Egypt Headlines

Muslim brotherhood pledges to continue protests in Egypt

Unrest in Egypt continues to dominate many world medias as the Muslim brotherhood party, which is against the arrest of their leaders and ousted democratically elected president Mohammed Morsi, says through its official websites that it will continue to hold ‘peaceful’ protest until Morsi is reinstated to power and key members let off the hook. […]

Features Headlines Libya

Libya foresees strong Sukuk

In its strive to expand Islamic Finance, Libya’s Stock Market and Amanie Advisors have inked a comprehensive Memorandum of Understanding destined to outline a “clear roadmap” for the promotion of Islamic Finance. The MoU is expected to boost Libya’s massive potential in domains that remains relatively unexploited. Amanie Advisors, a global Shariah advisory firm, will […]

Egypt Features Headlines Tunisia

Tunisia gets involved in Egyptian crisis

Egypt’s Ministry for Foreign Affairs has summoned Tunisia and Turkey’s ambassadors’ respectively, in what it considers being a mingling in its internal affairs with respect to comments made by government officials from the two countries. These countries did not welcome the removal of President Mohammed Morsi from power by the military. The Minister of Foreign […]

Features Headlines Morocco

Morocco : Towards a Cabinet Reshuffle or Early Election ?

After almost two months of shilly shallying, the ministers from the Istiqlal Party, the main component of the coalition government, led by the Islamist Party for Justice and Development (PJD), have handed in their resignation to the head of government on Tuesday. The resignation may pave the way to ending the political crisis either through […]

Egypt Headlines

Egyptian interim leader names a new Prime Minister

The Egyptian interim leader Adly Mansour, has appointed Hazem El Beblawi as Egypt’s new Prime minister, after the democratically elected president Mohammed Morsi was ousted from office by the country’s army leaders. Presidential spokesman Ahmed El Moslamany announced in a statement that Mohamed El-Baradei is also appointed as Vice President responsible for foreign affairs in […]

Egypt Features Headlines

Egypt and Nigeria vow for more trade

Egypt and Nigeria have reiterated their determination to boost trade between them during the first edition of the Nigeria-Egypt Forum held in Abuja. Both countries were dissatisfied with the level of trade between them and new plans are underway to surpass their $150 million trade volume. Egypt’s ambassador to Nigeria, Ashraf Salama, said they should […]

Egypt Headlines

Egypt’s new interim leader sworn in

Adly Mansour, the leader of the constitutional court has been sworn in as Egypt’s new interim president, after the democratically elected president Mohamed Morsi was ousted by the armed forces through a ‘military coup’. The interim leader will remain as Egyptian president until presidential elections, but no date has been set yet. It’s now officially […]

Headlines Libya

Libya : Coalition party boycotts National Congress

The National Forces Alliance, Libya’s largest coalition party at the national assembly has decided to boycott the sessions of the constitution. The slow process involved in drafting a law for electing a constitutional committee motivated the decision. During a press conference organized by the party, spokesman Tawfiq Shahibi said the General National Congress (GNC) “has […]

Egypt Headlines

Army ousts Morsi from power

Egyptian army has ousted the country’s President Mohamed Morsi through “a coup” on Wednesday night, after he rejected the 48 hours deadline issued by the army to put the country back to order after numerous protests in Tahrir Square, and a nationwide unrest claiming many lives. The leader of the Army General Abdel Fattah al-Sisi […]

Features Headlines Tunisia

Tunisia follows Egypt and launches Tamarud

After Egypt’s Tamarud campaign was made a succes with the intervention of the military, Tunisia’s opposition activists have decided to begin a similar move against the coalition government led by Ennahda. They have vowed to start collecting signatures to end the government’s mandate. The spokesman of Tamarud Tunisia, Mohamed Bennour told reporters at a press […]