foreign loans

Washington strengthens Morocco’s air defense capabilities with Stinger Missiles

Morocco is set to strengthen its air defense deterrence capabilities with the upcoming acquisition of US-made 600 FIM-92K Stinger Block I missiles. The deal, worth $825 million, was cleared by the State Department with the Defense Security Cooperation Agency saying that Lockheed Martin will serve as the principal contractors for the project. The new missiles […]

Sound Energy Company Flares Gas in Successful Test in Morocco

UK Sound Energy Company has reported success in its operations carried out in Koba-1 well at Sidi Moktar, onshore in Morocco. The company engineers have successfully re-entered, completed, perforated and flared gas at surface from the Argovian reservoir (historically the main producing reservoir in the Kechoula discovery). A five meter interval was perforated in the […]

Egypt has launched a trial passenger train service on the newly rebuilt Sinai railway line

For the first time in years, a passenger train has crossed into Sinai as part of Egypt’s ongoing efforts to modernize its transportation network. The Ministry of Transport has initiated a trial run of the 100-kilometer Al-Fardan–Bir al-Abd railway line in Sinai, a significant milestone in the region’s rail infrastructure development. Deputy Prime Minister for […]