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Morocco wants to acquire Russian submarine, Amur 1650

After re-establishing relations with Israel, the kingdom intends, as part of its military cooperation with Russia, to acquire Amur 1650. Russia has important interests in Morocco with which it has established several agreements in the mining, military and construction fields. Morocco, for its part, has been hoping for eight years …

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Moody’s downgrades Morocco’s rating

Moody’s rating agency maintained Morocco’s “Ba1” credit rating due to its ability to access external and domestic financing on favorable terms. While Morocco’s rating has been confirmed, its outlook has nevertheless changed from “stable” to “negative”. This ability to obtain financing allows the kingdom to meet higher gross borrowing needs, …

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CPI 2020: Morocco drops 6 places to 86th worldwide

The Corruption Perception Index (CPI) for 2020 shows that Morocco has lost 6 places in the world rankings compared to 2019, thus ranking 86th in a list of 180 countries. The CPI is based on various surveys carried out by international agencies to score and rank countries on a scale …

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Morocco acquires Patriot air defense system

The Moroccan army is adopting the American Patriot air defense system, the United States Agency for International Trade announced in a recent note devoted to the Moroccan aerospace sector. In a recent note published on its site, the United States Agency for International Trade reports that the Royal Armed Forces …

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