SHARE
Fayoum’s Tourism Authority announced that one of the province’s most beloved residents, Swiss artist Evelyne Porret, passed away aged 81.
Porret was a longtime resident of Fayoum’s Tunis Village, one of the province’s most popular tourist destinations. She first visited the village in the early 1960s when she was in Egypt to see her father, a Christian missionary stationed in Cairo at the time.
On her first visit to Fayoum, she was accompanied by the renowned Egyptian lyricist Sayed Hegab, who she would later end up marrying.
Having dabbled in pottery back home, she made regular visits to ceramics workshops all over Egypt during the 1960s and 1970s, before permanently moving to Egypt in the 1980s to launch the Ptah Association for Training Urban and Rural Children in Ceramic Works, which remains the largest pottery school in Fayoum.
SHARE
S&P Global Ratings affirmed the investment grade rating of Abu Dhabi, citing the strength and resilience of its economic fundamentals and the emirate’s large fiscal buffers that are supported by revenue from the hydrocarbon sector.
The AA/Stable/A-1+ rating and stable outlook of the emirate reflects the rating agency’s expectation that despite oil price fluctuations, Abu Dhabi s fiscal position will remain robust over the next two years and the emirate has a very strong capacity to meet financial commitments, S&P said in a statement on Tuesday.
“The exceptional strength of the government s balance sheet provides a buffer to counteract the effect of oil price swings and the effect of Covid-19 on economic growth, government revenue, and the external accounts, as well as the effect of high geopolitical uncertainty in the Gulf region,” the ratings agency said.