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MENASource

Mar 17, 2015

What Was Pledged at Egypt’s Investment Conference?

By EgyptSource

Prior to Egypt’s Economic Development Conference, Investment Minister Ashraf Salman had said Egypt expects to sign agreements worth up to $20 billion at the summit. With the conference coming to a close on Sunday, Salman revealed the final figures coming out of the summit. According to Salman, Egypt signed deals worth a total $38.2 billion, […]

North Africa

MENASource

Mar 16, 2015

Top News: Yemeni Opposition’s United Front Against Houthis

By MENASource

Opponents of Yemen’s Houthi militia announced the formation of a national alliance on Saturday to restore the authority of the state, in a major shakeup of Yemen’s political landscape.

MENASource

Mar 16, 2015

Top News: Over $70 Billion Pledged at Economic Conference Says Prime Minister

By EgyptSource

Contributions worth $72.5 billion were pledged over the course of Egypt’s Economic Development Conference, Prime Minister Ibrahim Mahlab said in his closing speech on Sunday. The contributions were divided between investments, aid, and loans, $33 billion of which had been signed and were ready to be implemented. 

MENASource

Mar 16, 2015

Negotiate With Assad?

By Frederic C. Hof

Over the weekend in Egypt, CBS News asked Secretary of State John Kerry in an interview if he would be willing to negotiate with Syria’s Bashar al-Assad. “Well,” said Kerry, “we have to negotiate in the end. We’ve always been willing to negotiate in the context of the Geneva I process.” In fact, the “Geneva […]

MENASource

Mar 16, 2015

Syria at Four Years

By Frederic C. Hof

In March 2011 Bashar al-Assad elected to respond to peaceful protests against police brutality with lethal violence. Was this a choice he made freely and consciously? Or was he obliged by his security chieftains to beat, shoot, incarcerate, and torture protesters?

Syria

MENASource

Mar 13, 2015

Q&A: Egypt Launches the First Day of its Economic Conference

Egypt launched its three day economic conference in Sharm al-Sheikh on Friday, with thirty heads of state in attendance. In the first day, over $13 billion in aid was pledged to Egypt, the bulk of which has come from the Gulf countries of UAE, Saudi Arabia, and Kuwait. Find out more about the first day […]

North Africa

MENASource

Mar 13, 2015

US Policy in Yemen: Creating Leverage

By Nabeel Khoury

In case there were still any doubts about Iran’s growing influence in Yemen, Tehran put that issue to rest with a hostage rescue operation last week, a pledge to provide the Houthis with a year’s worth of oil and electricity, and newly established daily commercial flights between Tehran and Sana’a.

Yemen

MENASource

Mar 13, 2015

Top News: Iran Promises Houthis Two Years’ Worth of Oil

By MENASource

Iran will provide Yemen with oil and electricity, a Houthi delegation returning from a two-week visit to Tehran announced on Thursday, although it remains unclear if the supply would reach areas outside the control of Houthi militia.

MENASource

Mar 13, 2015

Top News: Egypt Eyes Deals Worth $15-$20 Billion at Investment Summit

By EgyptSource

Egypt expects to sign agreements worth up to $20 billion at a weekend investment summit in the Red Sea resort of Sharm al-Sheikh, its investment minister said on Friday. The ministry of transportation aims to attract investments worth $4 billion through the proposal of nine projects.

MENASource

Mar 13, 2015

EconSource: Egypt’s president passes series of laws on eve of economic conference

By EconSource

Egypt’s president approved a package of amendments to investment laws on Thursday, aimed at enticing foreign investors on the eve of the Economic Development Conference. The amendments package trims corporate taxes to 22.5 percent, from as high as 30 percent previously, and facilitates settling disputes with investors. Sales taxes were dropped to 5 percent from […]