First Independent Mena Newspaper
The Arab Monetary Fund said that the expected economic growth in Morocco by the end of 2022 will not exceed 1%, after last year’s 7.9%, and that 2023 growth will reach 4%. The fund stated in its recently-issued Arab Economic Outlook Report that the yield of the main cereal crops will not exceed 32 million […]
Libya’s Public Prosecutor Siddiq Al-Sur announced the discovery of 3,329 forged voter registration cards in Libya’s election database system, as calls for elections come mainstream. Al-Sur made the announcement Wednesday during a press conference regarding the development of investigations into the national number system and the database of those registered to vote in the elections. […]
Dubai will host in November 11-20 the Esports Festival, Dubai Esports Festival (DEF2022), at Dubai Exhibition Centre at District 2020, reports say. DEF 2022 will be the first international leisure event to be held at the Dubai Exhibition Centre following Expo 2020. VSPN, a global leader in esports, is the leading partner for the event. […]
The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has signed an agreement with Riyad Bank to acquire a SR500 million ($133.13 million) real estate financing portfolio, reports say. Fabrice Susini, CEO of SRC and Tareq Al-Sadhan, CEO of Riyad Bank signed the deal in the presence of of […]
Egypt’s President Abdelfattah al-Sisi has named Hassan Abdallah as acting governor of the central bank of the country after the former chief resigned Wednesday. Abdallah until the appointment Thursday was Chairman of the Board of Members of the United Media Services Group (UMS). The 62-year old man replaces Tarek Amer who resigned Wednesday but was […]
The Dubai-based Emirates airline will suspend all flights to Nigeria from 1 September after the West African country has failed to repatriate millions of dollars of its funds. The airline said it took the “difficult decision” in order to limit further losses, citing circumstances “beyond our control”, in a statement on Thursday (18 August). Emirates […]
Mali has accused France of violating its airspace and supporting “terrorist groups” by delivering weapons to armed groups, the latest in a barrage of accusations that have strained the relationship between the West African country and the former colonial power. In a recent letter to the UN Security Council’s president, Mali’s Foreign Affairs Minister, Abdoulaye […]
Exiled Chadian rebel leader Timan Erdimi has returned to his homeland after a decade in exile in Qatar for talks aiming to pave the way for democratic elections, though boycotts by rebel and opposition groups remain major hurdles. The 67-year-old Erdimi, who heads the Union of Resistance Forces (UFR) returned to Chad Thursday (18 August), […]
A spike in tensions between the United States and China over Taiwan has not gone unnoticed in Africa and has prompted responses that underscore the continent’s tilt toward Beijing. Washington announced trade talks with Taiwan on Thursday (18 August) following a US congressional delegation’s visit earlier this week that came on the heels of a […]
Canadian mining company “Gold Lion” announced on Thursday the development and exploration of a manganese mine in Morocco by signing a letter of intent to acquire a 50% interest in a mining license from Ermazon SARL, a wholly owned subsidiary of Elcora Advanced Materials Corp. Manganese is an electric vehicle or “EV” metal used to […]