First Independent Mena Newspaper
Britain which is seeking to reduce its dependency on Qatar for gas imports is said to be eying Algeria as its next supply market, while the North African country is looking for investments in its oil and gas sector to boost revenue, potentially dented by the In Amenas gas plant attack. The visit of the […]
In the past ten years, North African countries progressed in liberalizing their trade relations with the EU as well as Korea. As part of the Euro-Mediterranean (Barcelona Process) Partnership, North African nations and the EU entered association agreements with provisions for free trade in industrial goods. This opened doors for European manufacturers to new export and investment markets. Most recently, North African nations and the EU launched initiatives to extend their agreements to trade in agricultural products, trade in services, government procurement, and trade harmonization. Trade between North Africa and Korea also exploded in the past five years. As latecomers to North Africa, […]
Egypt’s Minister of Finance, Mursi Hijazi, revealed that the country is losing about 100 million pounds per day because of insecurity and political unrest and that workers’ repeated strikes have also contributed to the losses. According to the minister, “the losses are caused by various disruptions, such as sit-ins, protests, cutting off roads and breaking […]
Nineteen foreign tourists from Britain, France, Japan, Hong-Kong, China and Hungary were killed in a hot air balloon crash that occurred Tuesday near the Egyptian city of Luxor The balloon was at 1,000ft (300 m) when it caught fire and plunged into fields west of the ancient city. This tragedy, the world’s worst ballooning accident, […]
A study led by Nottingham Trent University’s School of Architecture, Design and the Built Environment found that Libya could generate enough renewable power to meet its own demand and a “significant part of the world energy demand by exporting electricity”. The study declared that Libya has an average daily solar radiation rate of about 7.1 […]
After opening its doors to Arab tourists, Egypt has now turned onto the Public-Private Partnerships (PPP). It is inviting all foreign investors to increase their involvement in such partnerships especially those from Britain. The finance minister, Al-Morsi Hegazy, said it will help the investors “profit from promising opportunities.” The minister made these remarks shortly after […]
In a bid to boost its tourism industry, Egypt has come up with the plan of exempting neighboring countries in the North African region from visa procedures when they are entering the country as tourists. It is being reported that only Libya, Tunisia, Morocco and Algeria are part of the exempted countries that will no […]
Algeria-born jihadist Yahya Abu Hamam, emir of al Qaeda in North Africa, has been added by the US to the list of global terrorists for his key role in the group’s terror activities in the Maghreb and Sahel region. Hamam spent 18 months in jail in Algeria for his terrorist activities. After his release, he […]
Tunisian businessmen expressed interest Algeria’s furniture and interior design market and showed their willingness to develop partnerships with their Algerian counterparts in the sector. The director of the Tunisia program of ‘Export to Algeria,’ Riadh Bezzarga, said that the sector is “flourishing” in Algeria and it has a “great potential” to grow especially when the […]
Archaeologists in Egypt have made a great discovery. They have discovered the pyramid of one of the most influential person during the era of the pharaohs. According to the minister for antiquities, Mohammed Ibrahim, a pyramid dating back to more than 3,000 years which was built for an advisor to King Ramses II has been […]