INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Morocco says to boost military ties with Israel

Moroccan Justice Minister Abdellatif Wehbe (R) and Israeli Justice Minister Gideon Saar (L), shake hands after signing an agreement in Rabat on July 26, 2022. (AFP)
  • The two countries agreed to further strengthen cooperation and expand it to other areas, including in intelligence, air defence and electronic warfare
  • The announcement on Tuesday follows the first meeting of the monitoring committee for Moroccan-Israeli defence cooperation in the Moroccan capital

Morocco’s army said Tuesday it had agreed with Israel to strengthen military cooperation including in intelligence and cybersecurity, following defence meetings in Rabat.

The two countries “agreed to further strengthen cooperation and expand it to other areas, including in intelligence, air defence and electronic warfare,” the Royal Moroccan Armed Forces said in a statement.

The announcement on Tuesday follows the first meeting of the monitoring committee for Moroccan-Israeli defence cooperation in the Moroccan capital.

The two-day meeting examined military cooperation including in the fields of “logistics, training and the acquisition and modernisation of equipment”.

The two countries formalised ties in 2020, following similar agreements between Israel and the United Arab Emirates and Bahrain.

It followed the United States’ recognition of Moroccan sovereignty over the disputed Western Sahara region, in a quid pro quo for re-establishing ties with Israel.

That sparked concern in neighbouring Algeria, long-time backers of the Polisario movement, which seeks an independence referendum for Western Sahara.

In November 2021, Israel’s then defence minister Benny Gantz signed a memorandum of understanding in Rabat outlining security relations with Morocco.