Africa Asia Europe Finance Headlines International

IsDB & EIB commit $1billion each to co-finance green projects

The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk Summit, hosted in Luxembourg. Together with the European Investment Bank (EIB), IsDB signed a Memorandum of Understanding (MOU) to strengthen cooperation and committed $1 billion each in co-financing green projects through to […]

Asia Headlines International Libya

UN accuses Jordan, Turkey, UAE of violating Libya’s arms embargo

A confidential UN report on Libya states that Jordan, Turkey and the United Arab Emirates have violated the arms embargo. The country’s two strong men – Marshal Haftar and Prime Minister Sarraj – took advantage of the embargo breach. Jordan, Turkey and the United Arab Emirates have violated the arms embargo imposed on Libya since […]

Asia Headlines International Morocco

Moroccan Youssef  Azzouzi, Arab World’s Top Innovator

Moroccan Doctor Youssef  Azzouzi was declared the Arab World’s top innovator in the Grand Final of Stars of Science Season 11 held in Doha for his After months spent building, testing, and developing innovative technology, Youssef  Azzouzi was announced the Arab world’s top innovator for his Flow Modulator Stent, aimed to help congestive heart failure […]

Asia Business Headlines International Maghreb Morocco

Morocco offers Japanese manufacturers a post-Brexit alternative- Asian Review

Thanks to its proximity to Europe, business friendly climate and sound infrastructure, Morocco offers an alternative to Japanese automotive manufacturers in a context marked with Post-Brexit uncertainties, the Asian Review wrote. One of these companies, Sumitomo Corp aims at making of Tangier its entry into African industrial parks at stone’s throw from Europe The Tanger […]

Asia Finance Headlines International Morocco

China’s Export Import Bank taps into Attijariwafa Bank African network with $5 bln

China’s Export Import Bank and the Casablanca-based Attijariwafa Bank will join efforts in a $5 billion bank dedicated to boosting African exports to China and promoting industrial activity in the countries where the Moroccan bank operates. The deal attests to the credibility and large network of Moroccan banks in Africa, as well as Morocco’s efforts […]

Africa Asia Energy Headlines International Morocco

 Morocco & UNIDO Agree to Develop Green Technologies for African Countries

Head of Moroccan Agency for Sustainable Energy (MASEN) Mustapha Bakkoury and Director General of UNIDO LI Yong inked on Tuesday an agreement destined to enhance further cooperation between the two sides in clean and sustainable energy. The agreement was signed on the sidelines of the 18th UNIDO General Conference currently convened in Abu Dhabi, UAE, […]

Asia Headlines International

Kuwait appoints first ever envoy to Palestine

Kuwait has named for the first time an ambassador to Palestine in a gesture of unshakable support to the Palestinian cause. Media reports, citing Palestine’s envoy to the Gulf country Rami Tahboub, indicate that Aziz al-Daihani has been appointed as Kuwait’s non-resident ambassador to Palestine. The appointment came following talks between Sheikh Sabah al-Ahmed and […]

Asia Headlines International Morocco

Morocco and Indonesia foster bilateral ties with four cooperation agreements

Morocco and Indonesia cemented their ties with four cooperation agreements covering fisheries, industry, counterterrorism and sharing financial intelligence on money laundering and terrorism funding. The agreements reflect a strong willingness to foster ties through concrete agreements to promote economic ties, said Foreign Minister Nasser Bourita. Bourita added that the agreements pave the way for underlining […]

Asia Headlines International

Kuwait’s Emir calls for settling “unacceptable & damaging” Gulf dispute

The Emir of Kuwait has called for the settlement of the Gulf dispute that he described as “unacceptable” and “damaging”. Addressing the opening session of parliament’s new term on tuesday, Sheikh Sabah al-Ahmad Al-Sabah said the damaging 30-month-old dispute between Qatar and its Gulf neighbors “is no longer acceptable” and must be resolved. The Gulf […]

Asia Headlines International Maghreb Morocco

Sahara: Jakarta Backs UN Efforts Seeking Lasting Political Solution

The Indonesian government has renewed its firm backing to the efforts engaged by the United Nations for reaching an enduring political solution to the Sahara issue. This supportive stand to Morocco’s territorial integrity was voiced Monday in Jakarta by Indonesia foreign minister Mrs Retno Marsudi at a meeting held with Moroccan peer Nasser Bourita. The […]