Moody’s Investors Service cuts Egypt’s sovereign rating by one notch to B3 from B2, saying that it does not expect the country’s liquidity and external positions to rebound quickly. The change comes as the Arab country has continued to face a foreign currency shortage despite allowing the Egyptian pound to depreciate sharply in recent months. […]
Moroccan sound designer Sara Kaddouri Saturday received the Cairo Film Society Award for her contribution to “Poisonous Roses” movie, a distinction adding on to many she already collected. The Saturday recognition shed a spotlight on the 28-year old woman’s role in Fawzi Saleh’s movie. “I am grateful to all people who believed in me,” Sara […]
The UN Secretary-General Antonio Guterres is deeply shocked by the discovery of multiple mass graves in recent days in Libya, the majority of them in Tarhouna. Tarhouna, located at 65 kilometers southeast of Libya’s capital, Tripoli, was until recently a stronghold of renegade General Khalifa Haftar that his militias used as the operation and supply […]
