Blogs Community

Palestine: Hamas disapproves Saudi terror group label

Hamas has reacted in disbelief after the Saudi’s Foreign Minister Adel al-Jubeir termed it as being part of the extremist and terrorist groups supported by Qatar. A statement released by the Gaza-based group stated that remarks made by the Minister are “a shock to our Palestinian people and to our Arab and Islamic nation, which […]

Headlines Morocco

COP22: Forty-two Countries Launch NDC Partnership to Deliver on Paris Agreement

In a move that matches climate finance with action, forty-two countries from different continents signed to the NDC Partnership, which was launched, on Tuesday November 15, at COP22 Moroccan Pavilion with the aim of enhancing cooperation among nations so that developing countries have more effective access to the technical knowledge and financial support necessary to […]

Energy Finance Headlines Morocco

BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]

Business Headlines Morocco

Tourism Contribution in Morocco’s GDP Rose to 6.5% in 2015

The contribution of the tourism sector in Morocco’s GDP stood at 63.7 billion dirhams in 2015 compared to 61.9 billion dirhams in 2014, that is a 2.8% rise that brought the share of the sector in the overall GDP to 6.5%, the national statistics office (HCP) said. Prospects for growth in 2016 have been slightly […]

Headlines Tunisia

Tunisia: 82nd business-friendly country, Forbes Magazine

Forbes Magazine’s 2015 ranking of business-friendly countries revealed Thursday puts Tunisia at the 82th position highlighting a progress in terms of personal freedom to under-take. Ranked 87th last year, Tunisia bounced back with few spots to reach the 82nd position over 144 countries, mainly for the little progress on personal freedom criterion. The Magazine estimates […]

Headlines Tunisia

Tunisia: National Dialogue Quartet picks up Prize calling for creation of Palestinian state to end terrorism

Months after being crowned winner of 2015 Noble Peace Prize, Tunisian Dialogue Quartet Thursday in Oslo solemnly picked up the award paying tribute to freedom, democracy and rights fighters in Tunisia from all social classes and reminded the international community of the urgency to build a self-determined Palestinian state as a major step in the […]

Africa Europe Features International Uncategorized

EU’s Development Aid for Uganda in Question after Anti-Gay Law Passed

As a result of Uganda’s latest discriminatory law against homosexuals, a number of EU countries have expressed their intention to cancel development aid for the country. Despite warnings of the international community, Uganda’s President Yoweri Museveni, gave its ‘yes’ to an anti-gay bill that introduces an “aggravated homosexuality” offence, which is punishable by life imprisonment. […]

Business Energy Features

Libya : OMV Satisfied with Libyan Results

Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss. Libya has proved to be a difficult place for business especially for companies […]

Algeria Headlines

WTO: Algeria Wants In

A statement from the Algerian ministry of Trade has stated that the 11th formal meeting of multilateral negotiations for the country’s return to the World Trade Organization (WTO) will take place this Friday. Trade minister Mustapha Benbada will be representing Algeria. He will be backed by a delegation of trade experts and negotiators in order […]

Algeria Features Headlines

AQIM Avenges Foreign Intervention in Mali with Abductions in Algeria

At least eight foreigners, including Britons, Norwegian and Japanese nationals were seized Wednesday in Algeria by Islamist militants in an attack on an oil facility in the south-eastern region of the North African country. The terror attack, which targeted a BP gas plant in the town of In Amenas (near the Libyan border), also claimed […]