A helicopter belonging to the Tunisian army crashed Tuesday during a night drill, causing the death of three soldiers on board, the ministry of Defense has said. Mohamed Zekri, spokesman for the ministry told state-run TAP news agency, the crash occurred in El Hamma, governorate of Gabès. Zekri also indicated that a military technical team […]
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. […]
The competition council called for putting an end to monopolies that created an oligopolistic situation in Morocco, citing the sectors of fuel distribution, banks, insurance companies and cement producers. In its annual report for 2019, the first since the council’s reactivation the same year, the council recommended for the new development model to break up […]
