
Morocco Faces $2.3 Billion in Potential Sanctions Over Foreign Investment Disputes
Morocco faces financial sanctions of around 23 billion dirhams for not having respected its commitments towards many foreign investors over the past decade.

Morocco faces financial sanctions of around 23 billion dirhams for not having respected its commitments towards many foreign investors over the past decade.

The High Court of Justice of Andalusia (TSJA) has confirmed the conviction of three Moroccans (two men and a woman) to eight years in prison for trafficking migrants to Melilla.

The flow of Algerian gas to Spain has not been interrupted "at any time", assures the Spanish company Enagás, after the Algerian company Sonatrach announced on Sunday the reduction of the flow due to an incident "on the Spanish side" of the Medgaz, the gas pipeline that connects the two countries.

More support for Morocco. Former Spanish Defense Minister José Bono has supported his country’s new position on the Sahara, considering the Moroccan autonomy initiative as the "most credible and reasonable" solution to definitively settle the issue.

The Senate Bureau has rejected the request of Senator Compromís, Carles Mulet, for the appearance of Prime Minister Pedro Sanchez to explain the tragedy that occurred at the end of June in Melilla.

The Spanish company Sumcab, specialized in the design, production and supply of industrial cables, has carried out the technical cabling of the Jorf Lasfar industrial park in Morocco, the first in the kingdom, dedicated to the industries of the chemical and metallurgical sectors.

Interference in the signal of television channels and telephone links on the coast of Cadiz and Malaga, from Morocco, have multiplied this year with the successive heat waves recorded in Spain since the spring.

The Professional Association of Banks and Financial Institutions (ABEF) of Algeria specified in a note published on Saturday that the suspension of foreign trade operations of goods and services to and from Spain does not affect goods domiciled or issued before June 9, the date of entry into force of the measure.

Algeria has stopped supplying gas to Spain due to an incident on the Spanish side of the Medgaz, the gas pipeline that connects the two countries.

The Spanish athlete of Moroccan origin, Mohamed Katir , finished third in the 1,500 meters at the World Athletics Championships in Eugene, United States. He thus confirms his place as number 1 in this category in Spain.

The Civil Guard has arrested a 32-year-old Moroccan, accused of a hate crime against a woman of Sahrawi origin in the city of Cáceres de Navalmoral de la Mata (Extremadura).

The Spanish justice system has ordered the expulsion of a Moroccan arrested in mid-June in the municipality of Cocentaina (Alicante) for various offenses.