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Relevance of Skhirat, Bouznika processes to resolve Libyan crisis reasserted by AU-PSC
The African Union’s Peace and Security Council (PSC) has reasserted the relevance of the Skhirat and Bouznika processes to resolve the Libyan crisis. In a communiqué issued at the end of its 1244th meeting, held on November 12, the AU PSC reiterated that “the Skhirat Agreement, signed on December 17, 2015, resulting from the reconciliation […]
Morocco sets up foundation to oversee World Cup preparations
Morocco has formally established Fondation 2030, a national body responsible for coordinating the country’s preparations for the FIFA World Cup 2030, which it will co-host with Spain and Portugal. The foundation was created by a Decree, published in the Official Gazette on July 8, 2025. It is recognized as a public utility foundation and will […]
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. […]



