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MENASource

Oct 21, 2015

Top News: Egypt Appoints New Central Bank Governor

By EgyptSource

Egyptian President Abdel Fattah al-Sisi has appointed Tarek Amer as the new governor of Egypt’s Central Bank following the resignation of Hisham Ramez. Amer, who previously served as First Deputy Governor of the Bank, will take charge of the Central Bank after the end of Ramez’s term ends on November 26, the presidency said.

MENASource

Oct 21, 2015

Top News: US General Wins Assurance Iraq Will Not Seek Russia Air Strikes

By MENASource

The United States won assurances from Iraq on Tuesday that it would not seek Russian air strikes against ISIS, said US Marine General Joseph Dunford. Iraqi Prime Minister Haider al-Abadi, under pressure to show progress in his war against the extremist group, said on October 1 that he would welcome Russian air strikes in his […]

MENASource

Oct 21, 2015

EconSource: IMF says Low Oil Prices, Regional Turmoil Will Keep Mideast Growth Subdued

By EconSource

The International Monetary Fund (IMF) says a fall in oil prices and deepening turmoil in parts of the Middle East will keep real gross domestic product (GDP) growth subdued this year at 2.5 percent.

MENASource

Oct 21, 2015

Everything You Need to Know About the First Phase of Elections: Day Two

By Elissa Miller

Egypt’s parliamentary elections continued on Monday. Turnout remained low, the vote again dominated by women and elderly voters. Reports of electoral violations, in particular vote buying, were widespread.

Elections North Africa

MENASource

Oct 21, 2015

Everything You Need to Know About the First Phase of Elections: Day One

By Elissa Miller

On the eve of Egypt’s first parliamentary elections in three years, President Abdel Fattah al-Sisi called on Egyptians to vote. “Line up in front of polling stations and plant with your votes the hope for a bright tomorrow for our new Egypt,” Sisi said.

Elections North Africa

MENASource

Oct 20, 2015

Russia’s Attacks in Syria May Only Create More Jihadists

By Mona Alami

Russian President Vladimir Putin has labeled his entry into the Syrian conflict, following a rapid military buildup in the Latakia region, as a war on terror. Yet Russia’s very first airstrikes in Syria targeted areas where the Islamic State (ISIS or ISIL) had no known presence—regions occupied by the mainstream opposition, which the United States […]

Russia Syria

MENASource

Oct 20, 2015

Egypt Elections: On Voter Turnout and Boycotting

By Maged Atef

Just outside of Cairo, in the governorate of Giza, Saber Mamdouh, a calligrapher, sits in his workshop, worrying. Saber, who turned sixty a few days ago, says that election season was once a frantic time. He was in his workshop around the clock, working to supply candidates with signs and plaques for campaign rallies. “I […]

Elections North Africa

MENASource

Oct 20, 2015

Top News: United States Approves $11.25 Billion Warship Sale to Saudi Arabia

By MENASource

The US government has approved a $11.25 billion sale of four Lockheed Martin multi-mission warships and associated equipment to Saudi Arabia. The Pentagon’s Defense Security Cooperation Agency, which oversees foreign military sales, notified US lawmakers late Monday about the possible sale.

MENASource

Oct 20, 2015

Top News: Preliminary Results Show Fi Hob Misr Electoral List Sweeping Elections

By EgyptSource

Election results in the first phase of parliamentary elections will be announced within two days, Spokesman of the High Elections Committee (HEC) Omar Marwan said Monday night. He added that there have been no orders to extend voting for a third day.

MENASource

Oct 20, 2015

EconSource: Moody’s Says Lower Oil Income to Drive Fiscal Reforms in GCC

By EconSource

Moody’s Investor service said Tuesday that a projected long-term drop in oil prices will drive fiscal reforms in energy dependent Gulf states and spur public borrowing.