First Independent Mena Newspaper
The business park of 2.5-million-sq-m in Hidd at the Gulf Industry Fair, which opened in Bahrain on Feb 4, is a highlight of business opportunities Bahrain International Investment Park (BIIP) offers. A total number of 105 companies exist at the park out of which 30 were approved of last year, and when in full use […]
China and Japan are criticizing each other’s policies in Africa as each country pledges more money for the continent. While Tokyo has censured China’s foray into mineral-rich Africa, saying its approach is unhealthy for development on the continent, Beijing accuses Japan of courting African support for its effort to secure a place in the United […]
Algeria and France have intensified their cooperation at the end of French Prime Minister Jean-Marc Ayrault’s and nine ministers visit to the country by signing 9 partnership agreements. Much of the agreements were focused on economic and trade activities as France position as the biggest investor in Algeria comes under pressure from Chinese investments. Jean-Marc […]
“France must double its trade with Africa,” Hollande called on French business leaders during a major conference of French and African business leaders in Paris on Wednesday (4 December). If France can manage to achieve this, some 200,000 jobs will be created in France over the next five years. Hollande’s comments came ahead of a […]
The Islamic economy has for long been associated with the Islamic financial law. Based on the moral code and religious law of Islam – shari’a – Islamic banking requires very stringent capital requirements in loan markets, rejects interest rates, and promotes profit and loss sharing between the client and the bank according to the contract […]
Algeria and China are interested in implementing a bilateral cooperation in aquaculture and fisheries based on their mutual interest. Officials from both countries met to further discuss its development in Algeria with technical assistance from Beijing. The North African country is also willing to open its doors to Chinese investors in such sectors in order […]
In 2010, Chinese foreign direct investment (FDI) accounted for approximately 68 billion USD, as compared to 2001, when China invested only 911 million USD overseas. The rapid increase in FDI between 2001 and 2010 was also facilitated by China’s ‘going global policy’ of 2002 that promoted competition for the share in global markets and natural […]
The National Intelligence Council’s (NIC) report ‘Global Trends 2030: Alternative Worlds’ has outlined three global trajectories, or development in the interactions among world’s states, during the next 15-20 years. Under the ‘Reverse Engines’ scenario, mercantilism and protectionism could lead economic globalization to go into reverse, constraining technological breakthroughs required to manage scarce global resources. The […]
The production of oil in the leading oil production country in Africa has suffered a drastic decline since its civil war in 2011. The ongoing protest in Libya has led to the closure of two export terminals and an entire oil field. Frequent disruptions in the MENA region has led to North America leading the […]
At a time cyber attacks and cyber-spying are making the headlines almost every day and at a time cyber theft is rampant, France and Morocco have agreed to bolster their cooperation in cyber security matters and to enhance the capacity of national authorities in charge of information systems security. The broad lines of this enhanced […]