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Egypt’s Tourism Ministry on “aggressive” promotion

Egypt’s Tourism Minister, Hisham Zaazou, has decided not to be pulled back by the sporadic violence and bombings to promote and develop what was once a renowned industry and an important sector of the economy; Tourism. He is targeting tourists from around the globe to revive the vibrancy of the sector. Almost 2,5million Russians visited […]

Fitch Ratings downgrades Tunisia to ‘CCC’

Fitch Ratings has downgraded Tunisia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘, reported Tunisian News Agency TAP. The agency said that the downgrade to ‘CCC’ reflects heightened fiscal and external liquidity risks in the context of further delays in agreeing on a new program with the IMF after the political changes of […]

Niger/ECOWAS: Washington’s tough words for Algerian regime

The U.S. administration has underscored its strong support for the principled stand taken by ECOWAS in defense of democracy and constitutional order in Niger. Washington voiced its firm stand in a telephone conversation U.S. Assistant Secretary for African Affairs Molly Phee had Thursday with Algerian Foreign Minister Attaf as the ruling junta started maneuvering against […]