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Moody’s confirms improvement of Morocco’s financial outlook to stable
Credit rating agency Moody’s affirmed Morocco’s outlook to stable from negative while it maintained its long-term issuer at BA1. Moody’s noted the recovery of Morocco’s real GDP to levels backed by solid crisis management capacities by the government during the pandemic, the agency said in a statement. “The improved governance track record underpins Moody’s expectation […]
France to review presence in Africa amid growing discontent
France’s minister of Armed forces Sébastien Lecornu revealed Monday in Abidjan, Côte d’Ivoire, that the European country is going to review its presence in Africa, a traditional continent where it is facing a growing rejection. Lecornu met with President Alassane Ouattara Monday upon demand by President Emmanuel Macron who has ordered a “review of France’s […]
Riyadh, Cairo to increase their cooperation and deepen their foothold in the region
Egypt and Saudi Arabia demonstrated Thursday their shared determination to close cooperation in the fight against terrorism and the quest for stability in the Middle East region. Egyptian President Abdel-Fattah al-Sissi received Saudi deputy Crown Prince Mohammad bin Salman who was invited to the military academy graduation in Cairo. Both leaders re-iterated resolve to strengthen […]



