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MENASource

Aug 5, 2014

Lifting the Safety Net in Egypt

With the formulation and adoption of a new budget last month, Egyptian authorities took the bold step to reduce fuel subsidies in an effort to correct an economy in turmoil after three years of civil unrest.

North Africa

MENASource

Aug 5, 2014

EconSource: Egypt to Build New Suez Canal

By EconSource

Follow the latest in economic news and developments about the Arab transition countries. 

MENASource

Aug 4, 2014

The Week in Egypt [August 4, 2014]

By Elissa Miller

Catch up on the latest out of Egypt every week, with analysis, news updates, photos, videos, and more.

North Africa

MENASource

Aug 4, 2014

Top News: ISIS Seizes More Towns in Northern Iraq

By MENASource

The Islamic State in Iraq and al-Sham (ISIS) seized control of three towns in northern Iraq on Sunday after violent clashes with Kurdish security forces. The fighting sent thousands of people fleeing to the nearby mountains and allowed ISIS to get closer to controlling Iraq’s largest dam.

MENASource

Aug 4, 2014

Top News: Egypt Strongly Criticizes US Remarks Over Aid

By EgyptSource

An Egyptian foreign ministry spokesperson has described his US counterpart as “ignorant” of Egyptian affairs, while the foreign ministry has ordered its embassy in Washington to file a complaint to the US State Department regarding recent remarks by its deputy spokeswoman.

MENASource

Aug 4, 2014

EconSource: Egypt Finance Ministry– Government Prepares New Economic Stimulus Package

By EconSource

Follow the latest in economic news and developments about the Arab transition countries. 

MENASource

Aug 4, 2014

Finally Some Action on Subsidies in Egypt

By Mohsin Khan and Svetlana Milbert

As part of the budget for the current fiscal year 2014/2015, the Egyptian government took a bold step to reduce fuel subsidies on July 4. Gasoline prices were increased by an average of 42 percent, with the lowest octane gasoline price rising by 78 percent, diesel by 64 percent, and compressed natural gas by 175 […]

North Africa

MENASource

Aug 1, 2014

Not Too Late To Save Libya

By Richard Northern and Jason Pack

Libyans, who experienced such high hopes after their country’s liberation in 2011, now face escalating violence and a growing humanitarian crisis in Benghazi and Tripoli. Many are fleeing. The implications may be as serious as the conflict in Gaza. Yet there is no concerted effort to mediate a ceasefire.

Libya

MENASource

Aug 1, 2014

Top News: July Marks One Of The Deadliest Months In Iraq

By MENASource

The UN Assistance Mission to Iraq (UNAMI) said in its monthly statement that at least 1,737 people were killed in July, down from 2,400 deaths in June. In the statement, the UN mission again called on the country’s feuding politicians to set aside their differences and form an inclusive government.

MENASource

Aug 1, 2014

Top News: Attempting to Flee Libya, 17 Egyptians Killed While Waiting at Tunisian Border

By EgyptSource

Armed assailants killed 15 Egyptians in Libya on Thursday as they waited to cross through the Ras Jadeer border crossing into Tunisia, reported the privately owned newspaper Al-Masry Al-Youm.