First Independent Mena Newspaper
Following unsuccessful attempts by the Libyan government to end the siege laid on several oil ports in the country, it has issued another warning renewing the illegality of oil companies cooperating with the militias. The latest press release was prompted by intelligence that companies are “trying” to deal with militias despite earlier warnings discouraging such […]
The UGTT (Union Générale Tunisienne du Travail) union federation – which represents hundreds of thousands of Tunisian workers – mediating Tunisia’s political crisis announced Tuesday that it would “suspend the national dialogue” on choosing a new prime minister after political leaders again failed to agree on a candidate. The political tensions and economic instability that […]
Morocco does not need to take lessons on human rights from anybody, and especially not from those who “systematically” violate these rights, said Morocco’s king Mohammed VI on Wednesday. “Morocco refuses to receive lessons on the subject (of human rights), especially from those who systematically violate human rights. Anyone wishing to outbid Morocco has to […]
Economic committees from Algeria and Serbia will be meeting to discuss means of further developing the economic cooperation between their respective countries in Belgrade. Prior to their meeting, Serbia’s First Deputy Prime Minister Aleksandar Vucic and Algerian Minister of Water Resources Hocine Necib met to discuss bilateral relations they share. Algiers is very supportive of […]
The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]
Tunisian political parties have been unable to choose a new Prime Minister during their week long negotiations. Monday has been fixed as the new deadline for them. Some members of the opposition are accusing Ennahda of delaying the process in order to stay longer in power. Several names have been considered as potential candidates in […]
Relations between the two Maghreban enemy brothers, Morocco and Algeria, have taken an ugly turn after the Algerian president Abdelaziz Bouteflika called for the establishment of a mechanism to monitor human rights in Western Sahara, a territory whose independence is claimed by the Polisario. The call was immediately denounced by Morocco and to make its […]
Chairman Sherif Samy of the Egyptian Financial Supervisory Authority (EFSA) has stated that the financial sector will be revised before the end of the year in order to ease and fasten the transactions. Capital markets in Egypt suffered deeply from the revolution which began in 2011 forcing several foreign portfolio managers to withdraw their money […]
A top economic consultant and advisor of the Algerian government, Abdelhak Lamiri, has hinted that the government could be announcing economic reforms which could open the economy to foreign investors after the 2014 elections. In recent times, the government has taken several policies oriented towards liberalization. The current government is gearing up for an immense […]
Tunisia’s southerners are complaining of being neglected by the government after the Arab Spring due to the state of the once vibrant tourism sector in the region. They blamed the lack of tourists in the area on the ever frequent cancelations of international and local flights. The government is accused of only interested in marketing […]