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Aeronautics: French “Le Piston” group opens 2nd plant in Morocco

“Le Piston Français” Group, a major player in aeronautical supply chain, has reinforced its presence in Morocco with the opening on Wednesday of a second plant in Casablanca industrial zone. The French company has invested over €6 million in the new production site built over a 4000 m2. It will employ 100 engineers, specialized technicians, […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]

Morocco Stresses Need for Joint Action against ISIS in Africa

Morocco stressed the need for stepping up and adapting the efforts of the global coalition for a joint action to defeat ISIS. Speaking to the press after the Regional Meeting of Political Directors of the Global Coalition to Defeat ISIS, hosted in Skhirate (Rabat’s suburbs) Tuesday, Morocco’s Foreign Minister pointed to the scale of the […]