First Independent Mena Newspaper
Štefan Füle, Commissioner for Enlargement and European Neighborhood Policy, has become the first highly positioned European Union (EU) representative to visit Tunisia and have a discussion with the new government. At the end of his visit, he said the EU will support the country’s transition period after signing an agreement to finance social programs aimed […]
The government has decided to stop the process of the bids it has tendered for the procurement of the management of Libya’s state-owned Libyan Post, Telecommunication and Information Technology Corporation (LIPTIC). Almadar and Libyana are the two mobile operators in the country which are part of LIPTIC’s several subsidiaries. Reasons for the decision are yet […]
The current African tour undertaken by King Mohammed VI of Morocco is taking place in a particular juncture marked by the war in Mali and the growing activity of Al Qaeda affiliated groups in the Sahel-Sahara strip. The situation in Mali will thus be a focal issue in the talks the Moroccan King will successively […]
Good news is coming out of Egypt’s Sukari gold mine. Centamin has announced that it is expecting more than a 20% increase in its production this year. The company which is focused on mineral exploration, development and mining has been achieving positive results for the past couple of years. Some of the company’s expansion projects […]
The managing director of the International Monetary Fund (IMF) Christine Lagarde on her current visit to Algeria said that the country still has room for growth but needs to reduce unemployment. She made these remarks shortly after having a meeting with President Bouteflika, Prime Minister Sellal, Governor Mohammed Laksaci of the central bank and other […]
The Egyptian government has set aside several development and investment projects despite the ongoing crisis as revealed by the ministers of the civil aviation and investment respectively. The Civil Aviation Minister, Samir Embaby Mewaly, has announced that the government will be pumping $20 million in a project aimed at developing the vicinity of the capital’s […]
World Bank has pumped a quarter of a billion dollar in Egypt to create job opportunities. The money is channeled through labor-intensive projects with the objective of developing skills and easing the employment of people. Priority is being given to those in the poorest areas of the country such as Upper Egypt. The bank’s country […]
The World Bank has extended Morocco a $160 million loan designed to support reforms in Morocco’s business environment to spur competitiveness and boost growth and job creation in an increasingly competitive global economy. The First Economic Competitiveness Development Policy Loan approved this week by the World Bank will improve transparency and accountability in investment procedures […]
The head of the Libyan Investment Authority (LIA), Mohsen Derregia, who has been sacked by Prime Minister Ali Zeidan but still reluctant to leave office, has said that the decision is costing the country millions. He was replaced under a government policy but the decision is being challenged in court. The defiant Derregia claimed that […]
Moscow is looking forward to sell its latest weapons to Libya, now under new government, after the collapse of Gadhafi regime which was Russia major client in the region. According to foreign intelligence reports, the Russians seek by all means to restore military cooperation ties with the North African country and secure their market share […]