First Independent Mena Newspaper
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, and the Egyptian government have reached a financial and initial working capital terms agreement in Cairo. The agreement is essential for works on the Al Nouran Sugar Project, where an amount of $372 million […]
Malta’s newly elected Prime Minister, Joseph Muscat, has renewed his ambition to establish a new partnership with Libya geared towards developing together “as equals” rather than being financially oriented. Prime Minister Muscat said Libyans need “genuine friends” as partners in development “with an open mind.” He lamented the cooperation environment between the countries lying on […]
Tunisian authorities have dismantled lately several Islamist terrorist networks that were recruiting young Tunisians for jihad in Syria. The recruiters are hardline salafists groups operating in mosques and charities. These dark networks were disrupted after months of investigations launched after the complaints lodged by several families over the disappearance of many of their sons, accusing […]
The health of Algerian President Abdelaziz Bouteflika who suffered a stroke and was flown to Paris on Saturday for further medical check-ups has raised speculations as to the political future of the country which seems in limbo. The health condition of President Bouteflika who was expected to run for the presidential elections scheduled in about […]
The Libyan oil law being drafted by a committee is expected to be ready before September “if all goes well” according to oil minister Abdelbari al-Arusi. The law has to come into force before a licensing round can be launched, but most analysts remain pessimistic about the law being passed. Minister Arusi said that the […]
The terrorist bombing that hit lately French embassy in Tripoli has tested the Libyan security apparatus and showed its vulnerability as the North African country is experiencing a turbulent and shaky transition after years of autocratic rule under Gadhafi regime. The attack comes as the new Libyan government is battling to disarm the militias which […]
Morocco and the European Union have started in Brussels the first round of talks for a free trade agreement (FTA) that will enhance further economic integration and trade ties between the two partners. Trade between Morocco and EU is worth over € 26 billion and an FTA will raise this trade relationship to a new […]
An Algerian delegation headed by the Minister of Industry, SME and Investment Promotion Cherif Rahmani has met with members of the Confindustria, the Italian employers’ association, to discuss investments opportunities offered by Algiers. During the meeting in Rome, Algeria presented the privileges offered to foreign investors, the government’s plan to develop renewable energy and the […]
The government in Tunis has decided to reduce its 2013 economic growth expectations after another evaluation. The previous 4,5% economic growth forecast has been reduced to 4%, because authorities believe the situation in Tunisia and the ongoing crisis in Europe will make it difficult to attain. Without pointing out any specific event within the borders […]
Algeria and Spain have taking their bilateral relations and cooperation to another level after the signing ceremony of several industrial partnership agreements in various sectors. The ceremony was witnessed by ministers from both governments with Cherif Rahmani, Algeria’s minister of Industry, Small and Medium-sized Enterprises and Investment Promotion, and Spain’s Minister of Industry, Energy and […]