Finance Headlines Tunisia

Tunisia: Lawmakers slam the 2015 supplementary finance bill

Tunisian lawmakers have criticized at a plenary session the 2015 supplementary finance bill saying that is does not match the aspirations of the Tunisian people. While the majority of Tunisian lawmakers threw their support behind the anti-terrorist bill last week, the MPs were very critical of the supplementary finance bill discussed at a parliamentary plenary […]

Headlines Libya

Mediterranean-Migrants: death toll reaches 2,000, Libya, the port of departure

The International Organization of Migration (IOM) reported Tuesday that the number of illegal migrants who have died so far this year while trying to reach European shores has reached the unprecedented number of 2,000 and that Libya remains the main port of departure for the deadly trip. “Over 2,000 migrants have died so far this […]

Africa Headlines Morocco

Moroccan FM urged to address dysfunctions in some consulates

The King of Morocco Mohammed VI urged his Foreign Minister to address the dysfunctions and problems in some consulates that harm the interests and dignity of Moroccan expatriates, calling for discharging all those found guilty of neglecting their duties.  “I urge the Minister of Foreign Affairs to take firm action and remedy the problematic situation […]

Headlines Tunisia

Tunisian MPs divided over extension of state of emergency

The Tunisian President’s decision to prolong the state of emergency for two months has stirred a debate among the members of parliament. While the government says it is a necessary step because another terrorist attack with an impact like that of the Sousse beach attack will paralyze the state, critics argue the government is exploiting […]

Egypt Finance Headlines

Egypt: Debt payment delayed, Gulf oil grants over, Minister Ismail

Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]

Headlines Libya

Libya: Western countries to intervene in Libya again

Some European countries are planning to restart military operations in Libya as soon as a Unity government is formed and sources have claimed that movements would begin as early as the end of this month. The United Kingdom, United States, Italy, France, Spain, and Germany are expected to collaborate with the U.N and the E.U […]

Headlines Tunisia

Tunisia: 5year development plan to overcome economic and social challenges by 2016

Tunisia is preparing a five year development program that is expected to begin next year and the Minister of Development, Investment and International Co-operation Yassine Brahim said the plan will include strategic orientations and national priorities. The plan seeks the revival of Tunisian economy and also focuses on the social challenges after the end of the […]

Egypt Headlines

Egypt renews coalition ties to fight terrorism

“The National Defense Council agreed to prolong the participation of (Egyptian) troops engaged in a combat mission” in the Gulf, the Red Sea and the Bab al-Mandab Strait, a statement released by the Egyptian presidency announced. This is the second time Cairo is renewing its engagement with the Saudi-led coalition and the announcement came barely 48hours […]

Business Headlines Morocco

Marrakech to Host First Chinese-African Business Entrepreneurs Summit

In the pipeline now for two year, the first Chinese-African Business Entrepreneurs Summit destined to better relations between China and Africa will be held in the Moroccan second largest city Marrakech November 6 -7. China’s presence on the African continent is fast growing and occupying a major place in the continent’s economic partnership with the […]