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Morgan Stanley downgrades Egypt’s sovereign credit rating to “dislike stance”
New York-based investment banking company Morgan Stanley has moved Egypt’s sovereign credit to a “dislike stance” from a “neutral” rating and noted that the cash-strapped country will face what it termed “mounting risks” in the coming months, Bloomberg reports. The bank argued that the upcoming December elections exacerbate the situation. The planned polls in which […]
UK Mining Firm CMR Gets Four New Exploration Permits in Morocco
UK Critical Mineral Resources plc is expanding its operations in Morocco with the acquisition of four new exploration permits in the Rabat and Beni-Mellal regions, covering an area of approximately 80 km2. Three new permits comprise the Meseta Project, primarily prospective for copper. In a press release issued Wednesday, the Company said the Meseta project […]
Syria: A Cocktail War which Could Trigger a World War
The fight against the Islamic State in Syria is slowly paving way to a fight for or against the stay of President Assad in power as regional and global powers continue to have opposing views over his role in the country. Saudi Arabia is adamant that Assad must leave and Foreign Minister Adel al-Jubeir claimed […]



