The IMF brings a new deal to Tunisia
The Executive Board of the IMF has finally approved a 2 year Stand-By Arrangement, for an amount equivalent to Special Drawing Rights (SDR) $1.74 billion […]
Business
Libya: Telecom Ministry announces 4 principal plans
The Assistant Deputy Minister of Telecommunications, Atef Al Bahri, was speaking at the third day of MEED’s “Libya Projects 2013” conference. It will be focusing […]
Marzouki fundraising in Japan
Japan will be financially supporting Tunisian projects up to $730 million in a bid to ease the North African country’s hardship during its transitional period. […]
Egypt and KSA finalize energy deal
Egypt has signed an agreement with Saudi Arabia to link their electricity grids. The agreement is worth an estimated value of $1,6billion and it is […]
EU committee rejects Mauritania agreement on fisheries
The Fisheries Committee of the European Parliament wants the fisheries agreement negotiated by the European Union and Mauritania to be rejected, believing that the conditions […]
Algeria : Eni shortens gas contracts
Eni, an Italian oil and gas group, has sealed an agreement with Algeria to buy less gas. The move is part of the Italian company’s […]
Egypt: Inflation to go above 10%, IMF
The International Monetary Fund has voiced out its observations about Egypt, citing that inflation will rise to 10,9% this year; thereby surpassing the previous estimation […]
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 […]
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 […]
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 […]