Iran has taking a very defensive approach in 2015 as it activates an Iron Dome and also begins mass production of the indigenously developed Saeghe (Thunderbolt) fighter jet. The country has been developing its defense capabilities locally since an arms embargo was imposed by the U.S in 1979. Mohammad Hassan Aboutorabifard, vice speaker of Iran’s […]
Chinese Sunrise Group has launched a major textile project in the Moroccan city of Fez which will host the 20-ha factory complex, including yarn spinning, weaving, dyeing, printing, and ready-to-wear garment manufacturing. This facility, spearheaded by Sunrise subsidiary Euwen Textiles, will use renewable energy and water recycling systems. It is expected to create around 3,000 […]
Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]
