Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]
Thanks to its achievements in global competition, its infrastructure and training programs, Morocco has become a “football heavyweight”, Le Point wrote. In a detailed article, the famous French publication, cites the most recent achievements of Morocco’s football squads, notably the World Cup semifinal in Qatar and the bronze medal in the Paris Olympics. This breakthrough […]
The meetings of the technical and steering Committees of the African Atlantic Gas Pipeline, held in Rabat July 10-11, highlighted by the signing of a Memorandum of Understanding between Togolese Gaz Company (SOTOGAZ-Togo), Nigerian National Petroleum Company Limited (NNPC-Nigeria), and Morocco’s Office of Hydrocarbons and Mines (ONHYM). This memorandum, the latest to be inked after […]
