First Independent Mena Newspaper
Investigations have begun against Egypt’s former president, Mohammed Morsi, amidst allegations that he is connected to the leakage of security documents to Al Jazeera, a popular Qatar based satellite news channel. The judicial investigators think that the secretary to Morsi’s daughter facilitated the transfer of the documents to the channel and security officials are claiming […]
Morocco has integrated the Regional Entrepreneurship Acceleration Program (REAP) designed by the Massachusetts Institute of Technology (MIT) as a capstone global initiative meant to help regions accelerate economic growth and job creation through innovation-driven entrepreneurship (IDE). Morocco is thus part of a short list that does not include more than six countries from all over […]
A former Libyan General, during the Gadhafi regime, has accused Qatar of wanting to weaken the state. General Khalifa Haftar’s allegations came at time when he claims to control more than 75% of Benghazi. The General is leading a militia that has vowed to uproot Islamists in the North African country. The government in Tripoli […]
Jordan, a country without oil or experiencing a self-destructive civil war, stands on a precipice. Its current ‘greatest’ challenge, the Syrian conflict, is showing the first signs of resolution and it now has a chance to recover from the almost overwhelming forces of refugee migration. The difficulty of integrating its new refugee population into wider […]
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
Interim Egyptian president Adly Mansour has invited other member countries of the Arab League to implement the Arab counter terrorism treaty. The remarks were not directed at country but are believed to be provoked by Qatar’s decision to support the Muslim Brotherhood. Egypt wants a meeting between justice and interior ministers to take place in […]
Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]
The Central Bank has announced that foreign exchange reserves have reached new levels since the interim government took over in July. This report marks the third consecutive time that the reserves have been depleting. Analysts have claimed that the trend will continue till the end of the year. The country’s reserves dropped from $18,6 billion […]
Political crisis is continuing to do damages to the Tunisian economy and rating agencies have been continuously rating it negatively due to political uncertainty. The country is on the verge on facing the same foreign currency reserves that Egypt is going through before the intervention of Qatar lately, sources revealed. Qatar National Bank is reported […]
The Governor of the Egyptian Central Bank, Hesham Ramez, confirmed that Qatar has agreed on the conversion of its $2 billion that it has deposited in the Central Bank during the era of President Morsi into bonds. The transactions are expected to take less than a week according to media reports. The Qatari government had […]