Headlines Libya

Libya: International Community Reaffirms Support for GNA amid Turbulences

The United States, the European Union, the African Union, the Arab League and several countries Thursday voiced support for Libya’s UN-backed Government of National Accord (GNA) at the time the unity government struggles to float. The countries and international institutions involved in finding solutions to the Libyan crisis stood again by the GNA in a […]

Headlines Tunisia

Tunisia: Water Scarcity Hits Country, People Called to Pray for Rain

The warning launched last month by Watchwater, Tunisia’s citizen water observatory, about a “thirst uprising” is becoming increasingly evident. The observatory had warned that “the failure to find urgent and sound solutions will increase protests across the country.” The authorities are aware of the problem but have no solution at hand. State Secretary for Water […]

Headlines Tunisia

Tunisia: Nidaa Tounes Sliding again into Division amidst Attempts to Oust Hafedh Caid Essebsi

A group of leaders of Tunisian President’s party, Nidaa Tounes, have called for structural reforms in the party, including cancellation of the post of executive director and legal representative held by Hafedh Caid Essebsi; son of president Caid Essebsi. These leaders see in Hafedh Caid Essebsi the cause of the crisis entangling the party. President […]

Algeria Finance Headlines

Algeria Lags Far Behind in ‘Economic Freedom of the World’ Ranking

The 2016 Economic Freedom of the World Report issued by the Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 151st among 159 surveyed countries. The report measures economic freedom including levels of personal choice, ability to enter markets, security of privately owned property and rule of law. It analyses […]

Headlines Tunisia

Tunisia: Private Channel Attassia TV to Air Interview with Moncef Marzouki despite Threats

Local private channel Attassia TV announced Thursday it would go ahead and air an interview with former President Moncef Marzouki despite threats from the offices of the President and the Prime minister, reports say. Censorship of an interview with Marzouki, also leader of Al-Irada party, has been at the center of heated debate in Tunisia’s […]

Finance Headlines Morocco

Morocco: Attijariwafa Bank Eyes Takeover of Barclays’ Egypt Branch

Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]

Headlines Tunisia

Tunisia: Government Pressures Military Court to Dismantle Islamist Party

The Tunisian government has called on the military court to suspend the Islamist Hizb ut-Tahrir party, deemed radical and a threat to security in the North African country, an official told media on Wednesday. President Caid Essebsi last week went public and asked for banning the party after it threatened “to cut heads and hands […]

Headlines Morocco

Morocco Dismantles another Dangerous Terror Cell

Moroccan authorities have announced this Wednesday the arrest of another terrorist cell composed of three members who were planning to carry out attacks in several cities in the North African kingdom. The terrorists were nabbed in the cities of Oujda, Casablanca and Fez by the special units of Morocco’s Bureau of Central Judicial Investigations (equivalent […]

Headlines Morocco

Morocco, World’s Fifth Largest Olive Oil Producer

Morocco, with an annual production of 140,000 tons, ranks fifth in the list of the world’s largest olive oil producers and exporters, several Moroccan media outlets said. Only six years after the launch of the Green Morocco Plan to boost agricultural production, Morocco managed to bolster its olive production by 70% from 783,000 tons in […]

Headlines Tunisia

Tunisia: Tunisair to Shed 1,000 Jobs to Improve Competition

The Tunisian national air carrier Tunisair will proceed to financial and structural adjustment leading to 1,000 job cut in a bid to trim public spending and improve international competition, Transport minister announced on Monday. The announcement came as new Prime Minister Youssef Chahed’s cabinet was sworn in. Chahed in an address to the Tunisian parliament […]