Sonatrach_Lukoil

Morocco, the Netherlands co-chairs of Global Counter Terrorism Forum

Morocco and the Netherlands have been unanimously elected co-chairs of the Global Counter Terrorism Forum (GCTF) taking over from the US and Turkey which had chaired the forum set up in 2011. The election took place during the GCTF Coordination Committee 7th session held in Qatar’s capital Doha last week. The election of Morocco as […]

Morocco Enhances Further its Airpower with acquisition of Chinese Drone TB-001, Making Algerian Junta Nervous

The Algerian military regime has started feeling the heat with the growing military strength of Morocco which has just received U.S. Apache attack helicopters and purchased Chinese TB-001 reconnaissance & attack drones “Twin-Tailed Scorpion.” According to experts, the advanced Chinese long endurance unmanned aerial vehicle (UAV) will reinforce Moroccan military capabilities in border surveillance and […]

AMF supports Morocco’s public finance sector reform with a new $211 million loan

The Arab Monetary Fund has extended Morocco a new $211 million loan, within the framework of the Structural Adjustment Facility, to support a reform program in the public finance sector,  the Arab financial institution announced in a statement released Friday. The loan agreement was signed on May 23 by Morocco’s Economy and Finance Minister Mohamed […]