First Independent Mena Newspaper
Simon Kuznets’ inverted U-shaped curve representing the hypothesis that with economic growth country’s inequality level initially increases and then decreases after reaching certain average income level has not yet found much support among the MENA economies. The MENA region has traditionally belonged to the most equal parts of the developing world as supported by the […]
Africa had its fair share of military power-grabs – actually, it had a good deal more than that. Throughout the Cold War, military coups were the rule, not the exception. And Egypt, the bridge between the African and Arab worlds, was no stranger to coups. After all, it was a coup by the Free Officers […]
Abdelbari al-Arusi, Libya’s oil minister has become desperate about the ongoing strikes in several eastern ports, which have reduced the country’s oil export to 30%. The minister has warned that if the situation continues, “Libya will plunge into darkness.” The oil rich country wants to surpass its pre-war production and exportations. However, frequent strikes have […]
Shortly after EU’s Catherine Ashton announced that she had an open and frank discussion with Mursi, the White House is planning to send John McCain and Lindsey Graham to meet Egyptian officials as early as next week. Both of them are republican senators for Arizona and South Carolina respectively. They have also met members of […]
Souad Mekhennet. The name sounds alien for English-speaking readers but not like the many foreign names that pop up if you Google USA-based journalists. It does not sound Irish, Russian, Polish, Korean nor Japanese. The surname is very familiar in the Arab world and the name is easily pronounced in the Middle East. The name […]
The offices of foreign missions have become the new targets of unknown attackers in Libya. Attacks on such institutions have been rising and the United Arab Emirates is the latest victim to such hostilities when a rocket-propelled grenade was directed to the building housing its diplomatic office and the ambassador’s residence. The attack came only […]
Egypt could be taken an unprecedented turn on Friday if the calls of General Al-Sisi for a nationwide demonstration aimed at giving “(Al-Sisi) a mandate and an order to confront possible violence and terrorism” is heeded. He claimed that it will lead to the reduction of bloodshed and promote national reconciliation. The Muslim Brotherhood slammed […]
In 2010, Chinese foreign direct investment (FDI) accounted for approximately 68 billion USD, as compared to 2001, when China invested only 911 million USD overseas. The rapid increase in FDI between 2001 and 2010 was also facilitated by China’s ‘going global policy’ of 2002 that promoted competition for the share in global markets and natural […]
Algeria’s Energy and Mines Minister, Youcef Yousfi, held a closed door meeting with Eni’s Chief Executive Officer, Paolo Scaroni, to discuss the Italian company’s ongoing projects and possible future projects to be done in the country. The meeting, which was held in the capital, was also an opportunity for the company to elaborate more on […]
Prime Minister Ali Larayedh has blasted the activists behind the promotion of Tunisia’s Tamarod version. He described them as a “danger to the democratic process” the country is experiencing. The Prime Minister was speaking at a radio interview when he made these remarks. Tunisia’s Tamarod movement wants the National Constituent Assembly to be dissolved and […]