First Independent Mena Newspaper
The Organization for the Prohibition of Chemical Weapons (OPCW) has called on Egypt and Israel to emulate Syria and join the convention banning chemical weapons. Both countries are believed to be in possession of chemical weapons and the head of OPCW Ahmet Uzumcu thinks that it is time for them to “reconsider” their decision. The […]
The Central Bank has announced that foreign exchange reserves have reached new levels since the interim government took over in July. This report marks the third consecutive time that the reserves have been depleting. Analysts have claimed that the trend will continue till the end of the year. The country’s reserves dropped from $18,6 billion […]
Egyptian officials have renewed their efforts to draw back investors, especially in the energy sector, at an investment conference by paying the debts owed to foreign oil companies. Prime Minister Hazem el-Beblawi said that $1,5billion of the $6billion debt has been approved. The Egyptian economy is suffering from the political crisis which has driven away […]
Cairo is hoping to raise the share of its gas during a new wave of exploration in the Mediterranean following some major Israeli oil discoveries in the region. Israel confirmed on November 26 that it had discovered some visible signs of natural gas in the Mediterranean, which are in fact very close to drilling sites […]
A draft copy of the Egyptian constitution has been published by state-run newspaper, Al-Ahram. The draft which is expected to be voted finally on Saturday by the committee could be validated through a referendum next month. Critics have stated that certain articles tend to draw Egypt back into the claws of the military. Religious political […]
Egypt’s interim Prime Minister Hazem el-Beblawi put off the date for the constitution referendum to the second half of January next year, rather than next month as planned before. The delay in referendum comes just a day after public protests had been banned. The new constitution is currently being drafted and the nationwide referendum is […]
Egypt’s 50-member constitutional committee is almost on the verge of finalizing the constitution but continues to be delayed by “some differences” in within, committee Spokesman Mohamed Salmawy stated. 10 members of the committee walked out of sessions after brutal police interventions to disperse protesters under the new law which restricts public protests. Tamarod also released […]
Mauritanians voted in an election over that weekend that was boycotted by most of the radical opposition. While the country’s current President, Mohamed Ould Abdel Aziz, is expected to retain power, the formerly banned Islamist party Tewassoul that wants to establish Sharia law looks poised to win seats in parliament. It was the first time […]
Political crisis is continuing to do damages to the Tunisian economy and rating agencies have been continuously rating it negatively due to political uncertainty. The country is on the verge on facing the same foreign currency reserves that Egypt is going through before the intervention of Qatar lately, sources revealed. Qatar National Bank is reported […]
As changes continue to redesign the landscape in the Middle East-North Africa region and in Africa, Morocco’s longstanding, friendly relationships with these two regions open new avenues for U.S.-Morocco cooperation, all the more so as the two countries have a shared vision on a set of regional issues, ranging from economic development to stability, from […]