Senator MCcain

Morocco’s Police seize over 4.8 tons of cannabis & 6 kg of cocaine

Moroccan security services have seized 4.85 tons of cannabis and 6 kg of cocaine in separate anti-drug operations carried out lately in various cities of the Kingdom. Over the weekend, the police of Agadir intercepted a transport vehicle at the entrance of the city of Ait Melloul carrying 2.34 tons of cannabis. They also intercepted […]

Thomas Cook collapse: Moroccan hotels to lose over $20 million

The collapse of British airline Thomas Cook will cost Moroccan hotels over $20 million (200 million dirhams) in due payments, said Morocco’s tourism operators. The local media is also speaking of a loss of 100,000 annually. Last year Thomas Cook carried 102,000 tourists mainly from Britain to the cities of Agadir and Marrakech. The tourism […]

Morocco mandates banks for its Euro bond

Morocco has mandated Barclays, BNP Paribas, JPMorgan, Natixis to hold meetings with investors for its upcoming Euro bond, Bloomberg reported. The bond will help Morocco pay back 1 billion euro bond that will reach maturity next month.   Central bank governor Abdelatif Jouahri said Morocco will issue the bond this year in euro without giving […]