First Independent Mena Newspaper
Tunis Financial harbor was the topic of discussion between the Tunisian government and Bahrain’s investment bank Gulf Finance House. The latter wants to develop the harbors aiming to be North Africa’s first offshore financial centre. A high profile delegation from GFH led by acting CEO, Hisham Alrayes, and Lutfi Alzaar, the CEO of Tunis Financial […]
Negotiations for a loan agreement have commenced between the World Bank and the Egyptian government for the financing of the privatization and restructuring of the public sector. The government is being urged by Dr. Fakhry El-Fekky, the former International Monetary Fund’s assistant managing director to uphold the privatization process that was began by the former […]
Before the Soviet Union controlled the former republics of Central Asia, Sufi brotherhoods dominated the religious scene in Chechnya, Uzbekistan and Tajikistan. However, the Soviet policy toward Islam drove these Sufi groups underground for fear of persecution. In the aftermath of the fall of the Soviet bloc, legions of radical Islamists filled the gap left […]
The Party of justice and development (PJD) is the first Islamic party to lead the government in Morocco’s modern history. This was the results of the early elections held in Morocco on November 25, 2011. The Islamist party won 107 out of 395 seats. Between pros and cons, the Moroccan society has different views about […]
The International Organization for Migration (IOM) has launched an appeal to aid donors to raise $ 800,000 to enable the intergovernmental organization provide reintegration support to up to 1,000 stranded Sub-Saharan African migrants who want voluntarily to return to their home on flights provided by the Moroccan government. The IOM assistance will be provided to […]
Tunisia’s president, Moncef Marzouki, has voiced concerns over insecurity in the region as he claims that Islamist militants linked to Al-Qaeda are moving towards North Africa from Southwest Asia. He blames their migration on the lack of policing of the Sahara desert by North African countries which heavily dominates the southern part of the region. […]
A sovereign bond worth almost a billion dollars could go on sale by the end of this month although it could be pushed back to latter date depending on the advice the central bank receives. The bond is likely to be of medium term maturity. The governor of the kingdom’s central bank, Abdellatif Jouahri, was […]
Results of a campaign to collect arms and ammunitions from civilians is considered to be encouraging after hundreds of them handed over their weapons to national army troops stationed in Tripoli, Benghazi, Zintan and Yefrin. The action is in line with the government’s ambitions to curb the level of insecurity in the country after an […]
Mauritania, one of the world’s poorest countries, has received over $ 10 Million grant from the European Union to help the country enhance its border security and strengthen its capacities in the fight against terrorism and all forms of illegal activities (drugs, weapons & human traficking), sprouting in the region. The grant will enable Mauritania […]
US House lawmakers have blocked a $450 million emergency aid the Obama administration was planning to give to the new government of President Mohammed Morsi, facing unprecedented economic crisis, with an estimated budget deficit of $12 billion. Republican Rep. Kay Granger of Texas, chairwoman of the Appropriations subcommittee on foreign operations, says “I am not […]