The Moroccan government increased the budget allocated for defense to 133 billion dirhams ($13.5 bln) as it prepares to promote defense industries and upgrade equipment, as shown in the draft budget for 2025. This year, Morocco’s defense budget was at 124 billion dirhams, highlighting the country’s efforts to modernize its army with state-of-the art technologies. […]
Reports have been claiming that Dubai’s Majid Al Futtaim# (MAF) was in talks with Egypt’s Mansour Group# to buy its supermarket business in a deal valued at $200 million to $300m and it has led to Arabian Gulf firms present in Egypt to develop a zeal for expansion despite low valuations. It’s also signaling a […]
The upcoming talks, between the Syrian opposition and Assad’s government, in Russia are seen as an opportunity that should not be missed according to U.N. Special Envoy Staffan de Mistura. He said the Syrian war has become the worst humanitarian disaster since World War II and Russian efforts should be supported to end it because it […]
