First Independent Mena Newspaper
The popular uprisings and political turmoil rocking the region of North Africa and the Middle-East since 2011 have dealt a hard blow to the sector of tourism that suffered losses going up to $ 15 billion, according to Arab Tourism Organization (ATO). At a meeting held lately in Jeddah (Saudi Arabia), ATO president Bandar Al-Fuhaid […]
By international standards, extreme poverty or destitution is relatively low in the countries of North Africa. According to the World Bank, the number of those living below 2 USD a day was 13.9 percent in 2008, which would make the region of Middle East and North Africa (MENA) the fourth poorest region in the world […]
Western Sahara was front and center in CNN’s latest edition of Amanpour, marking a rare instance in which the oft-overlooked and stalemated conflict has been treated as more than a peripheral issue in the Western media. Amanpour hosted and plugged a new documentary film on the Western Sahara that claims to shed light on the […]
Women in MENA countries have made big strides over the past four decades in the fields of education and health coverage, but they still face serious hurdles in the labor market, says a World Bank report. The progress made by countries of the region to bridge gender gaps has not been matched by increases in […]
Dustin Dehez The freshly confirmed U.S. Secretary of State, John Kerry, has only been in office for a couple of weeks and has already raised some eyebrows. Despite some misgivings from the foreign policy establishment, his first overseas trip took him to Europe and some key Middle Eastern allies. Most had expected him to go […]
The IMF Deputy Managing Director, Naoyuki Shinohara, pointed out last year that “the most striking trend in Asia’s rise as the world’s leading source of exports has been the growth in intraregional trade. While global trade and Asia’s trade with economies outside the region have doubled since 2000, intra-Asian trade has tripled, and regional trade […]
In 1991, shortly after the Berlin Wall came down and the Cold War had ended, Tom Petty and the Heartbreakers released their 8th album called “Into the Great Wide Open”. The album included a song by that very title and in it, Tom Petty and Jeff Lynne had penned the following line: “Out in 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, […]
The drop of benefits prompted banks, fast earning mongers, to proceed to a wave of dismissals. In 2011, Barclays already split up with more than 4,400 employees, Crédit Suisse planned to expel 2,000 persons and Lloyds Banking Group, 10,000. The massive suppression of jobs is a trend that has affected the financial world for many […]
Doing business in North Africa seems to be very challenging and still largely for the intrepid. The World Bank’s annual survey ‘Doing Business’ provides data on the relative easiness (or difficulty) of running a business around the world. A high ranking on the ease of doing business index means the regulatory environment is more conducive […]