Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]
Morocco has launched a charm offensive to increase threefold the number of visitors from China, Morocco’s tourism promotion office ONMT said. Morocco has recently won the “China Ready” label as it invests in services tailored to the needs and expectations of Chinese tourists, ONMT said in a statement. Annually, some 150 million tourists travel abroad […]
The Sahraoui Association for the defense of human rights (ASADEDH) sued Polisario separatist chief Brahim Ghali at Spain’s constitutional court for crimes against humanity. The association told Moroccan media that Ghali is involved in torture and summary executions in the camps of Tindouf, where the Algerian government delegated sovereignty to a ruthless separatist militia that […]
