The stalled peace talks between the Israelis and Palestinians, the civil war in Syria, Iran’s nuclear program, North Korea, the Arab Spring uprisings, Afghanistan, Iraq and the growing threat from Islamists in North Africa are among the major hot foreign policy issues awaiting America’s new Secretary of State, John Kerry. In addition to the thorny […]
Headlines
Who Killed Tunisian Opposition Politician Chokri Belaid?
Thousands of angry Tunisians have mourned the assassination of opposition political figure Chokri Belaïd, a prominent opponent of the Islamist-led government of Hamadi Jebali. They took to the streets of the Tunisian capital in a huge march against the killing of the human rights militant who was shot in the head and the chest outside […]
Tunisia: PAR and Sondes waiting on partnership
Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources (PAR) is still looking for farm-in partners for the Zarat license offshore Tunisia. The two companies hold the joint oil block license north of the Zarat concession, concerning unitization principles for the Zarat […]
Michelle Peresso announces arrival in Libyan markets
Malta-based Michele Peresso Group, best known for its sportswear stores, is planning to open retail outlets in Libya while also expanding into solar energy production. Maltese Prime Minister, Lawrence Gonzi, said that it will be the first time the group goes into Libya’s market during a visit to the group’s Birkirkara head offices where he was […]
Egypt Gets $6 M from IFC to Promote E-Payments
International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic payment provider, in an effort to promote financial services and encourage economic development across the country. IFC’s investment will help Fawry embark on expanding its network of payment terminals across the country to make […]
Muslim States Urged to Address Endogenous Reasons Behind Crises
The King of Morocco has urged Muslim nations to address the endogenous reasons behind the crises facing the Muslim world rather than justify these crises by external factors. The Islamic world should stop justifying crises by casting all the blame on external reasons or factors, instead of addressing endogenous causes, underlined King Mohammed VI in […]
Algeria to generalize fiber optic connections in industrial areas
Plans are underway to generalize fiber optic connections between all industrial areas and business parks in Algeria and telecommunication operator Algérie Télécom will be supported in its investments efforts to carry out the plans. The announcement was made by minister of post and ICT, Moussa Benhamadi, during the signing ceremony of a Framework Agreement between […]
Libya: Lufthansa Suspends Flights for Second Time
Germany’s Lufthansa and its subsidiary Austrian Airlines have halted flights to Tripoli due to insecurity in Libya, a spokeswoman said on Tuesday. The decision came as a preventive move to avoid any eventual attack from armed men who have declared European interests, companies and citizens as “enemies.” The company started operations in Libya barely a year ago after […]
Libya’s Post-Gaddafi Transition: Facing Challenges but Avoiding ‘Arab Winter’
It has been more than a year since Muammar Gaddafi died during the Battle of Sirte, his home town, thus symbolically bringing Libya’s 42-year-long nightmare to its end. Since then, Libya has experienced a relatively speedy transition from Gaddafi’s brutal dictatorial regime to a fledgling democracy when it held, in July 2012, its first free […]
IMF Reaffirms Morocco’s Qualification to Access PLL
The International Monetary Fund Executive Board has reaffirmed Morocco’s continued qualification to access the Precautionary Liquidity Line (PLL) resources as approved in August 2012. The IMF made the decision after it completed the first review of Morocco’s performance under the economic program supported by the two-year PLL arrangement and after concluding the 2012 Article IV […]









