Terrorism remains key threat in Middle East, North Africa, sub-Saharan Africa
Businesses, especially tourism-related, remain vulnerable to terrorism risk
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iXDev plans to expand in Arab Gulf, North Africa
Company plans to attract investments worth $1m to finance expansions
North Africa dominates best 2017 Arab players
Salah best Arab player of the year, Elneny fourth, according to Forbes
MENA, North Africa may became favoured industrial FDI destinations
Egyptian government may need to engage more with ease of doing business reforms and provide reassurance regarding political risk, says the report
MESC plans to expand in North Africa via Al-Mousa Cables in Egypt
Al-Mousa expects its sales to reach EGP 400m by the end of 2017
ETA pens plan to attract tourists from central Europe, Asia, North Africa
Egypt can attract 700,000-800,000 tourists from these markets if coordination is established
Nissan partners with KidZania to establish first role-play auto-production line attraction in Egypt and North Africa
Nissan Egypt is set to cooperate with KidZania Cairo to establish a role-play attraction modelled after their automotive production line at KidZania Edutainment Park. Through this initiative, Nissan will provide a unique opportunity for younger generations to learn about Nissan products and engage in the excitement that stems from the manufacturing process experience. The managing director …
MENA regional outlook remains stable: Focus Economics
Fastest growth expected for Egypt, Israel with projected GDP expansion of 3.1%, 2.6% respectively
Tourists from North Africa cannot visit Egypt due to visa restrictions: Egyptian Travel Agencies Association chairperson
Egypt’s over-reliance on European tourism still lingers, while Arab tourists would be more profitable amid the current crisis
Egypt’s insurance market prospects are encouraging: Moody’s
Economic hurdles such as poverty and shortage of skilled workers will slow sector’s growth
Foreign minister heads to New York for UN Security Council election
Shoukry is expected to hold bilateral talks with several foreign ministers to promote Egypt’s bid for a Security Council seat during the visit
Torrential rains, prolonged drought – climate change causing more extreme weather
Climate change is also affecting accelerating desertification in North Africa’s Sahel, as rising temperatures allow the desert to desert spread, stripping away people’s livelihood. “In the middle of Sahel, you are a long way from the nearest sea,” meteorologist Roger Brugge said – and that’s why the region sees different weather systems than Europe.
Climate change will cause the next revolutions in North Africa
IMF projects slower growth in emerging markets
Growth in emerging markets and developing countries will reach 4.2% in 2015, down from 4.6% in 2014, expects IMF
Bisco Misr approves optional delisting from EGX
Approval comes after New York stock market-listed firm Kellogg recently acquired 85.93% stakes in Bisco Misr
The Middle East and North Africa: Adapting to a new paradigm
By James M. Dorsey The military strategies of the United States and its regional allies focused on bombing campaigns, support for local militias, and inherently weak military forces to fight potential ground battles, have failed to defeat rebel forces in Syria, Iraq, Yemen, and Libya. Calls for the introduction of ground forces against Islamic State …
Value of Egypt’s exports to Britian at £199m in Q1 2015
Egypt ranks 6th on list of MENA countries exporting to Britain
Who supports terrorist forces in the ongoing wars?
There is a war, or rather wars, taking place in the Middle East between political Islam and ruling regimes, and most observers note that on one side of these wars stands a group of states and governments while the other includes religious, extremist, and militant groups and organisations. The current scene may bring to mind …
WHO demands end to ‘virginity tests’
Recent WHO handbook states “there is no place for virginity testing” and it has “no scientific validity”
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Libya assembly speaker confirms Miitig as premier
AFP – The speaker of Libya’s General National Congress confirmed Ahmed Miitig as the country’s prime minister Monday, after approving his appointment following a chaotic session of the interim parliament. “Ahmed Omar Miitig was appointed head of the transitional government, and asked to form his cabinet and present it to the GNC for a confidence …
Mideast consortium agrees $500m National Petroleum Services buy
Reuters – A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp (APICORP) have agreed on a deal to acquire Dubai-based oilfield services firm National Petroleum Services, Fajr said on Tuesday. The transaction, which is expected to close in the second quarter of 2014, is valued “in excess of $500m”, it said …
Islamists boycott Algeria vote as North African tide turns
AFP – Algeria’s Islamists – once the country’s leading political force – are boycotting this month’s presidential election, chastened by recent poor performances at the polls and setbacks for ideological soulmates across North Africa. The three main moderate Islamist parties have forged an unlikely alliance with the fiercely secularist Rally for Culture and Democracy to …
Islamic banking headway in North African banks still slow: Standard and Poor’s
S&P value total Islamic banking assets in Egypt at around $11.6bn
Egypt’s Episcopal Church calls for an end to violence in the CAR
Bishop Mouneer condemns the massacre of Muslims by Christian forces
Terror attacks spike in Arab Spring countries during 2013
IHS Janes’ Terrorism and Insurgency Centre notes increases in violence across Middle East, Sub-Saharan Africa. IHS Jane’s Terrorism and Insurgency Centre (JTIC) released a report Thursday that cites a spike in violence in Arab Spring countries, especially Tunisia and Egypt. The report also noted a global increase in attacks. The annual report, entitled “2013 …
Islamic banking remains unpopular in Egypt: Gallup poll
Despite the rapid growth of the Islamic finance industry, a Gallup poll reveals that only a fraction of adults use Islamic banking services in Egypt
Arab Spring unrest was ignited by entrepreneurs facing constraints: Economist
Revolutions in Middle East and North Africa are chance to correct restrained markets, says de Soto
Al-Nour Party delegation to visit the United States
Visits to other foreign countries will follow
Reform in Egypt ‘not without difficulties’
The European Commission released a report on Wednesday assessing Egypt’s transition to democracy
First gold for Arab world
Algerian Taoufik Makhloufi came in first place in the men’s 1,500m