First Independent Mena Newspaper
Property experts have raised alarm on the intense backtracking of foreign companies due to the political crisis that the country is experiencing. Some property prices have fallen to a 4-year low because of the sudden fall in demand. According to experts, international investors are expected to follow suit by focusing more on real estates in […]
The Islamic economy has for long been associated with the Islamic financial law. Based on the moral code and religious law of Islam – shari’a – Islamic banking requires very stringent capital requirements in loan markets, rejects interest rates, and promotes profit and loss sharing between the client and the bank according to the contract […]
While recently attending a conference in Benin, the crisis in Mali still loomed large. The conflict in Mali had threatened to unravel the entire security situation in the Sahel and Western African nations spent much of the last year bickering whether a military intervention to save Bamako from approaching Islamist militias was feasible. In the […]
The ceremony to mark the beginning of Sanofi’s ambitious project of constructing its largest industrial site in Africa was well attended by Algerian authorities. The occasion was also used an opportunity to reiterate on the cooperation between them and renew their dedication towards contributing in the upgrading of the health sector with the signing of […]
The Defense Ministry has announced that the government is working with international private security companies to address concerns over the country’s porous borders especially in the South. These foreign security companies are to be contracted by the government to secure the borders and equip the army. Most of the border patrol in Libya is done […]
The government has revealed that it will introduce austerity measures to curb its budget deficit. Finance Minister Elyes Fakhfakh’s announcement could further stir up the heightened political crisis to new levels. The decision will imply the reduction of public expenditure and the freezing of public salaries. The move is not expected to be welcomed by […]
Egypt’s interim government could stay longer in power than expected after members of the constitutional committee suggested that the President should retract on 8th July constitutional declaration. The committee is mandated to revise and amend the 2012 constitution but it now wants to draft a new constitution. A “public opinion” campaign will be organized to […]
Between 1,500 and 2,000 university students have taken the Cairo University campus as a venue to express their dissatisfaction with the Interim government. The academic year just got started in Egypt and demonstrations were reported to be held in several cities and universities. The students voiced their anger against political and campus freedoms that they […]
The much criticized fisheries agreement between the Islamic Republic of Mauritania and the European Union (EU) has been reviewed after successful negotiations between parties in Nouakchott. Improvements were made on license conditions but Mauritania’s financial gains were reduced. Most of the improvements were centered on fishery resource planning and protection in relation to previous agreements. […]
King Mohammed VI of Morocco participated Thursday in the inauguration ceremony of the new president of Mali Ibrahim Boubacar Keita, along a number of other heads of state, including France’s François Hollande. The presence of the Moroccan King at this ceremony did not go unnoticed because it was the first time that the king attended […]