Libya to pay Kharafi $930 million in damages
The M.A Kharafi and Sons group, owned by one of Gulf state’s biggest merchant families, will be receiving $930 million in damages after the cancellation […]
Articles by Steven Addamah
Algeria fights informal trade
Algeria’s Interior Minister and Trade Minister, have a made a joint announcement of plans to integrate more youth active in the black market into the […]
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 […]
Tunisia’s “Corruption ban” to be uplifted for economic revival
Tunisia’s president has called for the imposed travel ban on citizens suspected of corruption, which is estimated to be affecting 0,4% of businessmen to be […]
Egypt: Islamists keep tourism orthodox
Tourism minister, Hisham Zaazou, said the government still has “optimistic goals” for tourism and welcomes visitors who can drink alcohol and wear bikinis during their […]
UNSC Renews MINURSO Mandate, Recognizes Western Sahara Issue Impact on Sahel Stability
The Security Council unanimously adopted on Thursday a resolution renewing the mandate of the UN Mission for the Referendum in Western Sahara (MINURSO) for twelve […]
The sinking of Egypt’s currency
The Egyptian pound is still going through its worst period after reaching a new all-time low against the United States dollar at an average of […]
Libya has too much oil for OPEC
The Libyan Oil Minister has announced they will be pushing for an increase of the quota allocated to the country at the Oil and Gas […]
Libya: Growth pegged at 3% after production rise
The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]
Tunisia on the road to sign a deal with IMF
Tunisia has finally reached an agreement with the International Monetary Fund for the $1,78 billion precautionary loan. Negotiations between the two parties have been tedious […]