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MENASource

Jul 14, 2014

EconSource: New Development Program by EU to Support Egypt’s Economy

By EconSource

Follow the latest in economic news and developments about the Arab transitions. 

MENASource

Jul 11, 2014

The Politics of Subsidy Reform in Egypt

By EgyptSource

The dust has yet to settle since Egyptian President Abdel Fattah al-Sisi announced that the government is lifting energy subsidies, leading to a price increase of up to 78 percent on gasoline and 175 percent on natural gas. As the country continues to witness a public backlash and price hikes, the International Monetary Fund (IMF) issued […]

North Africa

MENASource

Jul 11, 2014

Top News: Kurdish Forces Take Over Two Oilfields in North Iraq

By MENASource

Kurdish Peshmerga forces took control of production facilities at two northern Iraqi oilfields on Friday, replacing Arab workers with Kurdish personnel. The national oil ministry in Baghdad condemned the takeover at the Kirkuk and Bai Hassan fields and called on the Kurds to withdraw immediately to avoid dire consequences.

MENASource

Jul 11, 2014

Top News: Leading Brotherhood Figures Referred on Charges of Financing ‘Terrorist’ Organization

By EgyptSource

A governmental committee tasked with appraising the monetary assets of the Muslim Brotherhood filed a legal suit to the general prosecutor on Thursday against 737 members of the Brotherhood on charges of financing a terrorist organization.

MENASource

Jul 11, 2014

The Politics Versus Economics of Subsidy Reform in MENA

By Svetlana Milbert

Subsidies, particularly on energy, are still widely used around the Middle East and North Africa (MENA) countries, but there is growing consensus that urgent reforms are needed to address costly and distortive economic effects of energy subsidies.

Economy & Business Middle East

MENASource

Jul 11, 2014

And They Call Themselves Liberals

By Amr Hamzawy

Have you ever heard of ‘liberal’ parties and political movements which at times keep silent about human rights violations and freedoms and at other times justify, defend, and even revel in such violations, as long as they are committed against those whose views differ from their own? 

North Africa

MENASource

Jul 10, 2014

EconSource: Yemen Government Curbs Travel, Recruitment in Austerity Drive

By EconSource

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

MENASource

Jul 10, 2014

Top News: UN Withdraws Staff From Libya Over Security Concerns

By MENASource

The UN Special Mission in Libya (UNSMIL) is in the process of withdrawing several staff members from their posts due to security concerns. According to a spokesman, adequate numbers of personnel would remain in place to run UNSMIL’s operations, which had already been reduced to the capital Tripoli over security issues.

MENASource

Jul 10, 2014

Top News: UN Chief Discusses Gaza Crisis with Sisi; Egypt Opens Rafah Border Crossing

By EgyptSource

President Abdel-Fattah al-Sisi discussed the situation in Gaza with UN Secretary General Ban Ki-moon Wednesday. Sisi and Ban Ki-moon agreed to work to prevent the situation from escalating and causing more loss of life, a statement from the Egyptian presidency said. On Thursday, Egyptian authorities announced they would open the crossing to allow Egyptian hospitals to treat casualties […]

MENASource

Jul 10, 2014

Egypt Government Unprepared for Repercussions of Subsidy Reform

By EgyptSource

Egypt-based development economist & nonresident fellow Mohamed El Dahshan offers his views of the impact of energy subsidy reform in Egypt. In a brief video interview, Dahshan highlights the repercussions of the removal of subsidies. According to the nonresident fellow, the Egyptian government is unprepared for inflation of prices, already witnessed in the transportation sector. […]

North Africa