal with the Sider, a state-owned company, to meet the local demand for steel as the arrival of car producing companies in the country continues. The deal was described by ArcelorMittal as a “strategic agreement” agreeing to lower its stakes at two steel complexes in favor […]
Officials in Tripoli are unpleased by the US Special Forces raid in Libya to capture Nazih Abdul-Hamed al-Ruqai, alias Anas al-Libi. They have released a statement criticizing US actions on their soil without their approval and referred to the capture and detention of Al-Libi as a “kidnapping.” Al-Libi has been on FBI’s most-wanted list with […]
The European commission is planning to open talks with Morocco to ease visas procedures for short term visitors, students, researchers and business professionals. “This is a very concrete and important step in the cooperation between the EU and Morocco. Easier access to visas will reinforce the social and economic development and mutual understanding between our […]
After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]
The secret negotiations from Palestine and Israel have resumed despite the dissatisfaction of the Palestinian delegation. Although both parties have renewed their desire to solve their differences, the demarcation of the border between them has been a major setback. Palestinian’s claim that Israel’s response has been slow during talks and the absence of the U.S […]
Despite Tunisia’s political turbulences and incertitude, some experts believe that it is the right moment to venture into the North African country and seize the opportunity that it offers. Oualid Hamdi believes that the negative ratings of major credit ratings agencies and the standoff between the government and the secular opposition parties should not deter […]
Some Egyptians could be readying General Al-Sisi as the country’s next president after three campaigns supporting the cause kicked off. The General on the other hand has called for “quick political transition” in the interest of stability. Political pundits and figures believe that he stands a great chance to become the head of state despite […]