Egypt Features Headlines International

Egypt rules out mediation in Israeli-Palestinian conflict

Three days after tensions between Israel and Palestinian continue, Egypt has called for an end to the attacks from both sides.  Cairo has played a very important role in the conflict between the two countries but it seems as if the new government doesn’t have any intention of continuing in this vein. Cairo is not […]

Business Energy Features Finance Headlines Tunisia

Tunisia : AfDB gives $75million for Tunisia’s gas network backbone

Tunisian state owned oil and gas exploration and production company, Entreprise Tunisienne d’Activités Pétrolières (ETAP), will be benefitting from a $75 million corporate loan from the African Development Bank. The loan was approved by the Bank’s board of directors last month. The fund will be directed to the funding of the Nawara project as part […]

Egypt Features Headlines Morocco

Egypt and Morocco discuss regional affairs

Morocco’s Foreign Affairs and Cooperation Minister, Salaheddine Mezouar, was in Cairo during the weekend to deliver a letter from the King to President Al-Sisi. He also met his Egyptian homologue, Sameh Shoukry, to discuss bilateral relations and regional issues. When Al-Sisi was elected as president, Morocco’s King Mohammed described him as someone possessing the qualities […]

Features Headlines Libya

Libya : Es Sider and Ras Lanuf handed to the government

The long awaited opening of Es Sider and Ras Lanuf is finally over after the announcement by the rebels that the government could use it to “resume operations.” The two oil ports have a combined capacity of 560,000 barrels per day. The government has welcomed the move which is seen as a supporting gesture to […]

Egypt Features Headlines

Egypt : 10% tax on capital gains and stock dividends introduced

One of the first economic reforms under President Al-Sisi has been announced. Henceforth, a 10% tax will be levied on capital gains and stock dividends but the percentage could be lowered to 5% in some cases. The taxes are expected to generate between 3,5 and 4,5million Egyptian pounds. The new law was approved by the […]

Features Headlines Tunisia

Tunisia : Presidential candiates forthcoming

Hopeful presidential candidates have started preparing their dossiers with more than 10 candidates expected to vie for the post.  Current interim President, Moncef Marzouki, will be among them. He could be facing a stiff competition from Mustapha Ben Jaafar, a leading member of Tunisia’s former Troika government and the leader of the Democratic Forum for […]

Features Headlines Libya

Libya : Rebels to handover ports after Ramadan

The Barqa rebels, found in eastern Libya, that are in charge of Libya’s largest oil-export terminal are willing to hand it over to the government if the new parliament takes office. Legislative elections were held last week and results are expected to be announced in a fortnight. The rebel group controlled four oil ports but […]

Features Headlines Tunisia

Tunisia : Heavily criticized Law 52 to be reformed

 Tunisia is reviewing its drug laws which have easily put many people behind bars especially during the Ben Ali era. Tunisia’s population is around 11 million but tens of thousands have easily been convicted of these laws which do not distinguish between hard and soft laws. The reform of the law is part of efforts […]

Features Headlines Tunisia

Tunisia: Parliamentary and presidential elections decided, MPs agree

Members of the Tunisian parliament have finally agreed on the days to be set aside for the parliamentary and presidential elections. The country’s transition towards democracy after the departure of President Ben Ali has been challenging. A caretaker government has been overseeing the process after the Ennahda led coalition government was forced to step down. […]

Features Headlines Mauritania

Mauritania : President Abdel Aziz promises “democracy and good governance”

The much criticized presidential election by the opposition has come to an end and President Mohamed Ould Abdel Aziz has triumphed. In a victory speech address to all the Mauritanians, the president assured his countrymen that he will serve without favor. Most of the opposition parties boycotted the elections claiming that it was a forgone […]