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Converting Debt to Shares, a Possible Scenario to Save Morocco’s Sole refinery
Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move that entails giving creditors a say in the board of trustees, Moroccan media reported on July 11. After an appeals court in Casablanca upheld a ruling placing the refinery into […]
Morocco reinforces artillery capabilities with Caesar howitzers
Morocco has received the first batch of its order of 36 Caesar howitzers as part of a push to modernize all segments of its air, sea and land forces, local media reports. The new procurement will deepen the gap between Morocco and its Algerian rival further reinforcing the capabilities of the Moroccan artillery. The French […]
Sahara: Outgoing ambassador to Rabat confident about the future of Morocco-USA relations
The outgoing US ambassador to Morocco, David Fischer, said he was confident “as to the future of Moroccan-American relations”, deeming that “they will be in safe hands”. At a press conference Monday in Rabat marking the end of his mission in Morocco, the US ambassador commended King Mohammed VI for having guided US-Moroccan friendship towards […]



