Features Headlines Tunisia

Tunisia: Strengthening Commercial Ties with Russia

Tunisia and Russia are fostering their bilateral relationships with the visit of Foreign Minister Sergei Lavrov to the country. Discussions behind closed doors will be dominated by trade and commercial topics after trade between the two countries dropped during last year. Despite the immense attention that the presence of Russian troops in Ukraine has attracted, […]

Features Op Eds Opinions

Revolution Makes States : The Maghreb Inches Forward (Too) Slowly

Over the past weekend, the Ukrainian government was ousted, Ukraine’s parliament reinstated the 2004 constitution and former President Victor Yanukovich is on the run in Russia. One might be forgiven to think of these developments in isolation. But it is in fact a reminder that reactionary regimes rarely deliver the sort of stability they are […]

Features Headlines Libya Tunisia

Libyan Military Plane Crash : 11 People Killed

Eleven people, including doctors and patients, were killed in a Libyan military crash which occurred Friday a field near Grombalia, about 40km south of the Tunisian capital. The crash of Russian-made Antonov aircraft is due apparently to engine failure. The whole plane was completely burnt out, said Tunisian emergency services. According to Libyan media, Sheikh […]

Egypt Features Headlines

Putin Supports al-Sisi’s Candidature for Egypt’s President

Russian President Vladimir Putin said he supported Egypt’s Field Marshall Abdul Fattah al-Sisi in his bid for presidency. Mr Sisi visited Moscow in order to discuss an arms deal while Mr Putin used the occasion to mention that he was “aware” of Sisi’s presidency bid. Cairo has not delivered an official statement on the issue. […]

Egypt Features Headlines

Egypt/Russia: the Russian arms deal

On a two-day visit to Moscow, Egyptian army chief Field Marshal Abdel Fattah al-Sisi was on Wednesday accompanied by Foreign Minister Nabil Fahmy to seal a lucrative arms deal and discuss areas of cooperation “in multiple fields”. The US$2 billion arms deal will mainly be funded by Saudi Arabia and the UAE. The expected Russian […]

Algeria Features Headlines

Algeria: biggest defense spender

According to a report published by the Strategic Defense Intelligence (SDI) market research group, Algeria continues to be leading other countries in the continent’s defense expenditures. Algeria has been known to be a big spender in the defense market and the trend is expected to continue as Terrorism gains attention in the North African region. […]

Egypt Features Headlines

“Disturbed” by US decision, Israel fears looming war

Israel has shown concerns about United States announcement to suspend some of its aid to Egypt unless it is satisfied with its democratic efforts could jeopardize the long standing peace treaty. Israel and Egypt signed a peace treaty in 1979 to end hostilities against each other and the US aid has been fundamental in maintain […]

Asia Headlines International

Emir of Qatar Hands Over Power to Son

The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, has announced this Tuesday he was stepping down and naming his son, Sheikh Tamim bin Hamad al-Thani, 33, as his successor. During the past weeks, there were some swirling rumors circulating in the media and diplomatic spheres that the 61-year-old emir was preparing to step down […]

Business Emerging Markets

Algeria offers Russia open investment opportunities

According to a statement released by the Algerian Ministry of Oil, Algeria is willing to open the door to Russia in an invitation made to Minster Alexander Novak. Algeria wants a stronger cooperation between oil and gas companies from the two countries in order to strengthen their participation at OPEC. The Algerian minister offered investment […]

Features Op Eds Opinions

Rise of the ‘Renmimbi’ to the International Stage: A Win-Win Game for the Emerging Multi-Polar Global Economy

Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]