A man walks out of the Central Bank in Tunis

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 […]

Sahara: Peru to Open Consulate in Dakhla, Dealing Another Hard Blow to Polisario & its Supporters

Peru is planning to open a consulate in Moroccan Saharan city of Dakhla, joining several African, Arab and Latin American countries that have already established diplomatic missions in Moroccan Sahara. The announcement was made by foreign minister of this South American country Carlos Espá y Garcés Alvear during his meeting held Thursday in New York […]

Morocco: King Mohammed VI Inaugurates University Hospital in Tangier

Morocco’s King inaugurated on Friday in Tangier the Mohammed VI University Hospital Center, a new medical facility offering to the inhabitants of the Northern region comprehensive healthcare services and advanced training to nurses, doctors and phamacists. The new medical complex has a 797-bed capacity. It is built on a 23-hectare site located near the regional […]