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Russia Lifts Ban on Weapons Sales to Iran, Irking Neighbours

The Russian president Vladimir Putin has decided to lift the ban imposed on arms sales and exportations to Iran for its nuclear program, prompting anger of Washington and several Middle-eastern countries. President Putin signed Monday an executive order cancelling the ban imposed on Iran, paving the way for the delivery of Russian weaponry to Teheran […]

Morocco Seeks Attack Helicopters

Finally Morocco is filling the gap in its helicopter attack capacity as the country is reportedly negotiating the purchase of the mighty Apache AH 64. The deal might have been sealed during a visit by Morocco’s chief of Staff Abdelfattah Lourak last April in Washington, le360 reported. The news come after reports raised a possible […]

Automotive equipment: EBRD Grants Novares Morocco a €16.5 million Loan

The European Bank for Reconstruction and Development (EBRD) has granted Novares Morocco, the Moroccan subsidiary of the French automotive supplier Novares Group, a €16.5 million loan. The amount will be used to finance the Novares project in Morocco, supplying the plants of Peugeot PSA in Kenitra and of Renault in Tangiers. The funds will also […]