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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 […]
Tunisia to Freeze Assets Linked to Terrorism
Tunisia’s finance ministry announced that it would freeze assets of individuals and legal entities that are tied to terrorist activities. The suspicious assets range from real estate, securities, moveable assets to financial instruments and as such they will be frozen in order to prevent money laundering and financing terrorist activities. A 2003 law enables the […]
Libya: Head of UNSMIL deplores Monday airstrike against biscuit factory
Special UN Representative and head of the UN Mission in Libya (UNSMIL) Ghassan Salamé has deplored the airstrike slammed into a biscuit factory in Libya’s capital, Tripoli, while people were at work. Addressing the UN Security Council Monday via videoconference from the Libyan capital, he said he was “angry and sad” by the new mass […]



