First Independent Mena Newspaper
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
An International Monetary Fund delegation is expected in Cairo this weekend to discuss a multibillion-dollar support program for cash-strapped North African country. The Egyptian economy has been hit badly by terror attacks and political unrests. The country has been suffering from severe foreign currency shortage since the beginning of the year. This was mainly because […]
More countries have joined the group of 28 member states of the African union, which addressed last Monday a motion to the AU chair expressing support to Morocco’s return to its African family and demanding the suspension of the self-proclaimed Sahrawi Republic from the pan-African organization. In this vein, Egypt’s Ambassador in Rabat, Ihab Jamaleddine […]
The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa on the backdrop of a slight increase in oil prices, but maintained its cautious outlook for Saudi Arabia. The Washington-based Fund said in its July 2016 World Economic Update report that the Middle East, along with Pakistan and […]