El-Kettani-Attijari

Libya Rescues 404 Migrants from Mediterranean Crossing Peril 

Libya’s Red Crescent Society has rescued 404 migrants off the eastern coast near Tobruk after they were found in distress aboard 10 boats in the Mediterranean Sea. The operation, conducted in partnership with the UN refugee Agency, saw emergency teams provide immediate medical and humanitarian support upon disembarkation. The incident underscores a recent surge in […]

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: Economy achieved outstanding performance in 2021, Central Bank says

King Mohammed VI received Saturday at the Royal Palace of Rabat, Abdellatif Jouahri, Governor of Bank Al Maghrib, who presented to the Sovereign the central bank’s annual report on the economic, monetary and financial situation for the year 2021. In an address before the Monarch, Jouahri said that despite a difficult international context, the Moroccan […]