Moody, a Credit-ratings agency has downgraded Egypt’s government bond ratings by one notch from B2 to B3, citing the intensification of civil unrest and sliding foreign exchange reserves. It also added that it is maintaining the rating on review for further possible downgrade. According to the agency, the reason behind the decision “is the country’s […]
As Morocco has recorded a surge in coronavirus cases in several prefectures and provinces, in recent days, it has been decided to ban from Sunday midnight travel to and from eight major cities. These are Tangier, Tetouan, Fez, Meknes, Casablanca, Berrechid, Settat and Marrakech, said Sunday a joint statement by the ministries of the Interior […]
Algerian authorities have busted a cell loyal to the Islamic State, led by former Al Qaeda commander, Mohamed Yacine Aknouche, who was once based in France operating with Algeria’s Islamic Armed Group (GIA) Aknouche, 43, was convicted in France in 2004 for planning an attempted bombing in Strasbourg and was sentenced in absentia to eight […]
