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Fitch rates Morocco “BB+” with stable outlook
Fitch Ratings agency has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook due to favorable debt composition, reasonably comfortable external liquidity buffers and a record of macroeconomic stability. In 2021, Morocco’s GDP growth rebounded to 7.4%, after contracting by 6.4% in 2020. “We forecast growth to decelerate to 1.1% […]
Tunisia: Former PM Youssef Chahed suspected for backing sending of Tunisians to Syria
A former Tunisian lawmaker Tuesday finger-pointed prior Prime Minster Youssef Chahed for being involved in the sending of young Tunisians to war-torn Syria to fight in the ranks of radical terror groups, reports say. The accusation was laid by Fatma Mseddi, a former member of a parliamentary commission investigating networks suspected for sending Tunisian youth […]
Egypt-Israel: Tel Aviv re-opens mission in Cairo four years after forced closure
Israel Wednesday officially re-opened its mission in Cairo four years after the building was stormed by protesters in September 2011, forcing the ambassador to operate from an unofficial location. The re-opening ceremony was attended by director-general of the Israeli Foreign Ministry Dore Gold, the Israeli and US ambassadors to Cairo and other diplomats. Gold said […]



