arab-summit

Tunisia’s constitutional crisis escalates political event risk, dims economic reform prospects – Moody’s

“The absence of a constitutional court in Tunisia increases the risk of a prolonged political crisis, Moody’s Investors Service deemed in an issuer comment at the end of July, reports TAP news agency. This will further slow reform implementation upon which hinge disbursements under the umbrella of an envisioned new IMF loan agreement, according to […]

Morocco Commits to Assist Qatar to Ensure Success of 2022 World Cup

Morocco has expressed readiness to provide Qatar with all human and logistical resources to help the Gulf country organize the 2022 World Cup tournament successfully.   This was voiced at a series of working sessions that a visiting high-level Qatari delegation held this week in Rabat with the minister of the Interior, the Commander of […]

Egypt: Multiplied Travel Warnings Deal Hard Blow to Tourism

While the tourism sector in Egypt was hardly showing signs of recovery, terrorism once again touched this core of the Egyptian economy, with consequences likely to be catastrophic. Following the knife attack targeting tourists at the resort of Hurghada on the Red Sea, on July 14, the Egyptian government has strengthened security measures around major […]