According to the World bank’s new report on global competitiveness, corruption and bureaucracy are the main problematic factors for doing business in Morocco. The survey ranks the Kingdom 71st in the world and first in North Africa.
In his speech, King Mohammed VI stressed the need for fighting against corruption in Africa. Read by Foreign Minister Nasser Bourita at the 31st African Union summit in Nouakchott, the speech tackled the issue and the obstacles it creates.
On Friday, FIFA warned its 211 member federations against showing any support for the 2026 World Cup bidders.
More than 20 high-ranking officers at the Royal Gendarmerie were arrested for their involvement in the infamous La Crème shooting in Marrakech. The information revealed by Assabah daily newspaper was confirmed to Yabiladi by a well informed source.
The Anglo-Swiss multinational trading and mining company, Glencore along with the American private equity investor Carlyle have offered to purchase the Samir oil refinery. According to Global Witness organization, Glencore has a controversial reputation.