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MENASource

Dec 10, 2015

Top News: ISIS Retakes Key City in Homs Province From Syrian Forces

By MENASource

Syrian activists say the Islamic State (ISIS or ISIL) has retaken a strategically important town in the central province of Homs from government forces.

MENASource

Dec 10, 2015

Top News: Egypt Frees Israeli Held For Spying in Prisoner Swap

By EgyptSource

Egypt has freed an Israeli-Arab held in its jails for 15 years on espionage charges in exchange for the release of two Egyptians held in Israel, Egyptian and Israeli officials said on Thursday.

MENASource

Dec 10, 2015

EconSource: Fitch Issues Negative Outlook for GCC Banks

By EconSource

The prospects of an extended decline in oil prices and higher US interest rates are putting fresh strain on debt markets in the Gulf Cooperation Council (GCC) countries Fitch ratings agency said, issuing negative 2016 outlooks for GCC banks.

MENASource

Dec 9, 2015

Top News: Russia Flies 82 Sorties, Hits 204 Targets in Syria; US Says Only 30 Percent of Russia Air Strikes Target ISIS

By MENASource

According to the Russian defense ministry, Russia’s air force flew eighty-two sorties against 204 targets in Syria in the last 24 hours. The strikes hit targets in Syria’s Aleppo, Idlib, Latakia, Hama and Homs provinces, the ministry said, according to the news agency.

MENASource

Dec 9, 2015

Top News: Egyptian Anti-Corruption Activist Sentenced to Four Years in Bribery Case

By EgyptSource

A Giza misdemeanor court sentenced on Thursday prominent anti-corruption activist and former independent MP Hamdi al-Fakharany to four years in prison and an EGP 100,000 fine on charges of blackmail.

MENASource

Dec 9, 2015

EconSource: Turkey Central Bank Says Inflation Target Should Be Set With Government

By EconSource

Turkey’s inflation target should be set together with the government, Central Bank Governor Erdem Basci said on Wednesday, a marked departure from the norm in the European Union that Ankara aspires to join.

MENASource

Dec 8, 2015

Top News: US Confirms Death of Top ISIS Leader in Libya

By MENASource

The US Defense Department has confirmed the deaths of senior terrorist leaders in Libya and Somalia from recent US air strikes, Pentagon Press Secretary Peter Cook said ina statementon Monday.

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.