Mozambique ‘tuna bond’ case: Credit Suisse loses bid to block UK trial due in October

Credit Suisse has lost its bid to block the lawsuit filed by the Government of Mozambique against the Swiss bank for its role in the 2 billion dollar scandal known as the “tuna deal”, and will thus be brought to trial in October. A UK high court judge on Monday (4 July) refused to strike […]

American STG to Install Phone Assembly Plant in Morocco

The American STG (Secure Technologies Group) will install around 2019-2020 a phone assembly plant in Morocco, announced the group’s founder Adnan Ouassini. Adnan Ouassini, a Moroccan entrepreneur born in Tangier, established STG in 2008 in Silicon Valley in the United States through Technology Capital Invest (TCI), an investment holding company in new technologies, also founded […]

Libya: HNEC cautions against unofficial municipal election results

The Libyan High National Elections Commission (HNEC) has urged the public to disregard any municipal election results not released through its official channels. At a press conference held over the week-end, the Commission warned that figures circulating on social media or other outlets are unreliable, emphasizing that verified results will only be published on its […]