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Tuna bond scandal: Mozambique and Swiss UBS bank reach out-of-court settlement
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
King Mohammed VI Praises Economic Resilience of Many Arab Countries
King Mohammed VI hailed the resilience shown by the economies of many Arab countries thanks to the bold structural reforms and economic diversification they embarked on and which enabled them to weather global financial crisis. In a message addressed to the 40th meeting of the council of Arab central bank governors & Arab monetary agencies, […]
Sahara: Morocco’s King sends strong message to enemies of country’s territorial integrity
King Mohammed VI has sent a firm and straightforward message to the delusional and lunatic enemies of Morocco’s full sovereignty over its entire Sahara, telling them wake up to reality and cease pursuing an elusive dream for nearly five decades. The Monarch’s firm stand over the Sahara issue comes in a speech he delivered Wednesday […]



