As part of its defense industry strategy, Morocco is on track to produce reconnaissance and combat drones in partnership with Israel, according to a parliamentary report. The two countries had signed a defense pact following the restoration of their diplomatic ties. Moroccan and Israeli top generals met on multiple occasions and Rabat had received a […]
King Mohammed VI has sent a message of congratulations to President Donald Trump on the occasion of the U.S. Independence Day celebrated by the Americans on July 4. The Monarch hailed the joint commitment to strengthening further bilateral relations and the momentum gained by the Moroccan-U.S. strategic partnership. In his message, the king expressed, on […]
The European Bank for Reconstruction & Development (EBRD) announced Wednesday a $44 million loan for the Egyptian dairy and juice producer, Beyti. The money will enable the company to refinance existing short-term loans with a longer tenor loan more suitable for its investment and development phase. The EBRD loan will also help the Egyptian company […]
