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Morocco completes 2 bln euro-denominated oversubscribed bond sale
Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]
Morocco Upgrades F16 Fleet with Electronic Warfare Systems
The Royal Moroccan Air Force will upgrade its fleet of F16 fighter jets with electronic warfare systems supplied by Harris Corporation under a contract worth $91 million. The company said in a statement that it will equip the F16 fighters of the Royal Moroccan Air Force with the Advanced Integrated Defensive Electronic Warfare Suite (AIDEWS), […]
Imported inflation behind surge of foodstuff, fuel prices in Morocco – Central Bank
Morocco’s central bank revised upwards its inflation figures for 2021 to 1.4% from 1.2% due in part to a surge in foodstuff and fuel prices in the international market. Though inflation is expected to remain under control, the central bank said it plans an inflation targeting as it continues currency reforms, yet without giving a […]



