Asia Business Headlines International Morocco

Akhannouch Represents Morocco’s King in Arab-Chinese Summit in Riyadh

Head of Moroccan Govt. Aziz Akhannouch is representing King Mohammed VI in the 1st Arab-Chinese summit to open this Friday in Riyadh, to give a new momentum to economic, scientific and technological partnership between Beijing and Arab countries. The summiteers will also discuss multiform cooperation prospects in various strategic sectors for shared prosperity as well […]

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First Economic Parliamentary Forum for Euro-Mediterranean Region & Gulf held in Marrakech

The first edition (constitutive session) of the Economic Parliamentary Forum for the Euro-Mediterranean Region and Gulf, initiated by Morocco’s House of Advisors and the Parliamentary Assembly of the Mediterranean (PAM), kicked off Wednesday in Marrakech. This high-level meeting, attended by parliamentarians from more than 30 countries as well as government officials, public and private sector […]

Asia Energy Headlines International Morocco

Natural Gas Exploration: Israeli energy company seals offshore deal with Morocco

Israeli NewMed Energy firm announced on Tuesday it has signed a deal with Morocco’s hydrocarbon authority and Adarco Energy for offshore natural gas exploration and production in the north African kingdom. Under the terms of the agreements, NewMed and Adarco will each hold a 37.5 pc stake in the Boujdour Atlantique exploration license, located off […]

Africa Asia International

South Africa resilient to China’s efforts to influence media — Freedom House study

South Africa’s free press has been largely successful at resisting efforts by the Chinese government to influence its content, a recent study by the US-based think tank Freedom House has concluded. The Freedom House report, titled “Beijing’s Global Media Influence 2022,” said South Africans as a whole, including journalists, are highly skeptical of Chinese state […]

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Saudi Arabia eager to join Egypt, Greece bid to host 2030 World Cup

Saudi Arabia is considering making a joint bid to host the 2030 FIFA World Cup along with Egypt and Greece, the kingdom’s Tourism Minister Ahmed Al Khateeb has revealed according to Bloomberg. “We are considering a bid with Greece and Egypt and we wish that it will be a winning bid,” Al Khateeb said in […]

Asia Business Headlines International Morocco

Morocco, China poised to promote trade

Morocco and China signed, Wednesday in Rabat, a memorandum of understanding (MoU) on the creation of a working group for the facilitation and promotion of trade between the two countries. The MoU, signed by Minister of Industry and Trade, Ryad Mezzour and China’s Ambassador to Morocco, Li Changlin, aims to simplify procedures for strengthening trade […]

Asia Headlines International Morocco

Morocco king reiterates support for Palestinians’ right to statehood

King Mohammed VI reaffirmed Morocco’s steady position in support of the legitimate rights of the Palestinian people to an independent state with east Jerusalem as its capital. “I avail myself of this opportunity to reiterate my country’s clear and firm position regarding the justness of the Palestinian cause and the legitimate rights of the Palestinian […]

Africa Asia Energy International

Namibia restores Chinese firm’s lithium export permit despite ongoing corruption investigation

Chinese company’s lithium ore export permit has been restored by Namibia’s mining authority despite an ongoing investigation into alleged corruption. In October, Namibia banned Xinfeng Investments from exporting lithium ore, which is used in the manufacture of electric batteries and related products, until the investigation by the country’s Anti-Corruption Commission (ACC) was finished. But in […]

Africa Asia International

Qatar-based beIN media Group warns against World Cup matches broadcast in Gabon

Qatar-owned beIN MEDIA GROUP has warned against any attempt by whosever to broadcast its channels and FIFA World Cup matches in Gabon. The group issued a statement arguing that it has no partner in Gabon, therefore it will take action against anyone who broadcasts its contents and the World cup expected to kick off in […]

Africa Asia Energy International

China’s Addax exits four Nigerian oil blocks as NNPCL inks asset transfer agreement

Sinopec’s Addax Petroleum Development (Nigeria) Ltd has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company (NNPC) Ltd on Tuesday (1 October) signed a Memorandum of Understanding (MoU) on the Transfer, Settlement and Exit Agreement (TSEA). Addax began operations in Nigeria in 1998 by signing Production Sharing Contracts (PSCs) with […]