Hezbollah, a political party in Lebanon with a military wing, has been declared by the Arab League as a “terrorist group” although two of the organization’s 22members, Lebanon and Iraq, voiced reservations. The resolution was adopted by Arab Foreign Ministers following a similar move by the Gulf Cooperation Council on March 2. Explaining Lebanon’s reservations, […]
The Tunisian national dialogue quartet, a coalition of civil society organizations, has been awarded the 2015 Nobel Peace Prize for its key role in helping the country’s transition to democracy and building a pluralistic society. The quartet is made up of four key organizations in Tunisian civil society: the Tunisian General Labour Union, the Tunisian […]
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. […]
