Law Enforcement:
Dealing
with Cross-Boarder Terrorism
When A Non-Recognized
Rebel Movement Captures a Notorious Terrorist
Both Algeria and Germany Want Abderrazak Le Para
Terrorist
chief Amari Saifi, known as Abou Haidara, but often referred to as Abderrazak
Le Para will no longer harm civilians and law enforcement agents. A
former paratrooper in the Algerian special forces, Abderrazak Le Para
has been actively leading the Salafist Group for Preaching and Combat
(GSPC)terrorist organization in the Algerian Sahara region but has recently
been captured in the state of Chad, along with his associates. The capturing
of Abderrazak Le Para was announced by Ms. Frauke-Katrin Scheuten, a
senior official at the federal prosecutors office in the western
German region of Karlsruhe...
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Morocco Urban Affairs:
DH 10 Billion for
Suburban Expansion Between Rabat and Salé
Not too many regions in Morocco are getting the same level of attention
than the Bouregreg Valley. This is because the area is expected to get
some DH 10 billion in economic development, in an urban investment project
considered unprecedented in the North African Kingdom. Nestled between
the two cities of Rabat and Salé, the historical valley with its
river, represents a discontinuity between two important urban centers.
This discontinuity is what led decision makers, headed by King Mohammed
himself, to focus on developing the area, while preserving the regions
historical sites.
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Morocco - Fisheries:
Octopus Fishing
Resumes in Morocco After Eight Months of Biological Rest.
With More Regulation, Tension Between Administration and Fishermen is
Mounting
On May
15, the ban on octopus fishing was lifted in Morocco after eight months
of a biological rest aimed at replenishing the depleted fish stocks along
the countrys Atlantic coast. But the resumption of fishing did not
come without a great of confusion and added tension. Indeed over the past
months, law enforcement authorities and royal navy cracked down on illegal
fishing and have banned the perpetrators from operating in the area without
following proper rules. In addition, many trawlers that have not received
a new license to operate have disregarded the law and went on fishing
despite the ban. Since the resumption of fishing, authorities have forcibly
removed some two dozen small boats illegally operating along the coast.
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Finance
Foreign Currency
Stock Could Top $40 Billion at Yearend in Algeria
The year 2004 could be a bumper year for the Algerian treasury. With
record oil and gas prices, finance officials predict that the foreign
currency reserves will likely be between $39 billion and $40 billion
by the end of the year. The figure was also shared by the finance minister
last week during a presentation at the national assembly.
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Morocco
Labor/Legislation
Employers, Government
and Unions in Morocco Make Progress Toward a New Labor Law
The debate concerning a new labor code in Morocco is still on going
as interest groups continue to lobby the special commission established
to finalize the details of the law. Initially scheduled to end on May
15, 2004, the commissions work has been extended as only 19 of
the 54 proposed articles have been accepted thus far. The remaining
ones are still subject of contention and opposing positions from the
three main social partners, the administration, trade unions and employers.
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Pharmaceutical
Sector/Companies
Saidal Says it
Has 40% Share of the Algerian Drugs Market
Saidal, Algerias
biggest pharmaceutical company, generated more than AD 6.1 billion in
sales in 2003. The company says it is satisfied with its performance
but recognizes that improvements can be made in comparison to the important
investments made and the skills it has developed over the years
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Markets and Industries
A Booming Security
Market: One Year After the Casablanca Terror Attack, Companies Focus
on Security
When Casablanca was hit by a terror attack on May 16, 2003, companies
in Morocco recognized that they were vulnerable and ill prepared if
they, themselves were targets of attacks or sabotage. Worried about
the safety of their facilities, infrastructure, clients and employees,
companies have increased their spending on security in the past months,
allowing the creation of a whole new industry in Morocco.
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