New York-based investment banking company Morgan Stanley has moved Egypt’s sovereign credit to a “dislike stance” from a “neutral” rating and noted that the cash-strapped country will face what it termed “mounting risks” in the coming months, Bloomberg reports. The bank argued that the upcoming December elections exacerbate the situation. The planned polls in which […]
Russian President Thursday said air traffic between Egypt and Russia will not resume unless Egyptian authorities agree to enhance security at airports. Russian authorities halted air links between Russian and Egypt in October after Russian Metrojet Flight, taking off from Egypt’s Sharm el-Sheikh airport was downed by IS local franchise in the Sinai. Egyptian authorities […]
A joint security operation conducted by Morocco’s Central Bureau of Judicial Investigations (BCIJ) and Spain’s General Commissariat of Information led to the dismantling of an ISIS-affiliated terrorist cell composed of three individuals that were operating in the two countries. The security interventions conducted by elements of the special forces of the General Directorate of Territorial […]
