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Egypt: 3 army officers sentenced to death in secret trail over plot against al-Sissi
Three Egyptian army officers have been sentenced to death over plotting assassination of President al-Sissi, reports reveal. According to The New Arab quoting Egyptian judicial sources, the three army officers whose names have not been revealed were tried in complete secrecy two weeks ago and were charged for attempting a coup and plotting the assassination […]
Fitch downgrades four Egyptian banks’ Issuer Default Ratings to “B”
Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]
German president’s apology for colonial-era killings in Tanzania, a welcome first step
During a visit to Tanzania, German President Frank Walter Steinmeier has asked the country and its people to forgive Germany’s colonial abuses under its colonial rule. Steinmeier’s move to ask for forgiveness from the descendants of hundreds of thousands of victims of violence committed by German colonial rulers more than a century ago has been […]



