Moroccan Buyers Surge in Spanish Property Market Despite Pandemic
25 March 2021
Moroccans are now one of the largest foreign buyers of real estate in Spain. Between the third and fourth quarters of 2020, their share increased by 16%.
Acquisition
Morocco Approves Russian Sputnik V Vaccine, Begins Acquisition Talks
11 March 2021
Morocco has approved the use of the Russian anti-Covid-19 vaccine Sputnik V, and negotiations have already started between the two countries for its acquisition. To date, the (…)
Morocco Unveils First Radio Telescope, Advancing Astronomical Research
1 March 2021
A first in Morocco. The Atlas Golf cultural center in Marrakech has acquired a radio telescope, whose mission, among others, is to conduct cosmological studies.
French Firm Idemia Secures $6 Million Contract for Morocco’s Unified Social Registry
8 February 2021
After winning the contract for electronic national identity cards (CNIE), the French group Idemia has just won the contract for the Unified Social Registry (RSU) for the sum of (…)
Moroccan Buyers Fuel Surge in Spanish Property Purchases Amid Price Drop
3 February 2021
Moroccans residing in Morocco acquired a significant number of real estate properties in Spain in 2020. The Foreign Exchange Office has decided to audit the acquisition operations.
Rapper French Montana Buys $8.4 Million Hidden Hills Mansion Near Kardashians
30 December 2020
Moroccan-American rapper French Montana has become the owner of a magnificent villa he acquired for over $8 million.
Morocco Boosts Fisheries Research with New Japanese-Built Oceanographic Vessel
19 December 2020
Morocco has acquired a new oceanographic vessel for fisheries research. This acquisition is the result of a partnership between the kingdom and Japan.
Police Seize $1.9 Million Worth of Moroccan Cannabis in Paris Suburb Raid
6 December 2020
The judicial police of Seine-Saint-Denis seized 480 kg of cannabis resin in a warehouse in Courbevoie on November 26. Five alleged traffickers were arrested and then indicted (…)
Algeria Purchases 14 Advanced Russian Su-57 Stealth Fighters for $2 Billion
28 November 2020
Algeria has signed a contract with Russia for the acquisition of 14 stealth fighter jets. This is a "fifth generation" multi-role fighter aircraft.
Morocco’s King Mohammed VI Acquires Luxury Mansion Near Eiffel Tower
4 October 2020
It is at 20, Avenue Emile Deschanel, in the 7th arrondissement of Paris, that the new mansion of King Mohammed VI is located. The property belonged to a member of the Saudi (…)