illegal migration

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. […]

Morocco’s King Announces Setting up of ad-hoc Committee to Improve Development Model

King Mohammed VI announced Monday the setting up by next fall of an ad-hoc committee for the development model that will make proposals and suggestions on how to improve the development reforms and increase their effectiveness. In a speech he delivered Monday evening on Throne Day, marking this year the 20th anniversary of his enthronement, […]

Libya: militia kidnaps Tripoli cabinet minister, inter-militia rift widens

Armed men belonging to Revolutionaries of Tripoli, a militia group reportedly linked to the Interior Ministry of the Tripoli government, has kidnapped a member of this government, namely Mohamad al-Gaddar in charge of Planning. The security and defence commission of the General National Congress (GNC) strongly condemned the kidnapping on Tuesday and asked for the […]