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Sound Energy announces extension of agreements with ONEE & Attijariwafa Bank
The British Sound Energy company announced on Wednesday the extension of its “Gas Sales Agreement” (GSA) sealed with ONEE (Office National de l’Electricité et de l’Eau Potable) and Attijariwafa bank funding deal until 31st December 2023. Executive Chairman of the company Graham Lyon) said: “various elements within the GSA are being amended to meet the […]
Lockheed Martin to Upgrade Morocco’s F-16 Jets for $16.3 mln
Lockheed Martin Aeronautics Corporation struck a 16.3-million-dollar contract to upgrade Morocco’s F-16 fighter jets, the US defense department announced. The contract is part of a 55.6-million-dollar deal to upgrade Singaporean, Moroccan and Taiwanese F-16 aircraft, the same source said. Works under the Moroccan contract will be completed by June 9, 2019, the same source added. […]
Egypt Air to be restructured after almost $1bn loss
State-owned aviation company, Egypt Air Holding, will be undergoing a radical restructuring after it lost almost one billion dollar within 4 years. Sabre Airline Solutions, an airline advisory firm in Texas, has been contracted to help the company get back to its heydays. The plan is expected to last for five and half years. Egypt […]



