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MENASource

Dec 18, 2015

EconSource: World Bank approves $3 billion loan for Egypt

By EconSource

The World Bank has approved a $3 billion loan for Egypt, which will be disbursed over the next three years, International Cooperation Minister Sahar Nasr said Thursday.

MENASource

Dec 18, 2015

The US-Iraq Disconnect over Fighting ISIS

By Nussaibah Younis

Time and time again, the US administration has said that the Islamic State (ISIS or ISIL) cannot be defeated in Iraq without local Sunnis spearheading the fight.

Iraq

MENASource

Dec 18, 2015

The Saga of the UK’s Muslim Brotherhood Review

By H.A. Hellyer

On December 17, British Prime Minister David Cameron released what he described as the ‘main findings’ of the internal review he commissioned into the Muslim Brotherhood more than a year ago. The release put an end to a long-running epic around the review – but in general, it signified a missed opportunity.

North Africa United Kingdom

MENASource

Dec 17, 2015

Top News: UN to Adopt Resolution to Disrupt ISIS Funds

By MENASource

Finance ministers from the 15 Security Council nations will adopt a plan Thursday aimed at disrupting outside revenue that the Islamic State (ISIS or ISIL) gets from oil and antiquities sales, ransom payments, and other criminal activities.

MENASource

Dec 17, 2015

Top News: UK Will Not Ban Muslim Brotherhood But Finds Link to Extremism

By EgyptSource

 A British governmental review into Egypt’s outlawed Muslim Brotherhood published on Thursday concluded that membership in or links to the political group should be considered a possible indicator of extremism, but that it should not be banned.

MENASource

Dec 17, 2015

EconSource: Gulf States Raise Interest Rate After US Fed Decision

By EconSource

Gulf states raised their interest rates Wednesday after a landmark decision by the US Federal Reserve to hike its rates. Saudi Arabia, Kuwait, Bahrain, and the United Arab Emirates announced hikes of a quarter of a percentage point in key official rates.

MENASource

Dec 16, 2015

Top News: Chiefs of Rival Libya Parliaments Meet for First Time

By MENASource

The heads of Libya’s rival parliaments met on Tuesday for the first time since the latest fighting started more than a year ago, and ahead of the expected signing of a UN plan for a national unity government, Libyan television reported.

MENASource

Dec 16, 2015

Top News: Sisi Discusses Newly Formed Islamic Military Coalition With Saudi Crown Prince

By EgyptSource

Egyptian President Abdel Fattah al-Sisi received Saudi Crown Prince and Defense Minister Mohamed bin Salman in Cairo on Tuesday for the second meeting of the Egyptian-Saudi Coordination Council.

MENASource

Dec 16, 2015

EconSource: Saudi Arabia Announces Oil Assistance, Investments for Egypt

By EconSource

Saudi Arabia’s King Salman on Tuesday pledged a total of $8 billion in investment and aid to Egypt over the next five years. Saudi ships will also “support” traffic in the Suez Canal.

MENASource

Dec 15, 2015

Top News: Yemen Peace Talks Open in Switzerland, as Some Houthis Reportedly Ignore Ceasefire

By MENASource

Peace talks between Yemen’s warring parties began under UN auspices on Tuesday at an undisclosed location in Switzerland, aimed at clinching a permanent ceasefire and a political transition. Representatives of the Yemeni government and Houthi forces arrived in Switzerland with delegations of 18 people each.