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Morocco to launch large-scale reform of state companies
In implementation of Royal instructions, the government is preparing a reform of state-owned enterprises with a view to improving good governance, economic and social efficiency and reduce dependence on state budget, Finance Minister Mohamed Benchaaboun said. The development of these enterprises is hindered by several issues, notably low returns and dependence on state budget, which […]
Sarkozy in custody for getting illicit campaign funds from Gaddafi
Former French President Nicolas Sarkozy has been held for interrogation for allegedly getting illicit funds from ousted Gaddafi’s regime for his 2007 successful presidential bid. He was summoned for questioning at a police station in Nanterre, north-west Paris, on Tuesday, several European media reported. The former President is suspected of getting illicit funds from former […]
The GCC Countries in a Multipolar Currency System: Is a New Currency Emerging?
In the mid of the 2008 financial meltdown, countries from the periphery injected their hard-won money into the rescue of Western financial institutions and near-defaulting governments. Those events have definitely cleared the way for the arrival of new powers on the international scene, showed in the rush at calling up an enlarged G-20 in early […]



