Iran and India have signed a Memorandum of Understanding for the development of the Chahbahar port located in Southeastern Iran. The agreement was signed by India’s Shipping Minister Nitin Gadkari and Iran’s Minister for Transport and Urban Development Dr. Abbas Ahmad Akhoundi. It is seen as a strategic move although the U.S has warned against […]
U.S. defense manufacturer Lockheed Martin has shown interest in Morocco’s investment opportunities offered in the defense industry which has attracted several companies including India’s Tata Advanced Systems, Turkish Baykar, Bluebird Company… A senior Lockheed Martin delegation led by Brig. Gen. Joseph Rank (Ret.), CEO for Africa & Saudi Arabia, visited lately Rabat and Casablanca to […]
Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest shariah-compliant lender, is planning expansion in Africa markets to tap demand in countries with a large Muslim population. In Africa, The bank has “looked closely” at Algeria and Morocco, Chief Executive Officer Tirad Mahmoud told reporters. “We are actively visiting locations where we may be […]
