Belgian SABCA Sabena Aerospace

Morocco mandates banks for its Euro bond

Morocco has mandated Barclays, BNP Paribas, JPMorgan, Natixis to hold meetings with investors for its upcoming Euro bond, Bloomberg reported. The bond will help Morocco pay back 1 billion euro bond that will reach maturity next month.   Central bank governor Abdelatif Jouahri said Morocco will issue the bond this year in euro without giving […]

White House discusses Al-Qaeda Threat in North Africa

The terrorist threat posed by Al-Qaeda’s branch in North Africa was at the center of secret meetings held lately by the White House, says the Washington Post, noting the U.S. administration has started seriously considering the possibility of launching a strike against that extremist Jihadist group. The secret meetings looked into ways of helping regional […]

Morocco’s Aeronautics Gets $ 20 Mln Investment from US Hexcel Corp.

Hexcel Corporation has announced plans to build a 117,000-square-foot manufacturing plant in Casablanca, Morocco. The $ 20 million new facility will enhance Hexcel global engineered core capacity. This project is part of the US company’s worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. […]