Edouard philipe

Fitch downgrades four Egyptian banks’ Issuer Default Ratings to “B”

Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]

Georgia announces release of two seamen captured in Gabon’s seas

Two Georgian sailors captured early this month by pirates in Gabon’s territorial waters have been released from captivity, authorities of the European country announced Wednesday. “Two Georgian sailors abducted in Gabon were freed on May 21 thanks to the efforts of Georgia’s foreign ministry, the Georgian embassy in South Africa, and Georgia’s maritime transport agency,” […]

Reform is a risky business, but not reforming is even riskier

EXLUSIVE INTERVIEW for North Africa Post with Andreas List, Head of the EU Office in Myanmar Q: Mr. List, you have been dealing with the agenda of Burma/Myanmar for many years, as Desk Officer at the European External Action Service (EEAS) and now as the Head of the EU Office in Myanmar. Looking at the […]