the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank rejected most of the claims of Corral Morocco Holding, owned by Saudi billionaire Al Amoudi in a case filed against the Moroccan government over the shut-down of Samir refinery. The arbitration institution ordered Morocco to pay just 6% of the total 2.7 […]
Moroccan police announced this Thursday the seizure of more than three tons of cannabis at the Casablanca port and the arrest of several people involved in this major smuggling attempt. The drugs were concealed in consumer goods destined for exports, said a press release issued by the National police. An investigation was opened to identify […]
Lockheed Martin has confirmed the start of the production of fighter jets and attack helicopters ordered by Morocco in an army modernization push that also includes establishing a domestic military industry. The Royal Armed Forces have placed a $9 billion order for the acquisition of 25 F16 jets and 36 Appache helicopters that will help […]
