UN High Commissioner for Refugees Philippo Grandi

Forbes: Royal Pardon of cannabis farmers strengthens Morocco’s position in global legal cannabis market

U.S. Forbes magazine has lauded the decision of King Mohammed VI of Morocco to pardon 4,831 people convicted, prosecuted, or wanted in cases related to cannabis cultivation, saying the move is an important step toward strengthening Morocco’s position in the global legal cannabis market. The royal pardon was made on the occasion of the 71st […]

Morocco’s OCP becomes first African issuer of dollar hybrid bond, raises 1.5 billion

Morocco’s phosphates and fertilizer giant OCP has raised $1.5 billion through its first international hybrid bond, marking a milestone as the first African corporate to issue a US dollar‑denominated hybrid instrument on global markets. The landmark transaction also helped reopen Middle East and North Africa public primary bond markets, which had been dormant for more […]

Morocco’s Royal Navy foils drug trafficking operation, seizes 2 tons of drugs

Coast Guards of the Moroccan Royal Navy, operating in the Mediterranean, aborted, Friday, a drug trafficking operation east of Al Hoceima, says a military source. This operation led to the seizure of 53 bundles of narcotics abandoned by a go-fast boat which fled at high speed when approached by units of the Royal Navy, the […]