Egypt has toppled Russia as a fertilizer exporter to European markets, with exports amounting to 1.5 billion euros during the first ten months of this year, compared to 521 million euros for the same period last year, Asharq Business reports, citing the Egyptian Export Council for Chemical Industries. The council on Wednesday quoted a report […]
Colombia has decided to extend the consular jurisdiction of its embassy in Rabat to the whole Moroccan territory, including the Sahara. The decision, announced in a joint statement issued Thursday at the end of talks in Rabat between the Colombian Vice-President and Minister of Foreign Relations of Colombia, Marta Lucia Ramirez, who is currently on […]
Moody, a Credit-ratings agency has downgraded Egypt’s government bond ratings by one notch from B2 to B3, citing the intensification of civil unrest and sliding foreign exchange reserves. It also added that it is maintaining the rating on review for further possible downgrade. According to the agency, the reason behind the decision “is the country’s […]
