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Category: Asia
Egypt, Japan sign $301m agreement to finance Cairo Metro’s 4th line
Japan will release to Egypt $301 million to finance the implementation of phase one of Cairo Metro’s fourth line. The related agreement was signed between ... Read More
Morocco-Azerbaijan: Deputy FM highlights excellent level of bilateral cooperation
Visiting Azerbaijani Deputy Foreign Minister, Fariz Rzayev, emphasized, Tuesday in Rabat, the excellent level of cooperation between Morocco and his country despite the geographical distance, ... Read More
Al Baraka Group Sells its Stakes in BTI to Moroccan Bank of Africa
Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its ... Read More
Egypt, Qatar to launch joint business forum in 2023 Q1
An Egyptian-Qatari Business Forum will be launched during the first quarter (Q1) of 2023, Mubasher reports citing sources familiar with the matter. Egypt’s General Authority ... Read More
Pakistan invites Morocco to take part in naval exercise Aman-2023
Pakistan has invited Morocco to take part in the 8th Naval Exercise Aman (Peace) to be organized in February next year by this South-Asian Muslim ... Read More
Automotive Industry: Japanese Sumitomo strengthens its presence in Morocco; targets 16,000 new jobs by 2028
The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and ... Read More
OIC handpicks Nigeria as food storage hub
Member-states of the Organization of Islamic Cooperation (OIC) have chosen Nigeria to serve as a food and grain storage hub for the group’s member states. ... Read More
Morocco, UAE discuss preparations of COP28 to be held in Dubai
Preparations for the COP28 (Conference of the Parties to the United Nations Convention on Climate Change), scheduled to take place in Dubai in late 2023, ... Read More
Is Algeria’s regime distancing itself from Russia to avoid U.S. ire?
In a bid to maintain their strong grip on power and avoid U.S. sanctions for financing Moscow’s war in Ukraine through the purchase of Russian ... Read More
Sudan seals $6bn deal with UAE to build new Red Sea port
Sudanese government has signed a $6 billion agreement with a consortium led by the United Arab Emirates' AD Ports Group and Invictus Investment to develop ... Read More