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 […]
Year: 2013
Algeria to go nuclear in 2025
Yousef Yousfi, Algeria’s minister of Energy and Mines has told reporters that the government is planning to begin the construction of a nuclear power plant […]
Egyptian pound settles for a another new record
The Egyptian pound has strike a new low against the US dollar, after official exchange rates reached LE7, a rate unseen since 2003, in commercial […]
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 to reopen its embassy in Syria
Tunisia wants to reopen its embassy in Syria which has been closed for more than two years and has sent a request in this vein […]
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 […]
Libya wants credit ratings return
The governor of Libya’s central bank, Saddek Elkaber, has revealed they are engaged in talks to have the country’s credit rating by Standard & Poor’s in […]
Algeria and South Africa to speed up trade and investment
South Africa’s Deputy Minister of the Department of Trade and Industry said that they have agreed with their Algerian partners to put in place a […]
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 […]