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MENASource

Dec 8, 2015

Top News: Egypt expects $1.5 billion in aid by year-end, eyeing IMF

By EgyptSource

Egypt expects to receive $1.5 billion for budget support from the World Bank and African Development Bank (AfDB) by the end of the year, according to International Cooperation Minister Sahar Nasr.

MENASource

Dec 8, 2015

EconSource: Central Bank of Tunisia says 2017 Will See Economic Revival

By EconSource

The Governor of the Central Bank of Tunisia Chedly Ayari said he expects Tunisia to witness an “economic revival” beginning in 2017.

MENASource

Dec 7, 2015

Top News: Obama Tells the Nation Terrorist Threat to US is ‘evolving’ but Beatable

By MENASource

President Barack Obama’s speech to reassure the nation on Sunday night included no new strategy to contain or defeat the Islamic State (ISIS or ISIL). He reassured Americans that the United States is equipped to meet the dangerous and “evolving” threat of terrorism.

MENASource

Dec 7, 2015

Top News: Sudan Files UNSC Complaint Against Egypt Over Disputed Territories

By EgyptSource

Sudan officially filed a complaint against Egypt at the UN Security Council over the disputed territories of Halayib and Shalateen, Sudan’s President Omar al-Bashir said in press statements on Sunday.

MENASource

Dec 7, 2015

EconSource: Gulf States Agree on Key Issues for Implementing VAT

By EconSource

Gulf states have agreed on key issues for implementing value-added tax (VAT) in the region. The agreement was reached at a meeting of representatives from Gulf ministries a few days ago, Undersecretary at the United Arab Emirates’ (UAE) Finance Ministry Younis Haji al-Khouri said.

MENASource

Dec 4, 2015

The Costs of Turkey’s Foreign Policy in Syria

By M. Hande Akmehmet

Turkey hosted the G20 Summit in Antalya in mid-November against the backdrop of a sliding currency against the dollar and increasing unemployment. As world leaders struggle with the fallout of Syria’s civil war on the political and security fronts, Turkey’s proximity to the conflict and foreign policy have resulted in a direct and indirect economic […]

Russia Syria

MENASource

Dec 4, 2015

Top News: France Flies Surveillance Missions over ISIS-held Areas of Libya

By MENASource

French military aircraft recently flew reconnaissance and intelligence missions over Libya, including over areas controlled by Islamic State (ISIS or ISIL), and more are planned, a presidential document shows.

MENASource

Dec 4, 2015

Top News: Molotov Cocktail Attack Kills 16 at Cairo Nightclub

By EgyptSource

A firebomb attack on a small nightclub in Cairo early Friday killed 16 people and wounded three others, authorities said.

MENASource

Dec 4, 2015

EconSource: Saudi Naimi says Global Oil Demand Can Absorb Iran Output Jump

By EconSource

Saudi Arabian Oil Minister Ali al-Naimi said that growing global demand will be able to absorb an anticipated jump in Iranian production next year, as Iranian Oil Minister Bijan Zangeneh said he expects the Organization of the Petroleum Exporting Countries (OPEC) to roll over production policies following a meeting today.

MENASource

Dec 3, 2015

Top News: UK Begins Syria Air Strikes After Parliament Vote

By MENASource

Britain joined the US-led bombing campaign over Syria on Thursday, hitting an oil field held by the Islamic State (ISIS or ISIL) just hours after a decisive parliamentary vote authorized air strikes.