Morocco has signed a major defense agreement with U.S. aerospace company L3Harris to modernize its fleet of C-130 Hercules transport aircraft. The deal, signed on July 3, marks a significant step in the Royal Moroccan Air Force’s (FRA) strategy to extend the operational life of its C-130H aircraft while preparing for the eventual acquisition of […]
International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic payment provider, in an effort to promote financial services and encourage economic development across the country. IFC’s investment will help Fawry embark on expanding its network of payment terminals across the country to make […]
The newly appointed ambassador of Algeria to Morocco Abdelhamid Abdaoui has presented a copy of his credentials to Moroccan Foreign Minister Nasser Bourita in Rabat on Wednesday, the foreign department said in a statement. Abdelhamid Abdaoui, appointed end of last September extraordinary and plenipotentiary ambassador to Rabat, is replacing Ahmed Benyamina who was Chief of […]
