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Morocco’s CDG Capital Fund Receives Fitch Top Rating

Fitch Ratings has assigned “Excellent” score to the Moroccan fund CDG Capital Gestion, with a stable outlook. This top rating has been awarded to the fund due to its broad stability and its best investment resources organization. According to Fitch analysts, the “Excellent” mark of CDG Capital Gestion is driven by “its highly disciplined investment […]

Algeria: Court upholds prison sentences against former Prime Ministers charged with corruption

An appeals court in capital Algiers Wednesday confirmed the jail term sentences against former Premiers charged with corruption. Ahmed Ouyahia and Abdelmalek Sellal were sentenced respectively to 15 and 12 years in prison last December after they were charged with misappropriation of public funds, abuse of power and granting undue privileges. Both were Prime Ministers […]

Draft Decrees on Implementation of Bill on Compulsory Military Service Approved at Ministers’ Council

Two draft decrees relating to the implementation of the recently adopted bill reinstating compulsory military service for young people aged between 19 and 25 years for 12 months have been adopted Thursday (Feb.7) at a Ministers’ Council held under the chairmanship of King Mohammed VI, Supreme Commander and Chief of the General Staff of the […]