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MENASource

Apr 1, 2015

Top News: US Releases Military Aid to Egypt Suspended Since 2013, Ends Cash Flow Financing

By EgyptSource

US President Barack Obama on Tuesday released military aid to Egypt that was suspended after the ouster of Islamist President Mohamed Morsi in July 2013, in an effort to boost Cairo’s ability to combat the extremist threat in the region. 

MENASource

Apr 1, 2015

Foreign Aid is Good, But Not Enough for Syria

By Raquel Vazquez Llorente

Almost eighty countries and more than forty international organizations gathered in Kuwait to pledge aid money for the crisis in Syria. The United Nations estimates the humanitarian needs in $8.4 billion, raising about half that amount at the conference.

Syria

MENASource

Apr 1, 2015

Egypt Governments Stalls Effort to Dub Hamas “Terrorists”

By Khaled Dawoud

With Egypt spearheading the creation of a unified pan-Arab military force and lending air and naval support to efforts by the Saudi-led coalition in Yemen, it appears that the current government is making strides to restore Egypt’s image as a regional leader. The country’s role in the Middle East Peace Process has, however, been impacted […]

Middle East North Africa

MENASource

Apr 1, 2015

EconSource: OPEC Oil Output Hits Highest Since October on Iraq, Saudi Rebound

By EconSource

The Organization of Petroleum Exporting Countries (OPEC) reported that oil supply last month jumped to its highest since October as Iraq’s exports rebounded and Saudi Arabia pumped at close to record rates. The increase adds to excess supply in the market, despite some signs that the halving of crude prices since June 2014 has encouraged […]

MENASource

Mar 31, 2015

Top News: Egyptian Warships Shell Houthis outside Yemeni City of Aden

By EgyptSource

Egyptian warships shelled a column of Houthi fighters and troops loyal to former president Ali Abdullah Saleh as they tried to advance on the southern port city of Aden on Monday, according to reports.

MENASource

Mar 31, 2015

Top News: Saudi-led Coalition Preventing Aid from Being Delivered to Yemen

By MENASource

Members of the Saudi-led coalition conducting airstrikes in Yemen are preventing a International Committee of the Red Cross (ICRC) plane from delivering medical supplies in Sana’a, a Red Cross spokeswoman said Tuesday.

MENASource

Mar 31, 2015

EconSource: EU, US, and Kuwait Pledge More Than $2 Billion in Humanitarian Aid for Syrians

By EconSource

The European Union, the United States, and Kuwait have pledged more than $2 billion of the $8.4 billion the UN hopes to raise to help tackle the dire humanitarian situation caused by the war in Syria. Their pledges ($1.2 billion, $507 million and $500 million, respectively) were made at the opening of the third international […]

MENASource

Mar 31, 2015

Checks, Balances, and the Draft Agreement on the Political Transition in Libya

By Azza Kamel Maghur

The United Nations Support Mission to Libya (UNSMIL) issued its first draft agreement on the political transition in Libya that was given to the parties to the political dialogue, taking place in different cities inside and outside of Libya since September 2014.

Libya

MENASource

Mar 30, 2015

Top News: Arab Summit Agrees on Unified Military Force for Crises

By EgyptSource

Arab leaders at a summit in Egypt have agreed to the formation of a unified military force to counter growing security threats from Yemen to Libya, Egyptian President Abdel Fattah al-Sisi announced on Sunday.

MENASource

Mar 30, 2015

EconSource: Fitch Ratings Upgrades Tunisia’s Outlook to Stable From Negative

By EconSource

International rating agency Fitch has revised Tunisia’s outlooks from negative to stable. Its long term foreign and local currency Issuer Default Ratings have been affirmed at ‘BB-‘ and ‘BB’ respectively. The rating agency estimates, in the report published on its website, that the country’s budget deficit is on an improving trend, helped by lower international […]