firearms

King voices Morocco’s determination to strengthen special ties with Gabon

King Mohammed VI has assured President-elect Brice Clotaire Oligui Nguema of Morocco’s readiness to continue its determined work with sisterly Gabon to strengthen the special ties existing between the two countries and expand the scope of bilateral cooperation in areas of common interest. This came in a message of congratulations King Mohammed VI sent to […]

Joint Arab Force Project Moving Forward Slowly but Surely

Defense ministers and army chiefs of staff of Arab countries met lately in Cairo to discuss the project of setting up a joint military force to be deployed to defend common interest and ward off terror threats. The idea to create a joint Arab army came up after Saudi Arabia and its Arab allies formed […]

Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports

The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]