Algeria Asia Business Headlines International

Algeria Joins Belt and Road Initiative

Algeria is the latest country to join Beijing’s Belt and Road Initiative (BRI). A memorandum of understanding has been signed by officials of the two governments to develop infrastructure and strengthen ties between the two countries through the BRI. According to Algeria Press Service the memorandum was signed by Algerian Foreign Minister Abdelkader Messahel and […]

Business Europe Headlines International Morocco

PSA Group: Kenitra Plant to Double Production Capacity as Early as 2020

The Kenitra Peugeot plant will double its production capacity by 2020, said a PSA Group management source during a site visit organized by the Ministry of Industry. The PSA Automotive Group intends to double its production capacity at its Kenitra plant. This decision follows the first results achieved so far, the source said, describing these […]

Asia Business Headlines International Morocco

Chinese Firms Showcase in Beijing their Investment Projects in Morocco

Several Chinese businessmen have discussed in Beijing with Head of Moroccan Government Saadeddine El Othmani their investment projects set for the North African country and reviewed ways to facilitate their implementation to help create jobs within the frame of a “win-win partnership”. The Chinese entrepreneurs met El Othmani on Monday on the sidelines of the […]

Headlines

Libya: Facebook Blocked in Tripoli, Other Cities amid Deadly Clashes

Residents in the Libyan capital and other cities are facing restriction to access Facebook, which has turned to be the main source of information in the crisis-hit country where lawlessness has become the order of the day with rival factions fighting to grasp power. Tripoli and its surroundings have been witnessing since the past week […]

Europe Headlines International Morocco

Morocco, Key Partner in Managing Migration- Spanish PM

Spanish Prime Minister Pedro Sanchez expressed satisfaction at his country’s cooperation with Morocco, which he described as a “key partner” in addressing migration challenges. “Morocco is a safe country with whom we are cooperating at different levels including most obviously migration,” Sanchez said in a statement to radio Cadena Ser. The Spanish PM said that […]

Business Headlines Morocco

Three Moroccan Regions Account for 58% of GDP

The Moroccan regions of Casablanca-Settat, Rabat-Salé-Kénitra and Tanger-Tétouan-Al Hoceima accounted for 58.2 % of Morocco’s GDP in 2016, Morocco’s statistics authority, HCP, said. Four other regions accounted for 30.1% of overall GDP with Fez-Meknes taking 9%, Marrakech-Safi 8.8%, Souss-Massa (6,7%) and Beni Mellal Khenifra (5.6%). The three regions represented 32%, 16% and 10,2% respectively. Such […]

Business Europe Headlines International Morocco

MEPs in Morocco to See Positive Impacts of Fisheries Accord on Sahara Population

A delegation from the European Parliament’s Committee on International Trade (INTA) starts this Monday a visit to Morocco to see first-hand the positive impacts of the Morocco-EU fisheries accord on the population of the southern provinces. Chairman of the Moroccan-EU Joint Parliamentary Committee Abderrahim Atmoun welcomed the MEPs’ visit, saying it is in line with […]

Asia Business Headlines International Morocco

Morocco Underscores in China Relevance of its African Policy

Morocco has called for a tripartite cooperation with China benefiting Africa’s social and economic development, one of the end-goals of the Kingdom’s new African policy. “Morocco is ready to work together with its African and Chinese partners to push forward the continent’s social and economic development,” said Minister Delegate for Africa, Mohcine Jazouli. Speaking at […]

Headlines Libya

Libya’s UN-Backed Gov’t Announces State of Emergency in Tripoli

Two days after the Tripoli airport was hit by a rocket, the UN-backed government announced a state of emergency in the city as the death toll from fighting in recent days reached 39, including civilians caught in the crossfire. The fighting erupted last week between armed groups from Tripoli against others from a town to […]

Asia Headlines International Morocco

Morocco, Russia Celebrate 60th Anniversary of their Diplomatic Ties

Morocco and Russia are celebrating the 60th anniversary of the establishment of their diplomatic relations. To mark the event, the foreign ministers of the two countries have exchanged letters highlighting the “exemplary” character of their bilateral ties. Morocco’s foreign minister Nasser Bourita and his Russian peer Sergey Lavrov have exchanged letters on this occasion underpinned […]