Europe Features International

Pope’s Resignation, Unexpected, Unprecedented move

Pope Benedict XVI announced this Monday that he would be stepping down from office by the end of the current month, in an unexpected and unprecedented move in modern times. In a speech he delivered Monday before a church council, the Pope, 85, announced that he made his decision, which he described as “a decision […]

Business Emerging Markets Features Headlines Morocco

Bombardier Aerospace Starts Components Production in Morocco

Bombardier Aerospace, one of the world’s leading aircraft manufacturers, announced it started producing components at a transitional facility in Morocco. “This is a very exciting milestone for us as we start to see our operation in Morocco take form,” said Hugo Brouillard, General Manager, Bombardier Aerospace, Morocco. The group said in a release that 18 […]

Americas Features Headlines International

Big Challenges Awaiting New U.S. Secretary of State

The stalled peace talks between the Israelis and Palestinians, the civil war in Syria, Iran’s nuclear program, North Korea, the Arab Spring uprisings, Afghanistan, Iraq and the growing threat from Islamists in North Africa are among the major hot foreign policy issues awaiting America’s new Secretary of State, John Kerry. In addition to the thorny […]

Features Headlines Tunisia

Who Killed Tunisian Opposition Politician Chokri Belaid?

Thousands of angry Tunisians have mourned the assassination of opposition political figure Chokri Belaïd, a prominent opponent of the Islamist-led government of Hamadi Jebali. They took to the streets of the Tunisian capital in a huge march against the killing of the human rights militant who was shot in the head and the chest outside […]

Business Energy Features Headlines Tunisia

Tunisia: PAR and Sondes waiting on partnership

Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources (PAR) is still looking for farm-in partners for the Zarat license offshore Tunisia. The two companies hold the joint oil block license north of the Zarat concession, concerning unitization principles for the Zarat […]

Europe Features International Libya

Michelle Peresso announces arrival in Libyan markets

Malta-based Michele Peresso Group, best known for its sportswear stores, is planning to open retail outlets in Libya while also expanding into solar energy production. Maltese Prime Minister, Lawrence Gonzi, said that it will be the first time the group goes into Libya’s market during a visit to the group’s Birkirkara head offices where he was […]

Business Egypt Features Finance Headlines

Egypt Gets $6 M from IFC to Promote E-Payments

International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic payment provider, in an effort to promote financial services and encourage economic development across the country. IFC’s investment will help Fawry embark on expanding its network of payment terminals across the country to make […]

Asia Features Headlines Morocco

Muslim States Urged to Address Endogenous Reasons Behind Crises

The King of Morocco has urged Muslim nations to address the endogenous reasons behind the crises facing the Muslim world rather than justify these crises by external factors. The Islamic world should stop justifying crises by casting all the blame on external reasons or factors, instead of addressing endogenous causes, underlined King Mohammed VI in […]

Algeria Features Headlines Lifestyle Technology

Algeria to generalize fiber optic connections in industrial areas

Plans are underway to generalize fiber optic connections between all industrial areas and business parks in Algeria and telecommunication operator Algérie Télécom will be supported in its investments efforts to carry out the plans. The announcement was made by minister of post and ICT, Moussa Benhamadi, during the signing ceremony of a Framework Agreement between […]

Features Headlines Libya

Libya: Lufthansa Suspends Flights for Second Time

Germany’s Lufthansa and its subsidiary Austrian Airlines have halted flights to Tripoli due to insecurity in Libya, a spokeswoman said on Tuesday. The decision came as a preventive move to avoid any eventual attack from armed men who have declared European interests, companies and citizens as “enemies.” The company started operations in Libya barely a year ago after […]