First Independent Mena Newspaper
Finance Minister Alkilani Abdelkarim al-Jazi has warned that the blockage of oil ports should come to an end as soon as possible because the finances of the state have begun to feel the effects. Oil is Libya’s major revenue and the siege on ports and oilfields especially in the east have almost brought production to […]
Pentagon has announced that the United States has once again called on the interim Egyptian government to progress with plans aimed at organizing new elections. The call was made during a telephone conversation between the US Defense Secretary Chuck Hagel and Army Chief General Abdel Fattah al-Sisi. Prior to the phone call, a petition was […]
Algiers has shifted its attention to agriculture after warnings from the World Bank and the International Monetary Fund of the necessity to diversify its oil based economy. Recent studies have claimed that its reserves are depleting. Agriculture is now the booming sector in the country and provides more employment than the oil industry after hefty […]
The Egyptian government wants to bring the country back on its feet and has decided to add to its priorities the payment of oil debts to foreign companies that are increasing their exploration and production in Egypt. Foreign companies are owed more than $6 billion and energy subsidies reached an estimated 120 billion Egyptian pounds […]
The United Kingdom and Morocco maintain “a strong partnership, based on shared values and a shared vision of a peaceful, secure and prosperous North Africa”, says the Foreign Office In a press release following the latest visit made to Morocco, foreign office minister Alistair Burt expressed UK support for Moroccan reforms, hailed the two countries […]
The powerful tourism industry in Egypt is nearing its doom if the imposed travel advice on European citizens by their governments is not removed. In the past few months, Egypt has been marred by violent protests when it was about to revive its lucrative and important tourism industry. Egyptian officials are claiming that the country […]
President Bouteflika has carried a major political decision since returning from his treatment in France by reshuffling his cabinet. Principal ministerial posts such as interior, defense and foreign affairs ministries have been affected. Critics claim that the reshuffling is aimed at strengthening the 76 year old president’s grip to power while enthusiasts believe that it […]
Efforts to avoid a political breakdown have received a positive response with the announcement of the transitional parliament resuming its duties a month after Mustafa Ben Jaafar, the president of the transitional parliament, suspended its activities unless a deal is brokered by the political parties. Ben Jaafar is a member of the Ettakol party which […]
Morocco is poised to adopt a new comprehensive policy on immigration as the country is hosting increasing numbers of immigrants, mostly from sub-Saharan Africa. The adoption of this new comprehensive policy on immigration was discussed at a meeting held on Tuesday under the chairmanship of King Mohammed VI and in the presence of the Head […]
The Governor of the Egyptian Central Bank, Hesham Ramez, confirmed that Qatar has agreed on the conversion of its $2 billion that it has deposited in the Central Bank during the era of President Morsi into bonds. The transactions are expected to take less than a week according to media reports. The Qatari government had […]