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 […]

Former Spanish Defense Minister denounces Polisario’s accession to AU as an anomaly

Former Spanish Defense Minister José Bono Martinez denounced, Friday in Dakar, the accession of the Algeria-backed Polisario to the African Union (AU) as an “anomaly”. “The AU recognizes an entity not recognized by the UN. This is an anomaly that does not occur in any other international organization,” Bono Martinez said at the 2nd International […]

WIPO: Egypt in the top 100 global science and technology clusters

Egypt has secured the 95th rank in the top 100 science and technology clusters in the 2024 Global Innovation Index. This recognition positions Cairo as the only North African cluster on the list, according to the World Intellectual Property Organization (WIPO) report. The report noted that from 2019 to 2023, Cairo filed 166 patent applications […]