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S&P Lowers Egypt’s Credit Rating Outlook to Negative

World rating agency Standard & Poors has downgraded its long-term foreign- and local-currency sovereign credit ratings of Egypt to ‘B-‘ from ‘B’. It has also switched its outlook is negative, citing recent political developments that weakened Egypt’s institutions and the increasingly polarized political discourse that could undermine the effectiveness of policy-making. According to S&P, a […]

Morocco to launch 5G internet service by 2030- minister

Preparations are underway to launch 5G internet service in Morocco before 2030, when the country will co-host the world cup together with Spain and Portugal, digital transition and administration reform minister delegate Ghita Mezzour said. The official told MPs that the launch of 5G is part of Morocco’s 2030 digital strategy, and that the new […]

Boeing Forecasts Middle East Aviation Services Market at $745 Billion

Boeing projects the Middle East will require $745 billion in aviation services through 2037 to keep pace with growing passenger and freight traffic in the region, the aviation giant said in a press release Tuesday. The projections came in a new report released on the sidelines of the International trade fair for maintenance, repair and […]