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Morocco cleared to acquire attack helicopters worth $4.25 bln

Morocco is filling the gap in terms of offensive air capabilities with the acquisition of  36 mighty Apache helicopters and related equipment for a total cost of 4.25 billion dollars. Previously announced by the US Defense Security Cooperation Agency (DSCA) on 20 November, the deal was green lighted by the US Department of state describing […]

Morocco’s King lauds army’s humanitarian relief, international peacekeeping efforts

King Mohammed VI in his capacity as supreme commander of the Royal Armed Forces praised the contributions of the Moroccan army to different disaster response operations as well as their efforts in favor of peacekeeping across the continent. In an Order of the Day, marking the 69th anniversary of the Royal Armed Forces, the King […]

J.P. Morgan Includes Morocco in Its ‘frontier’ Local Currency Debt Index

J.P. Morgan has placed Morocco among the core countries set to receive some of the highest weightings in its new GBI-EM Edge index, which tracks local-currency sovereign bonds across 26 frontier market economies. The international financial services firm will launch by end of September its “Government Bond–Emerging Market Index” (GBI-EM) covering almost $ 330 billion […]