Morocco Bought $6.2 bln in Weapons from 2008 to 2015- Congressional Report

Morocco spent $6.2 billion on weapon deals from 2011 to 2015, said an annual Congressional study dubbed, “Conventional Arms Transfers to Developing Nations, 2008-2015, one of the most comprehensive assessments of global arms sales available in an unclassified form. The US continues to be the main arms supplier of Morocco over the same period with […]

U.S. imposes sanctions on Sudan over alleged use of chemical weapons against civilians

The United States has officially imposed sweeping sanctions on Sudan’s government, following a determination by the State Department that the regime used chemical weapons against its own citizens in violation of international law. The sanctions, which came into effect on Friday, June 27, were published in the U.S. Federal Register and enacted under the 1991 […]

Family-owned firms drive IPO boom on Casablanca Stock Exchange

A new wave of family-owned businesses is reshaping Morocco’s financial landscape as they increasingly turn to the Casablanca Stock Exchange to secure growth and ensure succession. The latest example is SGTM, a heavyweight in Morocco’s construction sector, which is preparing a landmark initial public offering (IPO) scheduled for December 16, Jeune Afrique reported in a […]