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Morocco’s Partnership with Lockheed Martin Takes Central Stage at World Defense Show in Riyadh

Moroccan Minister Delegate in charge of National defense Administration, Abdellatif Loudiyi, is participating in the 2026 World defense Show, currently held in Riyadh, Saudi Arabia. During his tour of the show, the Moroccan official visited the stand of Lockheed Martin group. “Airpower, local supply chain integration and MRO capability continue to define our decades-long partnership […]

South Africa probing US allegation of Pretoria’s secret arms sales to Russia

United States’ accusations leveled against South Africa that it had been secretly selling weapons to Russia has sent the African country’s currency tumbling to record low on Thursday (11 May). The US ambassador to South Africa, Reuben Brigety, accused the country on Thursday of providing weapons and ammunition to Russia for its war in Ukraine […]

EBRD greenlights $25m loan to Egypt-based UMC

The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]