RAM

Agadir first Moroccan commune to issue bond

The city of Agadir has made a successful issuance of Morocco’s first municipal bond of 1 billion dirhams to fund its development plan. The dirham-denominated bond sale targeted national and international institutional investors as the commune braces for a facelift. The European Bank for reconstruction and development (EBRD) has supported Agadir’s bond with an investment […]

Morocco to Build New Terminal in Rabat-Salé Airport

Morocco is building a brand-new terminal in the Rabat-Salé airport to keep up with a growing number of passengers and air traffic as the North African country has become one of the world’s popular tourism destination and an attractive hub for investors. King Mohammed VI, who spearheads the country’s modernization, launched on Wednesday the construction […]

Sudanese military’s threat to target Chadian airports, a declaration of war, says Chad

Chad has issued a forceful condemnation of a senior Sudanese military official’s threat to target its airports, characterizing the statement as a “declaration of war” and promising to respond according to international law if its sovereignty faces violation. The diplomatic crisis erupted after Lieutenant General Yasir al-Atta, deputy commander of Sudan’s army, designated airports in […]