Egypt: Stock market and foreign reserves in limbo
The ongoing political unrest between pro-Morsi and anti-Morsi demonstrators, alongside the intervention of the military has taken a serious bite on Egypt’s stock market, as […]
Gulf
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 […]
Morocco: attracting investors from the gulf
Positive developments are coming from the king’s visit to the Gulf countries halfway through his tour. King Mohammed has already visited Saudi Arabia and Jordan […]
Palestine: economic agreement review
The soaring of prices and street protests have forced the aid dependant Palestinian Authority in urging Israel to review the economic agreement that has determined […]
Tunisia’s tourism interest Gulf investors
The Tunisian government has received and is currently going through bids from investors whom are mostly from the gulf countries for its proposed tourism project. […]
Egypt Navy to Receive U.S. Harpoon Missiles
Egyptian navy braces to receive 90 Harpoon Block II missiles, one of the most advanced anti-ship cruise missiles in the world. These missiles worth over […]