Sonatrach

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]

Woman from Tindouf Camps sentenced in Spain to two years in prison for radicalization, terrorist plots

A woman born in a Tindouf camp in Algeria and residing in Minorca in Spain has been sentenced by a Spanish Court to two years and six months in prison for self-indoctrination in terrorism, reported the Spanish news agency EFE. The ruling, delivered on December 23, specifies that the defendant had versed in radicalization and […]

Germany Extradites to Morocco Convict in Sept 11 Attacks

Germany extradited to Morocco Mounir El Motassadeq who was indicted in 2007 for his involvement in September 11 attacks, international news agencies reported. At the age of 44, El Motassadeq was given a 15-year jail sentence for his involvement in the killing of 246 passengers who lost their lives in the September attacks on the […]