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Vivendi selling Maroc Telecom stakes

Stakes owned by Vivendi SA in Maroc Telecom are being sold as part of debt reduction plan by the former. The sale is estimated to generate more than $5billion. Two potential investment banks have already been contacted by Vivendi but political policies might make a deal hard to come by, the source added. Vivendi accounts […]

Sahara: Bucharest Supports “Political Solution” to this Regional Conflict

The Government of Romania has praised the serious and sustained efforts made by Morocco in a bid to reach a definitive and lasting solution to the Sahara issue, saying it fully supports a “political solution” to this regional conflict. Bucharest voiced this stand in a press release issued after talks between Minister of Foreign Affairs […]

L3Harris Technologies to fit Morocco F-16 jets with smart weapons

U.S. defense company L3Harris has announced a $29 million contract to provide smart weapon release systems to Morocco, Bahrain and Jordan, three allies of the United States. The L3Harris system gives F-16 pilots more firepower and expands their missions. The Bomb Release Unit (BRU)-57/A allows F-16s to carry two smart weapons on each system instead […]