Business Emerging Markets Headlines Morocco

Suspense over, Peugeot to open a factory in Morocco

Suspense has been building over the past few weeks about whether the French automaker PSA Peugeot Citroen would build a factory in Morocco or not. The suspense was finally dispelled on Friday. Morocco and the French firm have actually signed the accord under which PSA will build a factory in the North African country in […]

Egypt Features Headlines International

Egypt-UK: Sisi invited to visit UK, Human Rights Groups’ dismayed

Human rights groups on Thursday voiced their concerns over Prime Minister Cameroon’s invite to President Fattah al-Sisi whom they consider as “butcher of human right” following the mass and unlawful trials of Muslim Brotherhoods members this week among whom former democratically elected President Mohamed Morsi who has been handed death sentence by a Cairo court. […]

Features Headlines Tunisia

Tunisia: Fajr Libya leader to be extradited, an exchange possible

The Indictments Division of the Tunis Court of Appeal has decided to extradite Walid Kalib, a Libyan national and an important figure in Fajr Libya, citing an agreement with the Tripoli based government but many believe that it is geared towards freeing the abducted staff of the Tunisian embassy last week. Kalib was arrested last month […]

Egypt Features Headlines

Egypt gets €50m AfDB loan to develop agriculture

Cairo’s request for a €50.20 million loan from the African Development Bank (AfDB) for agricultural purposes has been approved by the bank’s board. The amount will be used to implement the Egyptian National Drainage program (NDP) destined to improve the country’s agricultural production and household income generation by developing irrigation systems as well as avoid […]

Features Headlines Libya

Libya: 4th peace proposal draft “positive” but also eyed with “displeasure”

The Tripoli-based government has welcomed the fourth version of a peace proposal draft by UN Special Envoy Bernardino Leon but the internationally recognized Tobruk-based government has stated that it will need time to examine it. Tripoli reacted to the latest draft for a transitional unity government as having “positive proposals that could lead to a […]

Egypt Features Headlines

Egypt ordered six AASM Hammer missiles from French Sagem

The French company Sagem said it has signed a major contract with the Egyptian Ministry of Defense for AASM Hammer air-to-ground missiles to be deployed by the Egyptian air force. This new contract comes just after Egypt purchased 24 Rafale omnirole fighters from Dassault Aviation. “We will deliver the first AASM Hammer missiles by the […]

Egypt Features Headlines

Egypt: Court verdict could lead to unwanted circumstances, UN

A Cairo court has upheld the death sentences issued for the alleged plotting of jailbreaks and attacks on police during the 2011 revolution, amongst them the former President Mohammed Morsi. The international community received the news with strong criticisms and many sides warned the ruling could jeopardize the country’s stability and reconciliation. The press office […]

Algeria Features Headlines

Algeria: Death of al-Qaeda top militant in Maghreb still unconfirmed

Algerian authorities who are in possession of DNA data of the notorious al-Qaeda Maghreb chief Mokhtar Belmokhtar did not confirm the information about the death of the wanted terrorist. Mokhtar Belmokhtar’s death, announced on Sunday by the internationally-recognized Libyan government, has not been confirmed by the Pentagon which is still verifying the information. An Algerian […]

Algeria Features Headlines

France seeks Algiers’ cooperation in fight against terrorism

French President François Hollande on Monday paid a short visit to Algeria where he discussed with ailing President Abdelaziz Bouteflika and Prime Minister Abdelmalek Sellal a number of security-related issues with focus on the fight against terrorism and the chaotic situation in neighboring Libya. During the seven-hour visit to the North African country, the two […]