The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency to downgrade its Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘CCC+’. The downgrade of Tunisia’s IDRs, which is becoming a failed state, comes after failure of Tunisia’s authorities […]
A French criminal court has handed former Liberian rebel commander Kunti Kamara a 30-year prison sentence for violence against civilians and complicity in crimes against humanity between 1993 and 1994 during Liberia’s first civil war. The 49-year-old had been sentenced to life in prison during a first trial in Paris in 2022. In the appeals […]
Subsidiary of French bank Société Générale has officially rebranded to Saham Bank, six months after Saham Group completed the acquisition. Société Général sold its Moroccan bank and its insurance subsidiary to Saham Group in 2024, worth 745 million euros. The transaction, which involved the acquisition of 57.67% of SGMB’s capital and voting rights, was first […]
