King Mohammed VI has called for general mobilization to implement the ambitious economic stimulus plan he had announced in July to enable all productive sectors to recover from the impact of the coronavirus pandemic and to increase their ability to provide jobs and preserve sources of income. King Mohammed VI, flanked by Crown Prince Moulay […]
The French company Sagem said it has signed a major contract with the Egyptian Ministry of Defense for AASM Hammer air-to-ground missiles to be deployed by the Egyptian air force. This new contract comes just after Egypt purchased 24 Rafale omnirole fighters from Dassault Aviation. “We will deliver the first AASM Hammer missiles by the […]
ExxonMobil announced earlier this week it has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look forward to working with the government and deploying our proven expertise and advanced […]
