First Independent Mena Newspaper
The National Forces Alliance, Libya’s largest coalition party at the national assembly has decided to boycott the sessions of the constitution. The slow process involved in drafting a law for electing a constitutional committee motivated the decision. During a press conference organized by the party, spokesman Tawfiq Shahibi said the General National Congress (GNC) “has […]
Libya has applied to become a partner of the Organization for Security & Co-operation in Europe (OCSE) in a bid to receive support from this international security body and benefit from its assistance in matters of security, arms & border control, promotion of human rights, freedom of the press and polls’ organization. The Libyan application […]
Mauritania like some other countries in the Maghreb region is experiencing a rise in strength of the political arm of AQIM (Al Qaeda in Islamic Maghreb) known as Ansar al-Sharia. But unlike some of its neighbors such as Tunisia and Libya, where the group has a strong foothold, Mauritania has not experienced any popular uprising […]
The production of oil in the leading oil production country in Africa has suffered a drastic decline since its civil war in 2011. The ongoing protest in Libya has led to the closure of two export terminals and an entire oil field. Frequent disruptions in the MENA region has led to North America leading the […]
Three important state firms will have their headquarters moved from Tripoli to Benghazi in the drive to give the eastern city more authority. According to a government decree, Libyan Airlines, Libyan Insurance Company and the National Investment Company, as well as the Tripoli-based National Oil Corporation (NOC), will be transferred. The decree has to be […]
Libya could be investing $140 billion on infrastructure, energy, utilities and industry to assure a sustainable future within the next 10 years of the rebuilding process. A major business conference dubbed “Libya Projects 2013” will be organized by MEED, in association with Business Mirror from the 3rd – 5th of June, to verse local and […]
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 […]