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Suez Canal investment project launched

Prime Minister Hesham Qandil has pointed out that the government is willing to offer some areas around the Suez Canal for investment projects, but it will be under the terms of usufruct. He made these remarks at the first conference on the Suez Canal Corridor Development Project. A law has been designed to regulate the [...]

Libya: energy and petroleum investment hub

According to a report entitled ‘Mergers and Acquisitions in the Oil and Gas Industry: Current Upstream M&A Issues and Transaction Considerations’ released by Deloitee, Libya will be the centre of attraction for companies willing to invest in North Africa’s energy and petroleum sector. Libya has been boosting its energy efforts and it has surpassed 3 [...]

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Tunisia: An operation base for Mossad mercenaries

Tunisia has become the hub of Israel’s Intelligence, Mossad, as far as the surveillance of Tunisia, Algeria and Libya is concerned according to the head of the Loyalty to the Tunisian Revolution fraction Abdul Rauf al-Ayadi. He said Mossad is operating in a triangular base system established in the country with each center focused on [...]

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Tunisia: Protests against ex-political prisoners’ compensation

“Neither compensation nor hypocrisy, gang of thieves!”, “Poor people are in need of this money!” and “Shame on those who profit from their political battles!” Such were the slogans chanted by hundreds of angry Tunisians who were demonstrating outside of the building where the interim parliament holds its sessions. A bill which proposes the compensation [...]

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Jordan to Receive $2 Bln IMF Funding Boost

The Jordanian government will receive a $ 2 billion financial assistance from the International Monetary Fund (IMF) to enable the Hashemite Kingdom carry out its ambitious political & socioeconomique reform program in a tumultuous middle east. This lifeline loan, which has been approved in principle by the IMF staff, still needs the endorsement of the [...]

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Tunisia: Ben Ali and Co sentenced

Tunisia’s ex-president who was removed from power through a revolution has been sentenced to life in prison by a military court with more than 30 security officials handed different sentences. They are found guilty of playing a role in the killings during the revolution but the families of the victims are not satisfied with the [...]

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Foreign Capital Flowing Back To Egypt

After the inauguration of Mohamed Mursi as the first islamist and the first civilian freely elected president in Egypt, it seems that the foreign capital that fled last year the most populated country in the Arab world amid popular uprising started returning. Financial markets in Egypt and abroad have welcomed Mursi’s victory, which averted the [...]

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