Bouteflika

Morocco: Pensions Fund RCAR acquires 16 million equities of Maroc Telecom

The Moroccan retirement pensions fund, Régime Collectif d’Allocation de Retraite, (RCAR) has acquired 16,229,447 shares of Maroc Telecom, which has floated 8 per cent of the company’s shares. The operation took place on June 17. RCAR with this acquisition has increased its share in the company to 5.81 per cent, the Moroccan Capital Market Authority […]

Israeli Foreign Minister in Morocco to expand ties

Israeli Foreign Minister Yair Lapid is expected this Wednesday in Morocco for a two-day visit during which he will meet his Moroccan peer and sign cooperation agreement. Lapid will also inaugurate the new Israeli liaison office in Rabat after the two countries agreed to resume their diplomatic ties last December. The visit, the first by […]

Tunisia: Transport Minister orders acceleration of sale of out-of-service aircraft of Tunisair

Tunisian Minister of Transport, Rachid Amri, has issued directives to expedite the formulation of a strategy for managing decommissioned aircraft. He instructed the concerned departments to hire a specialized consultancy firm to establish a reference framework and oversee the sale process, ensuring that it adheres to proper procedures and maximizes financial and operational outcomes. The […]