Moody’s reduces outlook on Tunisia’s debt, keeps rating stable

Moody’s Investors Service maintained its B2 issuer rating on Tunisia, citing the strength of Tunisia’s foreign exchange buffers, but changed its outlook to negative. The rating agency cited the economic, financial, social and political challenges faced by Tunisia’s new technocratic government in implementing its reform agenda as the reason for its more cautious assessment. The country’s sovereign debt rating has been under review since April. The confirmation of its B2 rating reflects the “resilience of the foreign exchange reserve buffer observed since the opening of the review, as a backstop…

CIFF Reveals 10 Most Anticipated Award-Winning Films of 42nd edition

Cairo International Film Festival (CIFF) revealed the first batch of Films of its 42nd Edition, which will be held December 2nd to December 10th. The list includes 10 of the most important titles of 2020, including “Nomadland” which took the Golden Lion at Venice Film Festival, and the People’s Choice Award at Toronto International Film Festival. “Undine”, winner of two awards at the Berlin Film Festival, in addition to the Palestinian Film “ Gaza Mon Amour”, winner of the NETPAC award (Best Asian Film) at the Toronto Film Festival.Cairo, October…