morocco-israel-aeronautic industries

OCP Buys 50% Stake in GlobalFeed from Spanish Fertinagro Biotech

Moroccan state-owned Phosphate giant, OCP Group, announced on Monday it acquired 50% stake of GlobalFeed S.L. from Fertinagro Biotech S.L., a major Spanish fertilizers producer. “This acquisition confirms OCP’s objective to diversify its phosphate solutions and become a leading player in the animal nutrition sector, addressing growing demand and expanding its offerings to specialty sustainable […]

Nearly 800 suspects arrested in Nigeria’s largest cybercrime raid

Some 792 people, including many foreign nationals, have been arrested in Nigeria as part of a sweeping raid on a crypto ring that has reportedly been involved in a sophisticated fraud operation targeting victims worldwide with false cryptocurrency schemes and romantic scams. Many of the nearly 800 suspects taken into custody from the site in […]

Algeria’s Lebanon-based Sonatrach subsidiary mired in corruption, adulterated fuel

A court in Lebanon has ordered the arrest of 17 people, including the Chief of Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil company, on corruption and supply of adulterated fuel charges. Judge Ghada Aoun, prosecutor at Mont-Liban court of appeal, ordered the arrest after state-run Electricity of Lebanon (EDL) lodged early this month […]