UAB

Sahara: Belgium describes Morocco’s Autonomy Plan as good basis for resolving the issue

Belgium has joined the chorus of European countries that clearly support the Morocco-proposed autonomy plan, saying it considers the plan, presented in 2007, as “a good basis for a solution accepted by the parties” regarding the Sahara issue. This stance was expressed in a joint statement issued in Rabat Thursday after talks between the Belgian […]

Morocco completes 2 bln euro-denominated oversubscribed bond sale

Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]

Illegal Migration: Moroccan Navy Opens Fire on Smuggling Speed Boat

A combat vessel of the Moroccan Royal Navy, patrolling the country’s Mediterranean coast, was forced on Tuesday to open fire on a high-speed boat carrying illegal migrants after it refused to respond to its warnings and obey its orders. The smuggling speedboat was driven by a Spaniard in the northern Moroccan waters. He refused to […]