IPU

Egypt: reforming the financial sector before 2014

Chairman Sherif Samy of the Egyptian Financial Supervisory Authority (EFSA) has stated that the financial sector will be revised before the end of the year in order to ease and fasten the transactions. Capital markets in Egypt suffered deeply from the revolution which began in 2011 forcing several foreign portfolio managers to withdraw their money […]

US urges Algeria to halt using terrorism charges to quell peaceful dissent

The US delegation to the UN Human Rights Council called on Algeria to abrogate the amendments it brought to its penal code in 2021 and under which many peaceful dissidents are in jail on bogus terrorism charges. In the wake of the mass pro-democracy protests in 2019, the newly recycled military leadership in Algeria has […]

Tough times ahead for Maroc Telecom after losing case to Inwi

Morocco’s largest telecom operator, Maroc Telecom, is expected to take a blow in terms of its profitability at the Casablanca stock exchange after losing a case brought by its competitor Wana Corporate. Maroc Telecom said it will appeal the decision by a commercial court in Casablanca ordering the operator to pay Wana corporate, known by […]