The Royal Moroccan Air Force will upgrade its fleet of F16 fighter jets with electronic warfare systems supplied by Harris Corporation under a contract worth $91 million. The company said in a statement that it will equip the F16 fighters of the Royal Moroccan Air Force with the Advanced Integrated Defensive Electronic Warfare Suite (AIDEWS), […]
The European Union has granted Tunisia €162 million to support the country’s various reforms that are expected to revive the economy. EU ambassador to Tunisia Marcus Cornaro announced the grant during a meeting Wednesday with Tunisia’s Minister of Economy and Planning Samir Saied, Webdo Tunis reports. The financial aid will reportedly support reforms in several […]
Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]
