Morocco Ukraine

Morocco, Russia Close to Reaching a Deal on Amur-Class Submarine

Negotiations are underway between Morocco and Russia on the delivery of the Amur-class 1650 super-quite submarine, which will be the Kingdom’s first submarine, Moroccan press reported. The Amur-1650 diesel-electric powered submarine will significantly boost Morocco’s capabilities as it will carry Club cruise missiles in addition to featuring air-independent propulsion (AIP). With a length of 66.8 […]

Solar Energy: Morocco’s Noor Ouarzazate III Plant Switched on

Morocco’s Noor Ouarzazate III solar thermal power plant has been powered up to carry out necessary technical functional tests before its delivery planned for the last quarter of 2018. This plant is part of the Noor solar complex, the largest in the world. It is the second one designed and built by Spanish engineering company […]

Egypt: Import Duties on Luxury Goods Increased to Promote Local Products

A new presidential decree coming into effect this February 1 will increase import duties on luxury goods from 10% to 40% as the government tries to boost its foreign reserves and ensure that they are spent on essential products while hoping to contribute to an increase in demand of local products. Ahmed Shiha, head of […]