First Independent Mena Newspaper
Saudi Arabia will give Tunisia $500 million as a soft loan and a grant to help improve its public finances with the national budget suffering a $2-billion deficit, the Saudi state-run news Agency SPA reports. Tunisia is facing an acute economic crisis compounded by the pandemic coupled with a tense domestic political crisis. The North […]
Few Tunisians are expected to cast ballots in the second round of a vote for a parliament that has been stripped out of its powers as part of a power grab by President Kais Said in a context where the Tunisian economy is on the verge of collapse. The second round is taking place on […]
Tunisia announced Tuesday its National Guards forces curbed eight illegal migration attempts and arrested 213 people from different regions of the country, Anadolu news agency reports. “As part of the fight against the phenomenon of illegal migration, during the night of Monday to Tuesday, maritime units of the National Guard have managed to thwart 8 […]
Egypt’s central bank governor, Tareq Amer, resigned on Wednesday amid the country’s ongoing economic crisis and the Egyptian President accepted his resignation, according to several press reports. Amer had been at the helm of the central bank since 2015, and was due to hold the position for another year. The resignation comes amidst a severe […]
Algerians from all walks of life continued to suffer in 2021 from acute shortage of bread, milk, cooking oil, potatoes, sugar, pasta, oxygen for covid-19 patients and ICU beds, while their rulers are squandering the country’s petrodollars on military expenditure. Such explosive social situation with deepening political crisis is fueling Hirak pro-democracy protestors demanding a […]
As Algeria sinks into an unprecedented economic and social crisis, Algeria’s president indulges himself and his military rulers with his diatribes against Morocco, Israel and France in a warmongering rhetoric that is reflective of a regime in disarray, verging on insanity. Tebboune spoke to local journalists representing two mouthpieces of the regime about everything except […]
The Tunisian state might no longer be able to pay salaries to civil servants and supply electricity of its citizens, Rached Ghannouchi speaker of the parliament told his party members Wednesday, Webdo Tunis reports. Speaking at a ceremony marking Eid al-Adha, Ghannouchi reportedly told members of the Islamist Ennahdha movement that the situation is caused […]
The plummeting oil prices propelled Algeria in an economic crisis marked by a sharp decrease in exports and a deepening budget deficit threatening to halt several mega projects in the country, chief among which is Algeria’s mega mosque. In 2011, when global oil prices were at their peak, works started to build the mosque overlooking […]
Algeria, member of the OPEC Cartel and a major oil & gas producer in the region, has raised regional and international concerns when it announced plans to build a nuclear power plant at a time social tensions are growing at home amid a political and economic crisis. The Algerian nuclear project was discussed lately with […]
The Mauritanian Government will next month organize a roundtable with its technical and financial partners in a bid to mobilize $117 million necessary to implement the national youth strategic program. The roundtable, scheduled for February 18, will gather Mauritania’s technical and financial partners who will discuss means of mobilizing $117 million necessary to implement the […]