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MENASource

Jul 16, 2015

Recent Congressional Developments on Egypt Aid

By Amy Hawthorne and Elissa Miller

The US Senate and House of Representatives appropriations committees have now each passed their versions of the bills that fund the foreign assistance programs for the new Fiscal Year (FY) 2016 that begins on October 1.

North Africa

MENASource

Jul 16, 2015

Top News: Sinai State Claims Responsibility for Attack on Navy Vessel

By EgyptSource

The Islamic State’s affiliate in Egypt’s Sinai says it has destroyed an Egyptian navy vessel with a rocket off the strategic peninsula’s Mediterranean coast.

MENASource

Jul 16, 2015

Top News: Exiled Yemeni Ministers Return to Aden

By MENASource

Senior members of Yemen’s exiled administration flew into Aden on Thursday to make preparations for the government’s return, an official said, three months after being pushed out by the armed Houthi group. The visit by ministers and intelligence officials follows military setbacks for the Houthis at the hands of Saudi-backed Yemeni fighters, which may mark […]

MENASource

Jul 16, 2015

EconSource: Saudi Bond Issues to Soar as Government Plugs Deficit

By EconSource

Bond issues by Saudi Arabia’s government are expected to be worth tens of billions of dollars by the end of 2015 as the state ramps up debt sales to fill a gap in finances created by low prices for oil exports.

MENASource

Jul 15, 2015

Top News: One Hundred Bodies Wash Up at Libyan Coastal Town

By MENASource

As many as 100 bodies, presumably of sub-Saharan boat migrants, washed up near the Libyan city of Tajoura. The bodies are believed to be victims of a shipwreck off the western coastal town, east of Tripoli. Tajoura is known as a departure spot for Europe-bound boat migrants.

MENASource

Jul 15, 2015

Top News: Sisi Says Al-Azhar Has Failed to Renew Islamic Discourse

By EgyptSource

President Abdel-Fattah al-Sisi has accused Al-Azhar’s Grand Imam Ahmed al-Tayeb and other clerics of failing to develop Egypt’s religious discourse.

MENASource

Jul 15, 2015

EconSource: Tunisia Gets $230 Million World Bank Loan to Link Interior to Cities

By EconSource

Tunisia has obtained a $230 million loan from the World Bank to build and expand 146 kilometers of roadways to the most isolated regions in the country.

MENASource

Jul 14, 2015

Top News: Pro-government Forces Retake Aden Airport in Yemen

By MENASource

Forces loyal to ousted President Abdrabbo Mansour Hadi, known as the Popular Resistance, recaptured the airport in Aden on Tuesday. Aden airport had been in the hands of the rebels since soldiers of the 39th Armored Brigade defected on March 25. The retreat by the Iran-backed Houthi rebels came as the Shia power struck a historic […]

MENASource

Jul 14, 2015

Top News: Egypt Issues New Law Liberalizing Electricity Market

By EgyptSource

A new legislation liberalizing Egypt’s electricity market and encouraging private sector investment in the market was published in the official gazette on Monday.

MENASource

Jul 14, 2015

EconSource: Algeria’s Foreign Reserves Fall by $19 Billion

By EconSource

Algeria’s foreign exchange reserves dropped by $19.02 billion to $159.9 billion in the first quarter of 2015 due to the collapse in global crude oil prices, the country’s central bank said.