Asia Headlines International Morocco

Huawei Ready to Cooperate with Moroccan Partners to Launch 5G Network

The Chinese multinational telecommunications equipment and services company Huawei is ready to cooperate with its Moroccan partners to launch the 5G network, Huawei vice-president for North-Africa, Philippe Wang, said Monday in Beijing. Philippe Wang who was talking to a Moroccan delegation on a visit to a Huawei service center in Beijing said his company was […]

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Romania: Morocco’s OCP to Create Joint Fertilizer Company with Emirati Al Dahra

Office chérifien des phosphates (OCP), Morocco’s phosphate group, will soon open a fertilizer company in Romania in conjunction with Al Dahra, an Emirati multinational agribusiness group, reports say. OCP and al Dahra will set up South East European Fertilizer Company (SEEFCO) with a capital estimated at $5 billion. The Moroccan government’s approval of the operation, […]

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Turkey to Conduct Mineral Exploration Activities in Niger

The Turkish General Directorate of Mineral Research and Exploration (MTA) will carry out mineral exploration activities in Niger under a cooperation agreement between the two countries signed Monday. Exploration activities will take place in the West African country’s geochemistry, geophysics and drilling projects, said Energy and Natural Resources Minister Fatih Dönmez who signed the agreement […]

Asia Headlines International Maghreb Morocco

Morocco, 12 pacific countries to hold ministerial meeting in Laayoune on Feb 22

The biggest city in the Sahara, southern Morocco, will be a venue on February 22 of a meeting bringing together foreign ministers of Morocco and 12 pacific countries. The meeting ushers a new era of support for Morocco’s territorial sovereignty, Foreign minister said after announcing the event. The participating countries will explore means to boost […]

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New Tension between Turkey & Egypt over Detention of Anadolu Staff Members in Cairo

Egypt’s police raided the Cairo office of Anadolu news agency, AA, and arrested four staff members amid growing tensions between the two countries. AA in a statement said security forces stormed the office on Tuesday evening, cut off the internet and shut down the security camera. On Wednesday, they seized the staff passports, mobile phones, […]

Asia Business Headlines International Morocco

Morocco Wants a New Trade Deal with Turkey before January 30

Morocco’s trade minister Moulay Hafid Elalamy said that the Kingdom and Turkey have started negotiations to review some provisions to make their Free Trade Agreement more balanced. He said Morocco loses 2 billion dollars annually in trade with Turkey, adding that the two parties have agreed to reconsider the agreement in order to make it […]

Asia Business Headlines International Morocco

Automotive: Korean HANDS Corp. Opens €400 million worth Plant in Tangier

Korean HANDS Corporation, aluminum wheel manufacturer, opened on Tuesday a plant in Tangier, its first production site in Africa, enhancing Morocco’s automotive cluster, which is attracting a growing number of investors in this highly competitive industry. The Korean group has invested over ‎€400 million in its Moroccan factory to create up to 1600 jobs.   […]

Asia Business Headlines International Morocco

Rabat & Amman Set up Business Council to Bolster Economic Partnership

Moroccan and Jordanian business communities have decided to set up a joint council to boost economic and commercial cooperation between the two countries. The agreement was sealed lately in Amman between Morocco’s Employers Union (CGEM) and Jordanian businessmen Association (JBA), on the sidelines of the Morocco-Jordan Investment Forum. The two sides agreed to exchange data […]

Asia Business Headlines International Morocco

Morocco Loses up to $2 Billion in Trade Imbalance with Turkey

Morocco’s trade minister Moulay Hafid Elalamy reiterated the need for a review of the trade agreement with Turkey whose imbalances cost Morocco $2 billion annually. Speaking to MPs, Elalamy said that Morocco may scrap the deal if no agreement is reached to redress the dysfunctions. While praising the benefits of the free trade deals signed […]

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Morocco: RAM to Inaugurate First Beijing Direct Flight Thursday

Morocco’s national carrier Royal Air Maroc, RAM, will launch Thursday, Jan. 16, its first direct flight from Casablanca to Beijing, China. The route will be served by B787-9 Dreamliner, of 302 seats including 26 in business class. The flight to depart from the Mohammed V airport in Casablanca will take 13 hours to reach the […]