The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
Morocco is reportedly exploring the acquisition of up to 400 South Korean K2 Black Panther tanks and the Cheongung medium-range air defense system as strategic partnership between Seoul and Rabat is gaining momentum. According to experts, the potential deal would enable Moroccan army to diversify military weaponry and modernize its land and air defense capabilities. […]
Libya and Bangladesh signed Wednesday October 25 a memorandum of understanding (MoU) to facilitate employment procedures and enhance cooperation between the two countries, ‘Libya Update’ reports. The Minister of Labor and Rehabilitation of the Libyan Government of National Unity, Ali Al-Abed, and the Minister of Expatriates Welfare and Employment of Bangladesh, Imran Ahmed, signed the […]
