Egypt Features Headlines

Egypt the Least Gender-Friendly Country in the MENA Region

According to the “gender” survey of the Thomson Reuters Foundation, the position of women has deteriorated throughout the region of North Africa and Middle East since the onset of the Arab Spring. Out of 22 survey countries, three – Egypt, Yemen and Syria – found themselves at the bottom of the ranking despite being involved […]

Business Features Finance

World Bank and North Africa: 2013 in Review

In fiscal year 2013, the World Bank (WB) has supported 16 projects worth 2.1 billion USD, out of which 1.8 billion USD came from the International Bank for Reconstruction and Development (IBRD) and 249 million USD from the International Development Agency (IDA). 56.4 million USD were committed separately for the West Bank and Gaza. On […]

Features Headlines Libya

Libya – a Tourist Hotspot in the Making?

Despite many hurdles ranging from armed militia, fragile government to terrorism, Libya’s tourist minister, Ikram Abdulsalam Imam, believes that his country has the potential to become a new North Africa tourist hotspot. Although Libya is undoubtedly rich in places worth seeking, including 1,000 beaches, ancient Roman and Greek ruins, or palm-fringed oases, the world is […]

Algeria Features Headlines

Algeria: Government takes over steel production from ArcelorMittal

ArcelorMittal, the world’s largest steelmaker, has entered a partnership deal with the Sider, a state-owned company, to meet the local demand for steel as the arrival of car producing companies in the country continues. The deal was described by ArcelorMittal as a “strategic agreement” agreeing to lower its stakes at two steel complexes in favor […]

Features Uncategorized

After Western Interventions, North African Countries Still Face Many Challenges…

Many North African and Middle Eastern countries are in a state of great uncertainty. The struggles and revolutions of the Arab Spring struck down many oppressive governments, but violence has spread beyond North Africa and given way to insecurity in many states that were beyond the epicentre of the events – and these conflicts are […]

Columns Features Opinions

China’s Presence in North Africa: A Win-Win Relationship?

In 2010, Chinese foreign direct investment (FDI) accounted for approximately 68 billion USD, as compared to 2001, when China invested only 911 million USD overseas. The rapid increase in FDI between 2001 and 2010 was also facilitated by China’s ‘going global policy’ of 2002 that promoted competition for the share in global markets and natural […]

Algeria Headlines

Algeria talks investment with India

During a meeting with the Confederation of Indian Industry (CII), the Algerian delegation headed by Bouarroudj Mohamed Tahar, the country’s director general of mines, which is currently on a visit to the Indian capital, has called upon Indian entrepreneurs to carry out a feasibility study for cooperation in the fertilizer industry and to explore investment […]

Editorials Opinions

What Future for the North Africa-to-Europe Power Super-Grid?

With the EU aiming to increasingly meet its energy needs from renewable sources – 30 per cent by 2020 and almost 100 per cent by 2050 – a great portion of this renewable power will have to come particularly from large-scale photovoltaic (PV) installations in sunny regions of the North Africa. But since the Maghreb […]

Business Emerging Markets

Swissport Enhances Its Presence in North Africa

Swissport International, a global provider of airport ground services, has been awarded lately a 5-year ground handling licence for Oran International Airport. It is the 2nd contract bagged by the company in Algeria and the third deal gained in North Africa after securing similar licences for Morocco’s major international airports. With these contracts in pocket, […]