L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]
King Mohammed VI hosted Saturday, at the Royal Residence in Salé, an iftar in honor of Crown Prince of Abu Dhabi, Sheikh Mohammed Ben Zayed Al Nahyane, who is currently visiting Morocco. During the banquet, the King of Morocco and the Crown Prince of Abu Dhabi exchanged congratulations on the occasion of the blessed month […]
Morocco announced it is beginning as of Sunday unilateral and immediate withdrawal from Guerguarat, a Buffer Strip between the southernmost tip of the Saharan provinces and the Mauritanian border, said the Ministry of Foreign Affairs in a statement. Morocco took note with interest of the statement made on Saturday, February 25, 2017 by the United […]
