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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.

MENASource

Dec 3, 2015

Top News: Egypt Court Withdraws Raba’a Operations Room Sentences, Orders Retrial

By EgyptSource

Egypt’s Court of Cassation revoked on Thursday death sentences issued to Muslim Brotherhood Supreme Guide Mohamed Badie and 11 other leading members of the group, in the case known publicly as the Raba’a Control Room Trial.

MENASource

Dec 3, 2015

EconSource: Saudi Floats Idea to Lift Oil Prices but Iran, Russia Reject Cuts

By EconSource

Saudi Arabia reportedly floated the idea of a global deal to balance oil markets and lift prices, although fellow producers Iran and Russia on Thursday rejected the prospect of cutting output.

MENASource

Dec 2, 2015

Top News: United Nations Experts Say ISIS Struggling to Expand in Libya

By MENASource

A bid by the Islamic State (ISIS or ISIL) to expand its territory in Libya has been hampered by a lack of fighters and the militant group struggles to win local support because it is viewed as an “outsider,” according to a report by United Nations experts.

MENASource

Dec 2, 2015

The Economic Fallout of the Metrojet Crash

By Brendan Meighan

Egypt’s tourism industry has been shaken to its core by the downing of a Russian airliner over Sinai in October, killing all 224 passengers and crew members onboard.  While tragic in its own right, the economic implications for the tourism sector, and indirectly the broader Egyptian economy, are massive and have the potential to reverse […]

North Africa

MENASource

Dec 2, 2015

Top News: Sinai Expert Detained Fifteen Days for ‘Spreading False News’

By EgyptSource

An Egyptian researcher and freelance journalist detained upon his return to Egypt is being investigated for spreading false news his lawyers said Tuesday.

MENASource

Dec 2, 2015

EconSource: Under New Central Bank Leadership, Egypt Repays Foreign Investors

By EconSource

The Central Bank of Egypt (CBE) changed the way it allocated dollars at a foreign exchange auction on Tuesday and sought to reassure markets by repaying foreign investors a backlog of more than $500 million.