Asia Business Columns Emerging Markets Headlines International Letters to the Editor Maghreb Morocco

No legitimacy, no place for pseudo-SADR in Sino-African cooperation mechanisms

The Forum on China-Africa Cooperation (FOCAC), held on June 11 in Changsha, capital of China’s Hunan province, followed on June 12 by the official inauguration of the 4th China-Africa Economic and Trade Expo, once again clearly and unequivocally confirmed that the so-called SADR has no legitimacy or place in Sino-African cooperation mechanisms. Like previous editions […]

Asia Community Headlines International Morocco

Bayt Mal Al-Qods Agency distributes 500 food baskets to most vulnerable families in Gaza

The relief teams of the Ertiqaa Association for Community Development in Gaza completed on Wednesday the distribution of 500 food baskets for the benefit of the most vulnerable families in various regions of the Gaza Strip. This initiative was launched by the Rabat-based Bayt Mal Al-Qods Acharif Agency, the financial branch of Al-Qods Committee chaired […]

Asia Business Emerging Markets Headlines International Morocco

Moroccan business delegation explores South Korean tech ecosystem

A high-level delegation from Morocco’s General Confederation of Enterprises (CGEM) is currently undertaking a strategic mission to Seoul, aiming to strengthen bilateral economic relations and identify new cooperation opportunities with South Korean businesses across multiple industrial sectors. Led by CGEM President Chakib Alj, the delegation comprises companies operating in automotive, plastics, chemical and parachemical industries, […]

Asia Business Emerging Markets Europe Headlines International Morocco Technology

Spain-Morocco Gibraltar undersea tunnel inspires Elon Musk’s Dubai loop

The planned continental tunnel project connecting Spain and Morocco beneath the strait of Gibraltar has inspired American entrepreneur Elon Musk, who aims to develop a similar initiative in the United Arab Emirates called the “Dubai Loop.” According to Spanish media, Musk’s “Dubai Loop” project resembles the tunnel Spain and Morocco plan to build in the […]

Africa Asia Energy Finance Headlines International

China’s ‘clean pivot’ sparks new era in African energy investment

Africa’s energy investment landscape is undergoing a dramatic shift as China’s once-dominant role in fossil fuel infrastructure gives way to diversified, cleaner, and more commercially driven models. According to the International Energy Agency (IEA), Chinese development finance for African energy projects has plummeted by over 85% since 2015, contributing to an overall drop in public […]

Asia Business Egypt Energy Headlines International

Egyptian Petrojet expands regional Ffotprint with $21.76 M LPG project in Jordan

Egyptian engineering firm Petrojet has secured a $21.76 million contract to develop a liquefied petroleum gas (LPG) facility in Jordan, marking a significant step in its regional expansion strategy. This project aligns with Petrojet’s broader objective to enhance its presence in the Middle East, particularly in energy infrastructure development. The company has been actively pursuing […]

Asia Business Emerging Markets Headlines International Morocco

Defense Industry: Morocco & Pakistan to deepen & expand cooperation

Morocco and Pakistan are looking forward to strengthening further cooperation ties in defense industry, technology, and military training as the North African Kingdom is developing its military industry clusters building on its success in the automotive and aeronautics sectors. According to press reports, Rabat and Islamabad are working on a cooperation agreement in military manufacturing, […]

Asia Business Headlines International

IATA cuts 2025 profit forecasts amid economic headwinds

The International Air Transport Association (IATA) downgraded its 2025 projections Monday, forecasting fewer than five billion air trips this year compared to the previously anticipated 5.22 billion, as the aviation sector faces mounting economic uncertainties. During IATA’s annual general assembly in New Delhi, the organization revised industry profit expectations to $36 billion, down $600 million […]

Asia Columns Headlines International Maghreb Morocco

Syrian Authorities confirm closure of premises occupied by polisario separatists in Damascus; reaffirm respect of Morocco’s sovereignty

Syrian authorities have confirmed the closure of the premises occupied by the Algeria-backed polisario separatists in Damascus and reaffirmed their commitment to respecting the Kingdom’s national sovereignty and territorial integrity. This came as a Moroccan technical delegation is visiting Syria to supervise the reopening of Morocco’s embassy in Damascus, as announced by King Mohammed VI […]

Asia Business Emerging Markets Headlines International Morocco

India’s Samta Metals & Alloys invests $70 Mln in recycling plant in Morocco

India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]