Asia Business Headlines International Morocco

Automotive: Japanese Sumitomo moves production to Morocco due to Russia-Ukraine war

Japanese Sumitomo Electric Industries has decided to move its production of automotive wire harnesses to Morocco and Romania due to the Russian-Ukraine war and heightened risks in this European zone. The decision was reported Monday by Japanese financial newspaper Nikkei, saying the move will enable the manufacturer of electric wire and optical fiber cables to […]

Asia Headlines International Libya Maghreb

Haftar’s army rubbishes Ukraine’s accusation of sending troops to fight in Russian ranks

The Libyan National Army (LNA), led by East-base strongman Khalifa Haftar, has rejected Ukraine’s claims that the self-style army is sending fighters to combat alongside Russian forces. The Ukrainian Defense Ministry leveled the charges against the LNA saying the Libyan fighters will be flown aboard Russian air force planes, Libya Observer had reported Sunday. The […]

Asia Headlines International Libya

Ukraine accuses Libya’s Haftar of sending troops to Russia

The Ukrainian Defense Ministry has laid into Libyan rebel General Khalifa Haftar for sending fighters to combat alongside Russian forces, Libya Observer reports. The ministry added that the Libyan fighters are expected to be flown aboard Russian air force planes. Haftar who controls much of Libya’s eastern territories has not commented on the accusations but […]

Asia Headlines International Morocco

Sahara: Philippines supports Morocco’s territorial integrity

The Government of Philippines has voiced strong support to Morocco’s territorial integrity and sovereignty over its Sahara, commending the autonomy plan offered by Rabat as “good basis” to finding a political solution to the Sahara regional conflict. “On the Sahara issue, we defend the principle of sovereignty and equality of States as stipulated in the […]

Africa Asia Business Headlines International Morocco

Morocco’s OCP poised to play greater role in global food security

Morocco’s phosphates producer OCP plans to increase its fertilizers output to 11.9 million tons this year, compared with 10.8 million tons last year, as it sees a growing demand from India, the Americas and Africa at a context of market turbulences and higher crop nutrient prices. Russia said it would not export its fertilizers and […]

Asia Business Community Headlines International Morocco

Morocco’s CGEM, Israel’s IEBO sign strategic partnership agreement

The General Confederation of Moroccan Employers (CGEM) and the Israeli Employers and Business Organizations (IEBO) signed, Tuesday in Tel Aviv, a strategic partnership agreement, on the sidelines of the Israel-Morocco Economic Forum. This agreement was concluded by CGEM President Chakib Alj, IEBO President Ron Tomer, and the President of the Federation of Israeli Chambers of […]

Asia Energy International Morocco

Morocco, UAE looking forward to closer energy cooperation

The UAE and Morocco are considering measures to bolster cooperation in the area of energy transition, said UAE industry minister and ADNOC chief Sultan bin Ahmed Al Jaber. Speaking at an energy conference in Rabat Monday, Al Jaber said that the UAE is the first investor in Morocco and areas of investments cover energy transition, […]

Asia Business Headlines International Morocco

Morocco’s RAM, Israeli El Al sign code sharing agreement

Morocco’s flag carrier Royal Air Maroc (RAM) and Israeli carrier El Al signed a code-share agreement in Tel Aviv on Monday. The agreement was signed during a ceremony co-chaired by RAM CEO Hamid Addou and El Al CEO Avigal Soreq, held on the sidelines of RAM’s inaugural flight between Casablanca and Tel Aviv. The code […]

Asia Energy Headlines International Maghreb Morocco

15th Energy Conference of MENA region opens in Rabat; UAE guest of honor

The 15th energy conference of the MENA region opened Monday in Rabat, under the theme “Energy transition: progress report and prospects for 2035”, with the participation of the United Arab Emirates as guest of honor. The conference, held under the High Patronage of King Mohammed VI, brings together Moroccan and foreign institutional personalities who will […]

Asia Business Headlines International Maghreb Morocco

Moroccan carrier RAM operates first flight from Casablanca to Tel Aviv

The Moroccan carrier Royal Air Maroc inaugurated, this Sunday, March 13, 2022, the first direct flight of its regular line linking Casablanca to Tel Aviv. To celebrate this event, a Moroccan delegation made up of economic operators and other personalities were aboard the plane of the inaugural trip to take part in a series of […]