First Independent Mena Newspaper
Many security pundits have repeatedly warned that the political unrest, the eroding security situation and the flourishing weapons, human and drug trafficking in the Sahel/Sahara region have made of the area a terrorism breeding ground, an exploding powder keg, or what some have called ‘an arc of instability.’ The warning has just been echoed in […]
The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]
Egypt is considering a U-turn to international bond markets a few days after Morocco capitalized on cheap borrowing costs to reopen old bonds and raise $750 million. Its return will be the first time since the end of the revolution, after the new law allowing the country to issue Islamic-compliant bonds for the first time. […]
Libya has finally reacted to the accusations made by Niger following the attack on an army base and a uranium mine in Niger by Islamist insurgents. The attack, which took place last week Thursday, left 24 soldiers and a civilian dead and damaged machinery at an Areva mine. Prime Minister Ali Zeidan who is on […]
The Libyan ambassador to India, Ali Al-Issawi, said they have solicited India’s support in order to learn from its experience in drafting a constitution and rebuilding an economy. Ambassador Al-Issawi said they “are building the system from scratch” and they will need help in certain areas like parliamentary system and local administrative setup. Political figures […]
Shortly after Prime Minister Ali Zeidan’s return from an overnight visit to Egypt, a source close to his cabinet have revealed that the visit was centered on developing bilateral economic relations amongst which is the establishment of a free trade zone. Part of Prime Minister Zeidan’s visit was aimed at how to get Egyptian companies […]
The National Council of the Istiqlal Party decided on Saturday to withdraw from the Moroccan coalition government led by the Islamist Party for Justice and development (PJD). The decision was not a surprise to analysts who see in it the normal outcome of the fierce and controversial opposition the Istiqlal Party’s Secretary General Hamid Chabat […]
Oil minister Al Arusi has announced that they will be joining the campaign against the sensitive fuel market reforms and will also be scrubbing off oil subsidies, which take more than 10% of the budget, before the end of 2016. The decision to remove fuel subsidies on all types of fuel is blamed on smuggling […]
Libya’s leading internet service provider, Rawafed Libya, has concluded a wholesale multi-year agreement with Eutelsat Communications on the KA-SAT satellite, to upgrade its services to another level. The agreement will enable it to have a 1.6Gbit/s capacity on two KA-SAT spot beams, which will be used to provide the best available services to its new […]
After having satisfied the demand of the militias to adopt a law, which forbids authorities of the Gadhafi era from taking part in the political and administrative activities, militias still remain adamant to lift their blockade on the foreign and justice ministries. They are now asking for Prime Minister Zeidan’s departure from office. According to […]