First Independent Mena Newspaper
The popular uprisings and political turmoil rocking the region of North Africa and the Middle-East since 2011 have dealt a hard blow to the sector of tourism that suffered losses going up to $ 15 billion, according to Arab Tourism Organization (ATO). At a meeting held lately in Jeddah (Saudi Arabia), ATO president Bandar Al-Fuhaid […]
While Syria is tumbling deeper into the abyss with the participation of Lebanese Hezbollah in the fierce combats waged by the Syrian army to drive back the rebels and seize the strategic city of Qousseir, the international community seems time pressured to find a solution to this conflict in which over 94,000 persons have reportedly […]
Algerian Customs officers and borders agents have discovered lately radioactive waste in three containers shipped from China to Algiers port. According to Algerian local press, the tests carried out on the suspected hazardous merchandise and material found in the containers were indeed radioactive stones and rocks. The containers were imported by an Algerian businessman. Investigators […]
The US navy has launched on Tuesday for the first time the X-47B drone from the USS George H.W. Bush nuclear-powered aircraft carrier. The first 65-minute test flight of the remotely piloted combat aircraft, from the carrier at sea to the Navy’s “Pax River” test site ashore, has enabled to validate among others the flight […]
Security issues and fight against terrorism were at the center of a phone conversation earlier this week between US President Barack Obama and Morocco’s King Mohammed VI. “The two leaders discussed the importance of continuing to deepen our bilateral cooperation, especially on regional security matters of mutual concern,” said a press release issued by the […]
The International Monetary Fund (IMF) has announced that it will be holding back on negotiations for the $4,8billion loan to Egypt, because the country’s financial situation is worsening. It has decided to only continue with talks when it receives updated economic information and reform plans from the government. The freezing of negotiations which have been […]
By Rabia Elkotbi Despite the crisis that hit the tourism sector worldwide, Morocco has not shoved its projects in a drawer. On the contrary, Morocco is launching new projects and hunting for new investments to attract greater numbers of tourists, not only from Europe, its traditional market, but also from the Gulf and Asia, especially […]
Energy and Mining Minister Youcef Yousfi has said that the government will be dedicating more than $1,264 billion to its renewable energies program by 2030. The billion dollar investment is aimed at deriving more than 30% of the country’s energy consumption from renewable energies and to overcome the power outages which occur mostly during summer. […]
The Kuwait Fund for Arab Economic Development (KFAED) and the Tunisian government have signed a loan agreement of $88 million. The loan will help develop a transmission and distribution network of natural gas produced locally. Minister of Development and International Cooperation Lamin Al-Dughry signed the loan agreement while the Chairman of the Tunisian Company of […]
State-owned Sonatrach and Anadarko Petroleum Corporation have finally started production at the El Merk oil complex located in the Sahara desert of Algerian territory. The beginning of production at the $4,5 billion is a sign of relieve for the country’s hydrocarbon sector which was marred by a brutal hostage scenario at the beginning of the […]