Asia Business Emerging Markets Headlines International Morocco

Israel to open economic mission in Morocco as trade grows

Israel plans to set up an economic mission in Morocco to further bolster trade between the two countries after the momentum created by the resumption of ties in 2020. In 2022, trade between the two countries rose to 180 million, up 160% compared to 2020, with a potential to outperform that as Moroccan and Israel […]

Asia Business Emerging Markets Headlines International Morocco

Morocco’s national airliner resumes direct flights to Moscow

Royal Air Maroc has resumed direct flights between Casablanca and Moscow, after more than a year of absence from the Russian travel market. The announcement was made Tuesday by several Russian news outlets and travel agents association. The non-stop flights will operate twice a week on Wednesdays and Fridays from Moscow to Casablanca and on […]

Africa Americas Asia Business Emerging Markets Energy Europe Headlines International

Africa pays price as global powers jostle for its gas and critical minerals

Europe is increasingly turning to Africa to find alternatives for Russian energy supplies it has shunned since the start of the war with Ukraine, while the United States, China and Russia are racing for economic influence on the continent. These four global powers are in a race to win over Africa, the continent’s market of […]

Asia Egypt Finance Headlines International

Japan pledges over $700 million for Cairo’s fourth metro line

Japan will finance the construction of Cairo’s fourth metro line to the tune of $700 million. The announcement was made Sunday during a visit to Egypt by the Japanese Prime Minister Fumio Kishida. This Japanese investment is one of the largest packages to support the plan to develop transportation in Egypt. The fourth phase of […]

Asia Columns Emerging Markets Finance Headlines International Morocco

Morocco’s King urges Arab financial institutions to pool efforts in face of global economic, climate challenges

King Mohammed VI of Morocco said Arab financial institutions should pool effort to address economic challenges in a context of geopolitical tensions and inflationary pressures while working together to fund climate action and concessionary finance in the region. To rise up to global challenges and risks to energy and food security in particular, “we clearly […]

Africa Asia International

Togo, Russia ink sport education cooperation agreement

Russia will help spur sports in Togo under a Memorandum of Understanding (MoU) in the field of sport education, inked this week. LidiBessi Kama, Togo’s Sports Minister and her Russian counterpart Oleg Matytsin inked the deal in Lome, Togo on April 25. The agreement will promote and intensify the exchange of programs, expertise and information […]

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BRICS-issued new currency may pave way for de-dollarization

As the 15th edition of the BRICS summit approaches, two topics are high on the grouping’s agenda: its expansion, with the arrival of several African countries in particular; and the development of a new currency to be used for cross-border trade by the BRICS nations, which may be seen a push for de-dollarization. De-dollarization’s moment […]

Asia Business Emerging Markets Headlines International Morocco

Morocco-UAE Economic Commission holds first ministerial session in Rabat

The Morocco-UAE Joint Economic Commission held its first ministerial session In Rabat this Thursday, under the chairmanship of Minister of Economy and Finance Nadia Fettah and her Emirati counterpart Abdullah bin Touq Al Marri. In an address at the opening of the session, Mrs. Fettah welcomed the level of distinguished relations between the two brotherly […]

Asia Community Headlines International Morocco

UN Security Council: Islamic & Arab Groups, NAM Commend Moroccan King’s support for Palestinian cause

The Groups of the Organization of Islamic Cooperation (OIC) and Arab States at the UN, as well as the Non-Aligned Movement (NAM), highlighted, Tuesday in New York, the tireless efforts made by King Mohammed VI, in his capacity as Chairman of the Al-Quds Committee, for the Palestinian cause. At a high-level Security Council debate on […]

Africa Americas Asia Headlines International Morocco

Washington: Morocco, U.S. Key partner in countering violent extremism & ISIS terror threat

Morocco is “a critical partner” of the U.S. in countering violent extremism and terror threat in the Sahel and across Africa, said on Monday Ms. Dana Stroul, deputy Assistant Secretary of Defense. Speaking at a special online briefing with Major General Matthew McFarlane, Commander of Combined Joint Task Force – Operation Inherent Resolve, Ms. Stroul […]