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UN Envoy to Libya Holds Consultations with Morocco
UN special envoy to Libya Ghassan Salamé held talks Monday in Rabat with Foreign Minister Nasser Bourita, focused on the Libya crisis. At a joint press briefing following the meeting, Bourita renewed Morocco’s support to an inter-Libyan solution under the aegis of the UN to achieve a final settlement of the crisis in the North […]
Egypt: decline in Hermes profits
One of the biggest investment bank in Egypt has reported an 18.8 % decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds. EFG Hermes made this announcement in report of its third quarter consolidated financial results. EFG Hermes said its net […]
Morocco implements major defense trade reforms
Morocco’s Customs and Indirect Taxes Administration has unveiled comprehensive regulations governing defense materials, weapons, and ammunition trade, establishing strict frameworks while facilitating essential commercial flows for the national defense industry. The new circular, based on Law 10-20 of 2020, creates three distinct material categories with specific regulatory requirements. Category A covers exclusively military equipment including […]



