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Oman and Spain seal €200m investment fund partnership

Oman and Spain have signed a joint partnership fund agreement that will help the two countries to use the Middle Eastern country as a center for their expansion plans. A €200 million joint investment fund was signed between Compañía Española de Financiación del Desarrollo (Cofides) and Oman’s State General Reserve Fund (SGRF) with both parties […]

Morocco set on diversifying its drone arsenal

Morocco has reportedly purchased an unspecified number of China’s Wing Loong II medium-altitude, long-endurance unmanned aerial vehicles (UAVs) as it continues to bolster its air capabilities and drone arsenal. The news was reported by multiple defense outlets but no confirmation from Morocco where the army does not announce its procurements. The new acquisitions will further […]

Libya’s Afriqiyah Airways Beefs up its Airbus Fleet

Libya’s Afriqiyah Airways has ordered four more Airbus A350-900s planes worth over $1.4 billion as the company prepares its international and regional comeback with competitive services. The carrier has also converted its original order for six Airbus A350-800s into six of the larger A350-900 model bringing up its total order to 10 jets. Afriqiyah Airline, […]