The launch by Morocco of high resolution observation satellite last November and the upcoming acquisition of a second reconnaissance satellite sent shockwaves through the region with Spain struggling to bridge the gap with its southern neighbor through the launch of its own earth-observation satellite in 2019, reports Spacenews. The portal, dedicated to covering the business […]
The Egyptian government Wednesday approved temporarily a draft decree exempting travelers who bring gold from customs duties and other fees except value-added tax (VAT), reports say. The draft is applicable to semi-manufactured gold, gold prepared for currency-trade, and jewelry parts made or coated with a layer of precious metals. It is however unclear how much […]
Saudi Arabia Tuesday announced it channeled $250 million to the Sudanese Central Bank, half of the $500 million promised with United Arab Emirates (UAE) in April to ease the financial crisis in the African country. The $250 million deposit is Saudi Arabia’s contribution. The same amount was pledged by the UAE in April. The two […]
