Morocco sealed contracts worth €400 million with different French arms manufacturers, said French media adding that the deals will be announced during an expected visit of President Emmanuel Macron to Morocco next February. The deals include a contract worth €200 million signed with Nexter to acquire Caesar self-propelled howitzer and related ammunition, latribune.fr said. The […]
Canadian authorities charged two nationals of involvement in selling Chinese-made drones and other military-equipment in Libya. The case goes back to 2018 when the two men served at the International Civil Aviation Organization, a U.N. agency headquartered in Montreal. The two men Fathi Ben Ahmed Mhaouek, 61, and Mahmud Mohamed Elsuwaye Sayeh, 37, were found […]
The IMF expressed its support for the Moroccan authorities’ plan to gradually transition to a more flexible exchange rate regime, which should support the economy’s ability to absorb external shocks, and preserve competitiveness. The statement was made by Nicolas Blancher, head of the IMF consultation mission, in a press release that conveyed the preliminary findings […]
