US Secretary Of State John Kerry announced Sunday in Cairo the normalization of relation with Cairo despite a long spell of confusion following the overthrow of first democratically elected President Mohamed Morsi and the poor human right record of al-Sisi regime. At a joint press conference with his Egyptian counterpart Sameh Shukri, Secretary of State […]
Tag: Economic
Tunisia: 5year development plan to overcome economic and social challenges by 2016
Tunisia is preparing a five year development program that is expected to begin next year and the Minister of Development, Investment and International Co-operation Yassine Brahim said the plan will include strategic orientations and national priorities. The plan seeks the revival of Tunisian economy and also focuses on the social challenges after the end of the […]
Africa has the potential to be the next center of global economic growth, President Obama
“Africa has the potential to be the next center of global economic growth… and despite its many challenges, Africa is a place of incredible dynamism, some of the fastest-growing markets in the world, extraordinary people, extraordinary resilience,” President Barack Obama said. In a speech at the White House celebration of the signing of the African […]
Israel must loosen partially Gaza blockade to avoid future fighting, IDF panel
A panel of top Israeli Defense Forces officers deemed that a partial lifting of the economic blockade imposed on Gaza is necessary to ensure a long quiet truce with Hamas movement and other groups in Gaza. According to Israeli daily Haaretz which reported the news, the panel of top IDF officers which met nearly one […]
Egypt featured among unhappy countries, 2014 Country Well-Being Rankings Report
The 2014 report of populations’ well-being indicates that Egypt has slid into a country with no hope and acute economic stress according the Gallup Center on Wednesday. Egypt ranks 129th among 145 countries covered by the 2014 State Well-Being Rankings Report. Egypt is ranking below war-torn Iraq and Yemen. Panama ranks top of Well Being […]
Tunisia slashes economic forecast
The government in Tunis has decided to reduce its 2013 economic growth expectations after another evaluation. The previous 4,5% economic growth forecast has been reduced to 4%, because authorities believe the situation in Tunisia and the ongoing crisis in Europe will make it difficult to attain. Without pointing out any specific event within the borders […]
Tunisia and Algeria urge for exploitation
The governments of Tunis and Algiers have urged businessmen to capitalize on the investment opportunities given to them in a bilateral cooperation between two countries in order to promote trade and development. Both parties showed their willingness to promote dialogue in their relations and agreed on the elaboration of a roadmap for the development of […]
EU Approves about €5 billion worth of Economic, Political Assistance to Egypt
The European Union has agreed to extend Egypt nearly €5 billion economic and political assistance to help the country cope with the transition phase it is going through. The decision was made on Wednesday during the EU-Egypt Task Force, the largest-ever meeting between the European Union and Egypt. The economic and political assistance package will […]







