The air forces of the five Maghreb countries (Algeria, Libya, Morocco, Mauritania &Tunisia) and their European partners France, Spain, Italy, Malta and Portugal have staged lately a joint aerial military drill destined to counter terror threats. The joint regional exercise, code-named “Circaete 2012”, seeks to enhance the combat capabilities of the air forces to prevent […]
Stellantis, one of the world’s leading automakers, has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS […]
Lockheed Martin has confirmed the start of the production of fighter jets and attack helicopters ordered by Morocco in an army modernization push that also includes establishing a domestic military industry. The Royal Armed Forces have placed a $9 billion order for the acquisition of 25 F16 jets and 36 Appache helicopters that will help […]
