Maroc Telecom appoints former finance minister as chair

Moroccan Minister of Finance Mohamed Benchaaboun speaks during a news conference in Rabat, Morocco October 22, 2019. (REUTERS)
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Updated 26 February 2025
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Maroc Telecom appoints former finance minister as chair

  • The appointment came after the company was ordered to pay a fine of $630 million to its competitor Wana Corporate, better known by its brand name Inwi, for unfair competition practices

RABAT : The supervisory board of Maroc Telecom, Morocco’s leading telecoms operator, appointed on Tuesday former finance minister Mohamed Benchaaboun as chair of the management board, replacing long-serving Abdeslam Ahizoune.
Ahizoune led the company for 27 years as it expanded its operations in Africa with subsidiaries in Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Niger and Togo.
The appointment came after the company was ordered to pay a fine of $630 million to its competitor Wana Corporate, better known by its brand name Inwi, for unfair competition practices.
The fine exceeds Maroc Telecom’s 2023 profit of 6.1 billion dirhams.
Maroc Telecom, which is listed on the Casablanca stock exchange and on Euronext Paris, is 53 percent controlled by the UAE’s Etisalat while the Moroccan state holds a 22 percent stake.

 


Jordan condemns Israeli far-right minister Ben-Gvir’s storming of Al-Aqsa compound

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Jordan condemns Israeli far-right minister Ben-Gvir’s storming of Al-Aqsa compound

  • Ministry of Foreign Affairs spokesperson warned of Israeli attempts to divide the compound both temporally and spatially

LONDON: Jordan condemned the storming of Al-Aqsa Mosque by Israeli far-right National Security Minister Itamar Ben-Gvir on Tuesday in East Jerusalem.

Ministry of Foreign Affairs and Expatriates spokesperson Fouad Majali denounced the incident as a “blatant” violation of the site’s status quo, a desecration of its sanctity, and a dangerous provocation. He stressed that Israel has no sovereignty over occupied East Jerusalem or its Islamic and Christian holy sites, according to the Petra news agency.

Ben-Gvir has visited Al-Aqsa’s compound several times in recent years, despite widespread condemnation.

Majali warned of Israeli attempts to divide the compound both temporally and spatially, saying that these “provocative and inflammatory” actions aim to impose a new reality at the site.

“Israel’s violations reflect the extremist Israeli government’s policy of escalating dangerous and unilateral measures in the occupied West Bank and of violating the sanctity of holy sites in occupied Jerusalem,” he added.