First Independent Mena Newspaper
According to an official at the Egyptian finance ministry, Libya will be giving Cairo a loan to ease the pressure on the government. It will be offering a $2 billion five-year loan after an agreement was signed to formalize the deal. The loan will be interest free for Egypt with a 3year grace period. The […]
The United States and Morocco are to hold later this month a joint multi-lateral exercise dubbed “Exercise African Lion-13” that will involve more than 1,400 U.S. service members and approximately 900 members of the Moroccan Royal Armed Forces, announced the US Africa Command (Africom). The two countries’ servicemen will conduct military-to-military engagements in various exercises […]
Different activities were held all over Tunisia to mark the commemoration of the Martyrs Day, 75 years after it took place. The day is in commemoration of the riots which took place on April 9th, 1938 and finally led to the dissolution of the “Neo-Destour” on April 12th, 1938. The Caretaker President, Moncef Marzouki, accompanied by […]
The Egyptian government has made another U-turn after a lot of pressure from investors. The government decided to unveil a 10% tax on stock dividends and investment gains from takeovers in December 2012, but the decision wasn’t welcomed by investors. The government says it is part of the austerity measures that should be implemented to […]
The Interior Ministers of the Western Mediterranean countries, gathered in the 5 +5 group, which convened their 15th meeting on Tuesday in Algiers, have renewed their pledge to fight terrorism and organized Crime, two plagues that are endangering the whole region, especially in the aftermath of the Malian crisis, which has many implications for all the […]
World Bank Vice President for the North Africa & the Middle East, Mrs. Inger Andersen, has paid lately a three-day visit to Libya carrying a message of hope and support to the efforts made by the new Libyan authorities to build a new democratic State. During her visit, first of its kind since the fall […]
Air British Petroleum (BP) has penetrated the Tunisian aviation fuel sector through a commercial and technical service agreement with Tunisia’s national oil distribution company, AGIL. The agreement allows service coverage at seven airports, namely Tunis Carthage, Djerba, Enfidha, Tozor, Tabarka, Monastir and Sfax. This is the second agreement of this type being concluded by the company […]
Another discovery has been made by Repsol, a Spanish petroleum company. It discovered gas in Algeria around an area not far from the In Amenas plant which was attacked by terrorists in the beginning of the year. Even though the Spanish company is yet to release an official statement to give details about its finding, […]
Algerian imams have been authorized to set up their own trade union that will stand as the advocate and protector of the Sunni Islam practiced in Algeria and as a bulwark against other religious trends, mainly salafism. The mission entrusted to the union mainly consists in defending the material and moral rights of imams and […]
President François Hollande of France is paying as of Wednesday a two-day state visit to Morocco, his first since his election in May last year. The aims of this visit are both political and economic, Morocco being France’s major partner in the Maghreb and France being Morocco’s closest friend in Europe. “The relationship between the […]