First Independent Mena Newspaper
Political crisis is continuing to do damages to the Tunisian economy and rating agencies have been continuously rating it negatively due to political uncertainty. The country is on the verge on facing the same foreign currency reserves that Egypt is going through before the intervention of Qatar lately, sources revealed. Qatar National Bank is reported […]
As changes continue to redesign the landscape in the Middle East-North Africa region and in Africa, Morocco’s longstanding, friendly relationships with these two regions open new avenues for U.S.-Morocco cooperation, all the more so as the two countries have a shared vision on a set of regional issues, ranging from economic development to stability, from […]
Over the past thirty years, the inhabitants of Moroccan Oriental province have enjoyed unlimited cross-border ‘trade’ in petrol with neighboring Algeria. All-purpose petrol smuggling has been thriving even though the border has been officially closed since 1994 due to the murder of two Spanish tourists, who were allegedly killed by Algerian extremists. The border crossing […]
Egypt has decided to send its ambassador back to Tunis after recalling him due to comments made by President Moncef Al Marzouqi. Cairo alleged that Presdient Moncef’s speech at this year’s United Nations General Assembly calling for the release of Mohammed Morsi from custody was interfered with their internal sovereign affairs. The announced return of […]
Algeria’s 76-year-old President Abdelaziz Bouteflika has been nominated by his ruling National Liberation Party (FLN) to run for a fourth term in April 2014. The ailing leader, who was hospitalized in France last April after suffering what official reports described as a stroke, has been in power since 1999. He presided over a cabinet meeting […]
Algeria has set its eyes on the Adcom Systems Yabhon United 40 Block 5 Unmanned Aerial Vehicle (UAV) at the ongoing Dubai Air Show 2013. Algiers wants to boost its medium-altitude long-endurance (MALE) intelligence, surveillance, and reconnaissance (ISR) capacity. The Yabhon United 40 Block 5 is considered to be likely included in its fleet very […]
Morocco’s bakers have decided to halt the planned increase in bread prices following the pending talks with government. The Moroccan Federation of Bakers and Patissiers (FBPM) agreed that for now the prices of 10-30 centimeter loaves of bread are going to stay the same. The envisaged price increase should have concerned about 15,000 bakeries. According […]
According to the “gender” survey of the Thomson Reuters Foundation, the position of women has deteriorated throughout the region of North Africa and Middle East since the onset of the Arab Spring. Out of 22 survey countries, three – Egypt, Yemen and Syria – found themselves at the bottom of the ranking despite being involved […]
Libya tourism sector has received a major boost after the conclusion of an agreement between the government and United Nations World Tourism Organization (UNWTO). Tripoli wants to diversify its economy that is heavily dependent on oil. The promotion of tourism in the country is also expected to help it surpass its turbulences and reduce unemployment […]
Despite the threatened stability in Egypt, the International Monetary Fund (IMF) is willing to provide loans if it is deemed necessary by authorities in Cairo. Egypt is going through political, economic and financial crisis as political differencescontinues to be the center stage. IMF’s regional director, Massod Ahmed, said they are “keen to support” the North […]