Morocco ups Euronews stake
Published: 08.43 UTC, March 11, 2011 by Julian Clover

Shareholders in Euronews have approved an increase in share capital that takes the holding of the Moroccan public broadcaster SNRT (Société Nationale de Radiodiffusion et de Télévision) to 6%.

The EBU member is now one of the principal shareholders in Euronews.

SNRT originally became a shareholder in 2008 when Euronews launched its Arabic language service.

The capital increase follows last month’s announcement of the opening of permanent news desks in Cairo, Doha and Dubai, to cover North Africa and the Middle East.

The other shareholders in Euronews SA are France Télévisions (France), RAI (Italy), RTR (Russia), TRT (Turkey), SSR (Switzerland), SNRT (Morocco), TVR (Romania) , RTP (Portugal), NTU (Ukraine), RTE (Ireland), YLE (Finland), RTBF (Belgium), TV4 (Sweden), ENTV (Algeria) , ERT (Greece), ERTU (Egypt), CyBC (Cyprus), ERTT (Tunisia), RTVSLO (Slovenia), PBS (Malta), CT (Czech Republic).