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Mozambique: Court sends ex-president’s son, 10 accomplices, to prison for corruption
A court in Mozambique has sentenced the son of a former president, two ex-spy bosses, and eight others to years in prison for their part in a corruption scandal which saw hundreds of millions of dollars in government-backed loans disappear, crashing the southern African nation’s economy. Nineteen people, including state security officials, went on trial […]
Anti-trust: Maroc Telecom Hit with $ 344 Mln Fine
Morocco’s telecom regulator (ANRT) imposed on Monday a $ 344 Million fine on Maroc Telecom, the country’s leading operator, for its anti-competitive practices since 2013. In a press release, the National Telecommunications Regulatory Agency (ANRT) said the Moroccan company has abused its dominant position by blocking its rivals’ access to its landline network and to […]
King Mohammed VI Calls on Arab Financial Institutions to Support Reforms
Morocco’ King Mohammed VI has called on Arab financial institutions to pool efforts in order to support economic and financial reforms engaged in the Arab world, facing major regional and international challenges. In a message addressed to participants in the 2017 Annual Joint Meetings of Arab Financial Institutions, convened Tuesday in Rabat, the Moroccan Sovereign […]



