KSA: Riyadh angered by S&P credit rating downgrade

Standard and Poor’s (S&P) rating agency decided to downgrade Saudi Arabia’s long term foreign and local currency sovereign credit ratings from AA- to A+ on Friday citing the effects of the low oil prices but authorities in Riyadh are not Read more

Tunisia: Interest rates reduced to boost investment, revive economy

Tunisia’s central bank, for the first time since the end of the Ben Ali regime, has cut interest rate by 0.50% because inflation has dropped. It hopes that the decision will contribute to reviving economy and attracting foreign investment. A Read more

Syria: Be flexible and practice global leadership, Ki-moon

U.N secretary General Ban Ki-moon has urged the participating countries in the Vienna talks on the war on Syria to show “flexibility” in order to make progress since “there is no military solution.” The talks starting this Friday are grouping Read more

King of Morocco Hails India’s “Constructive” Standing on Sahara

King Mohammed VI of Morocco hailed Thursday India’s “constructive position” regarding the Sahara issue and praised its support for the UN process to resolve this artificial conflict. “I should like to express our appreciation for the Republic of India’s constructive Read more

Libya: Senior Tripoli officials killed in helicopter attack

A helicopter carrying senior government and military officials of the Tripoli-based government was shot down on its way back to the Libyan capital with all those on board feared dead. Thirteen bodies have been recovered while six people are reported Read more