Egypt Headlines

Egypt: U.S to increase forces in the Sinai

The Pentagon will increase the number of its troops present in the Sinai peninsula under the Multinational Force of Observers (MOF) to more than 700 with “adequate force protection.” The decision was made after four U.S soldiers were injured by an improvised explosive device on September 3. The rising threat posed by armed militias and […]

Finance Headlines Tunisia

Tunisia: Saturday march banned for looming terrorist threats, government

The five-member coalition of opposition parties announced on Thursday that they will go ahead with their Saturday protest march against the controversial Economic and Financial Reconciliation Bill after a meeting with Prime Minister Essid. After the coalition said the Prime Minister endorsed its march, Interior Minister Najem Gharsalli said before the deputies that the information […]

Algeria Headlines

Algeria: if nothing changes, society will implode, movie-maker

Algerian Merzak Allouache who directed “Madame Courage” film, has warned “if nothing changes, Algerian society will increasingly come under threat from the scourge of radical Islam while corruption has plagued the country for decades”. “Algerian society is blocked”, he added in a statement to media, affirming that “there is a risk today because the country […]

Egypt Headlines

Egypt-Israel: Tel Aviv re-opens mission in Cairo four years after forced closure

Israel Wednesday officially re-opened its mission in Cairo four years after the building was stormed by protesters in September 2011, forcing the ambassador to operate from an unofficial location. The re-opening ceremony was attended by director-general of the Israeli Foreign Ministry Dore Gold, the Israeli and US ambassadors to Cairo and other diplomats. Gold said […]

Headlines Morocco

Laurent-Graciet Case: New Twists, More Outcries

Each day brings a new twist in what has become known as the Eric Laurent-Catherine Graciet case while condemnations, especially on the part of French and Moroccan media, are still pouring down on the two French journalists who are standing before court for attempted blackmail and extortion against the King of Morocco. Besides the reporters […]

Finance Headlines Tunisia

Tunisia: Lagarde acknowledges Tunisia’s resilience

International Monetary Fund Director General Christine Lagarde voiced the international financial institution’s determination to support Tunisia in a “widened partnership” and renewed her confidence in Tunisia’s ability to face its challenges. Lagarde who arrived in Tunisia on Tuesday for a two-day working visit, her second to the North African country since she took office, made […]

Egypt Finance Headlines

Egypt wavering over depreciation or depleting reserves

“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]

Algeria Energy Headlines

Algeria: “No need for foreign stimulus package to overcome financial crisis”, Finance Minister

Algerian Finance Minister declared Sunday that despite current economic down-turn of the Algerian economy due to acute collapse of oil price, Algeria does not need foreign intervention to balance its budget, saying that the government will lean on domestic economic potential to keep its head above water. “Algeria does not need foreign debt, it needs […]

Headlines Libya

Libya: political agreement due for September 20, Leon exalted

The ongoing Libyan dialogue in Geneva may yield a quick agreement by September 20 according the UNMIL Chief Bernardino Leon who praised the climate of talks. The UN envoy for the Libyan political crisis sounded very optimistic on the second day of the dialogue that has registered the participation of the hardline General National Congress […]

Headlines Tunisia

Tunisia: security stepped up to ward off eminent attacks

The Tunisian Interior ministry on Sunday warned that eminent terrorist attacks were looming on capital city Tunis and ordered stepping up security measures. The interior ministry said it received intelligence reports about unnamed terrorists plotting attacks against sensitive and vital sites in Tunis using car bombs and explosive belts. According to an interior ministry official, […]