Tunisia : IMF approval gives hope to Central Bank
A much delayed $506 million loan, part of a two-year $1.76 billion package agreed upon last year, approved by the International Monetary Fund (IMF) was […]
Month: January 2014
Egypt : Political parties divided by SCAF’s decision
The Supreme Council of the Armed Forces (SCAF) giving Field Marshal Abdel-Fattah El-Sisi the go-ahead to run for the presidency in a statement made on […]
Libya : resuming oil exports remain skeptical
Progress is being made with talks concerning the reopening of seized Libyan Oil ports and resuming exports, after a failed attempt last month. The six […]
OPEC shares expectations on MENA countries in 2014
The Organization of Petroleum Exporting Countries (OPEC), which pumps more than a third of the world’s oil, suffered a cutback of oil production over the […]
Egypt:President Mansour shambles election organization
As Egypt’s newly adopted constitution calls for the first election to be held within 90 days of its passage, the election commission is to be […]
Mauritania : Islamic finance to be introduced
In its efforts to modernize the banking system and make long-term loans available to companies, Mauritania’s central bank aims at developing the Islamic finance, Central […]
Algeria : no more oil plant attacks allowed
In a bid to counter growing threats on its borders, Algeria held numerous operations in areas known to be al-Qaeda strongholds after a security alert […]
AIG Expands in Africa through its New Office in Morocco’s Casablanca Finance City
American International Group (AIG), one of the global leaders in the insurance and reinsurance sectors, announced on Tuesday that it will establish a servicing office […]
EU Backs Development, Peace & Stability in Central Africa
European Union (EU) gears up to announce about 3 billion euros grants to countries and organizations in the region of Central Africa for the period […]
Egypt/Greece : promoting mutual investments
Interim President Adly Mansour was on a one day visit to Greece to strengthen bilateral relations and investments between the two countries. It’s his first […]