First Independent Mena Newspaper
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 […]
The Interior Ministers of the Western Mediterranean countries, gathered in the 5 +5 group, which convened their 15th meeting on Tuesday in Algiers, have renewed their pledge to fight terrorism and organized Crime, two plagues that are endangering the whole region, especially in the aftermath of the Malian crisis, which has many implications for all the […]
World Bank Vice President for the North Africa & the Middle East, Mrs. Inger Andersen, has paid lately a three-day visit to Libya carrying a message of hope and support to the efforts made by the new Libyan authorities to build a new democratic State. During her visit, first of its kind since the fall […]
Air British Petroleum (BP) has penetrated the Tunisian aviation fuel sector through a commercial and technical service agreement with Tunisia’s national oil distribution company, AGIL. The agreement allows service coverage at seven airports, namely Tunis Carthage, Djerba, Enfidha, Tozor, Tabarka, Monastir and Sfax. This is the second agreement of this type being concluded by the company […]