Italy at sea

Tunisia : Minister Reveals Tourism Promotion Strategy

The Tourism Ministry is trying very hard to revive tourism by making it a destination “that’s cheap to one and that is ‘fun’” in order to attract budget holiday destination. Minster Amel Karboul has approved several promotion videos to attract new visitors. Desert tourism is also being developed. Minster Karboul is conscious that Tunisia is […]

EU shortlists Morocco among countries whose residents qualify to enter Schengen Area

The European Union has included Morocco as well as Algeria and Tunisia to the list of countries whose residents qualify to enter the Schengen area as the bloc gears up to open its borders to the rest of the world amid the covid-19 pandemic. The bloc is set to open its external borders from July […]

Moody’s downgrades Egypt’s rating to ‘B3’

Moody’s Investors Service cuts Egypt’s sovereign rating by one notch to B3 from B2, saying that it does not expect the country’s liquidity and external positions to rebound quickly. The change comes as the Arab country has continued to face a foreign currency shortage despite allowing the Egyptian pound to depreciate sharply in recent months. […]