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Morocco’s CDG Capital Fund Receives Fitch Top Rating

Fitch Ratings has assigned “Excellent” score to the Moroccan fund CDG Capital Gestion, with a stable outlook. This top rating has been awarded to the fund due to its broad stability and its best investment resources organization. According to Fitch analysts, the “Excellent” mark of CDG Capital Gestion is driven by “its highly disciplined investment […]

Turkey Pushes for “Strategic” EU Membership

The 36th Turkey-EU Joint Consultative Committee kicked-off in Brussels on Tuesday with Ankara pressing for a full membership to the European body despite EU member states’ harsh criticism of its human rights record and political openness. Turkey’s European Union Affairs Minister Omer Celik urged the EU to “support Turkey during this difficult period in the […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]