First Independent Mena Newspaper
By international standards, extreme poverty or destitution is relatively low in the countries of North Africa. According to the World Bank, the number of those living below 2 USD a day was 13.9 percent in 2008, which would make the region of Middle East and North Africa (MENA) the fourth poorest region in the world […]
A UN panel has sounded the alarm bell over the growing illicit flows of arms from Libya into West Africa and several Middle-eastern countries enhancing the arsenals of a range of non-state actors, including terrorist groups. “In the past 12 months, the proliferation of weapons from Libya has continued at a worrying rate and has […]
After signing a strategic partnership agreement in February, Huawei and Etisalat Misr have sealed a new contract that will provide the latter with the latest BTS3900 radio base station technology. The deal is meant to improve quality and speed to the Etisalat Misr’s radio network. The BTS3900 will help the Egyptian company to save expenditures […]
Tunisia has finally got some of the money that it refers to as “stolen” during the Ben Ali regime which lasted for 23 years. A sum of $28,8million which was recovered by the United Nations Stolen Asset Recovery team from a Lebanese bank account under the name of the former president’s wife, Leila Trabelsi. The […]
According to an official at the Egyptian finance ministry, Libya will be giving Cairo a loan to ease the pressure on the government. It will be offering a $2 billion five-year loan after an agreement was signed to formalize the deal. The loan will be interest free for Egypt with a 3year grace period. The […]
Forte Energy NL, an Australian-based minerals company formerly known as Murchison United NL, has sealed a contract with Wallis Drilling Africa. The deal will offer Forte Energy the license to drill almost 5,000m of NQ Aircore in the highly prospective areas close to the A238 prospect at Hassi Baida in Mauritania. The company specializes in […]
The United States and Morocco are to hold later this month a joint multi-lateral exercise dubbed “Exercise African Lion-13” that will involve more than 1,400 U.S. service members and approximately 900 members of the Moroccan Royal Armed Forces, announced the US Africa Command (Africom). The two countries’ servicemen will conduct military-to-military engagements in various exercises […]
Different activities were held all over Tunisia to mark the commemoration of the Martyrs Day, 75 years after it took place. The day is in commemoration of the riots which took place on April 9th, 1938 and finally led to the dissolution of the “Neo-Destour” on April 12th, 1938. The Caretaker President, Moncef Marzouki, accompanied by […]
The Egyptian government has made another U-turn after a lot of pressure from investors. The government decided to unveil a 10% tax on stock dividends and investment gains from takeovers in December 2012, but the decision wasn’t welcomed by investors. The government says it is part of the austerity measures that should be implemented to […]
The Chief Executive Officer and owner of Cevital, Issad Rebrab has said that the company is expecting to increase its white sugar exportations by 20% this year. To reach its goal, it will be boosting its sugar refining capacity from 750,000 tons to 2,75 million tons. The company has always set its eyes on exporting […]