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S&P raises Morocco’s rating to ‘BBB-/A-3’ with stable outlook

The Standard & Poors agency has raised Morocco’s sovereign credit rating from ‘BB+/B’ to ‘BBB-/A-3’ with stable outlook thanks to the resilience shown by the country’s economy in the face of consecutive economic shocks, including the one triggered by the instability in global trade because of U.S. trade tariffs. Economic growth prospects are solid, with […]

Tunisia: 82nd business-friendly country, Forbes Magazine

Forbes Magazine’s 2015 ranking of business-friendly countries revealed Thursday puts Tunisia at the 82th position highlighting a progress in terms of personal freedom to under-take. Ranked 87th last year, Tunisia bounced back with few spots to reach the 82nd position over 144 countries, mainly for the little progress on personal freedom criterion. The Magazine estimates […]

Tunisia’s powerful UGTT union to stage strike tomark 2011 revolution anniversary

Eight years after the popular uprising that ousted President Zine el-Abidine Ben Ali, Tunisian are back to the streets again as the government and its powerful workers’ union have failed to reach a deal to raise the wages for about 670,000 civil servants. Although praised for its relatively peaceful transition to democracy, Tunisia is still […]