Egypt Headlines

Egypt: Cabinet Lambasts Western Media Critical of al-Sisi’s Economic Management

The Egyptian government has slammed New York-based Blomberg media and London-based The Economist for their critical reports on the Egyptian economy, which, they said, is doing poorly due to President al-Sisi’s incapacity to drive the country out of the difficult economic situation it has been facing since 2011. Blomberg’s editorialist on Tuesday put the economic […]

Headlines Tunisia

Tunisia’s Uphill Battle to Attract Tourists

The terrorist attacks that struck Tunisia in 2015 have scarred the country’s reputation as a holiday destination and left it struggling to win its share of the Mediterranean tourist market back. This year, Russians and Algerians are saving the tourist season after ISIS attacks deterred tourists from the traditional markets of France, Britain, Germany and […]

Headlines Morocco

Morocco Climbs Six Places in Global Innovation Index

The Global Innovation Index 2016 has been released, with Morocco climbing six places from 78th (2014) to 72th in a ranking of 128 surveyed countries. The report, published by the United Nations World Intellectual Property Organization (WIPO), has swiftly become a widely used metric for assessing the state of innovation in various countries. In gaining […]

Egypt Headlines

Egypt: Judoka Islam El Shehaby Sent Home for Snubbing Israeli Opponent’s Handshake

The Egyptian judo athlete who caught world attention for snubbing handshake with his Israeli opponent after their contest in the Rio Olympics has been sent back home by his own team for the unfriendly behavior, the International Olympic Committee announced Monday. “The Disciplinary Commission (DC) considered that his behavior at the end of the competition […]

Egypt Headlines

Controversy Surrounds IMF-EGYPT $12 billion Loan Deal

The International Monetary Fund (IMF) recently reached an initial agreement to lend $12 billion to Egypt to bolster an economy battered by years of unrest, a move that was denounced by some activists who see the loan terms will further cripple the Egyptian economy. A letter by a number of political groups and figures was […]

Business Emerging Markets Features

Algeria, Morocco’s First Trading Partner in Africa

Algeria is Morocco’s first customer and supplier in Africa, despite the stalemate in political and diplomatic ties between the Maghreb’s two populous countries, which remain at loggerheads concerning a range of regional issues. A study issued by the OCP Policy Center, a policy oriented think tank based in Rabat, surprisingly showed that Algeria is Morocco’s […]

Europe International

Morocco Second Biggest Buyer of Spanish Arms in Africa

Morocco is the second biggest buyer of Spanish Arms in Africa with imports totaling 452 million dirhams in 2015, Spain’s Trade Ministry said. In a bid to diversify its arms suppliers, Morocco is buying military equipment and ammunition from Spain, Spain’s Trade Ministry said in a report, adding that Egypt tops the list of Spanish […]

Egypt Headlines

Egypt: President Sisi warns Egyptians “tough or harsh” austerity policies are ahead

Speaking at a youth forum on leadership, President Sisi informed Egyptians that the government will be introducing austerity measures when it finalizes a $12billion three-year loan agreement, probably before the end of the month, with the International Monetary Fund (IMF). For the president, “the problem is whether the public opinion is prepared to accept the […]

Egypt Headlines

Middle East Crisis: Netanyahu endorses Egypt’s peace efforts

Israeli Prime Minister Benjamin Netanyahu Thursday claimed support for Egypt’s peace push in the region to solve conflict between Israel and Palestinians, at the time when ties between Cairo and Tel Aviv rewarm. “I want to thank President al-Sisi for his leadership and for his efforts to advance peace between Israel and the Palestinians and […]

Headlines Libya

Libya: Cairo hosts meetings to narrow gap between Libyan rivals

The Egyptian government is hosting meetings between Libyan political rivals in a move to end deadlock between Head of unity government Faiez Serraj and President of House of Representatives (HoR) Ageela Saleh. The UN-backed political process in post Muammar Gaddafi Libya has been teetering with HoR refusing to endorse the Government of National Accord (GNA) […]