Business Energy Headlines Morocco

Russian Companies Willing to Tap into Morocco’s Gas Projects

Russia’s Energy Minister Alexander Novak said Russian companies are interested in Morocco’s gas projects, notably the liquefied gas terminal in Jorf Lasfar and the Moroccan-Nigerian gas pipeline. “Our companies are interested in participating in those projects. We are ready to supply LNG, construct gas pipeline and terminal,” said the Minister in an interview with Russian […]

Algeria Headlines

Algeria Acquires Buk Missile System

The People’s National Army’s (ANP) El-Djeich magazine has confirmed the purchase by the Algerian army of the Buk-M2E surface-to-air missile (SAM) systems, designed to counter cruise missiles, smart bombs, fixed- and rotary-wing aircraft, and unmanned aerial vehicles. The magazine said in an article in its August issue that the ‘Majd 2017’ exercise held in July, […]

Asia Headlines International Libya

Moscow Supports Haftar’s Efforts to Restore Statehood in Libya

Russia Monday welcomed Khalifa Haftar’s efforts seeking the restauration of a central government in Libya, six years after the collapse of the Gaddafi regime. Russian foreign minister Sergey Lavrov told visiting Commander of Libyan National Army (LNA) Khalifa Haftar that Moscow stands on his side to flash out extremism. “Unfortunately, the situation in Libya remains […]

Egypt Headlines

Middle East biggest military base inaugurated in Egypt

A new military base, the largest in the Middle East and Africa, was inaugurated over the weekend and baptized after the leader of the 1952 Egyptian revolution and the country’s first President, Mohamed Neguib. The military base, consisting of more than 1,100 new or recently renovated buildings, was built on what used to be a […]

Asia Headlines International Morocco

Morocco Offers Gateway to Russian Investments in Africa

Morocco’s increasing diplomatic and economic clout in Africa enables it to offer a gateway for Russian business wishing to invest on the continent. The visit by Morocco’s foreign Minister to Moscow is part of a Moroccan endeavor to strengthen its role as a platform for Russian investments towards Africa. “His Majesty King Mohammed VI is […]

Algeria Columns Headlines Morocco Opinions

Fears in Algeria over Potential Non-renewal of Maghreb-Europe Pipeline by Morocco

Fears are growing in Algeria over the possibility of the non-renewal by Morocco of the contract governing the Maghreb-Europe Gas Pipeline, which transports Algerian gas through Morocco and the Strait of Gibraltar to Spain and Europe. Concerns were voiced in the Algerian press, speculating about a potential cessation of the contract, which expires in 2021 […]

Egypt Headlines

Russia, Egypt boost ties after diplomatic row

Egyptian and Russian Foreign affairs ministers on Monday discussed bilateral and regional issues in Cairo including the resumption of flights between Russia and the North African nation. Moscow suspended passenger flights to Egypt, in the wake of the crash of a Russian jet in Egypt in November 2015. A group affiliated with Islamic State has […]

Algeria Headlines

Cash-strapped Algeria Continues to Spend Lavishly on Defense, SIPRI

As it heeds straight towards the depletion of its oil-money coffers, Algeria imposed austerity measures, cutting subsidies and introducing taxes, while maintaining lavish spending on armament unchanged. Algeria spent $1.686 billion on defense that is a 0.4% increase compared to last year, Stockholm International Peace Research Institute (Sipri) said in its latest report on global […]

Headlines Libya

Libya: Moscow attempts to seduce PC-backed Misrata top military officials to negotiate with Haftar

Russian authorities have held talks with heads of Misrata forces aligned with UN-backed Presidential Council in a move to narrow gap between the West-based forces opposed to field Marshal Khalifa Haftar, reports say. An important delegation of forces headed by Abdulhamid Al-Dubaiba assisted by Bunyan Marsous commander Mohamed Essa met in the Russian capital with […]

Headlines Morocco

Moroccan Navy Shows Interest in Greek Submarines

Senior commander of Morocco’s Royal Navy had talks with Greek peers on a set of issues of mutual interest, on top of which the possibility of acquiring Submarines used by the Greek navy, said the website Far-Maroc specializing in military issues. The same source reported that commanders of the Tarik Ben Zyad and Sultan Moulay […]