Asia Headlines International Maghreb Morocco

Mohammed VI Champions Cup: Olympique de Safi, Raja of casablanca cruise to quarter finals

Morocco placed Saturday two domestic teams for the quarterfinals of the Mohammed VI Champions Cup after Raja Casablanca axed its city rival Wydad, and Olympique de Safi got rid of Tunisia’s legendary Esperance Sportive de Tunis. The Raja Greens levelled the score 4-4, 20 minutes to the final whistle. Raja got through thanks to away […]

Asia Business Headlines International Maghreb Morocco

UAE Developer unveils luxury complex in Rabat, its largest project in Africa

Abu Dhabi-based urban developer IMKAN has unveiled a luxury complex in Rabat: Le Carousel. This project, IMKAN’s largest in Africa is a mixed-use complex located on the Rabat Corniche and will be completed in about 5 years. Just about 15 minutes from downtown and the motorway, this project covers about 10.5 hectares of which 50% […]

Asia Egypt Headlines International Maghreb

Palestine-Egypt: Is flying Palestinian flag in stadium a breach to the law?

Egyptian security forces in plain clothes arrested earlier this week a football fan in a stadium in Cairo for flying the Palestinian flag during a match between Egyptian and South African Olympic teams. The move caused outrage on social media and in the stadium. Ahmed Elbaqry, a former vice president of the Egyptian students’ union, […]

Asia Business Headlines International Tunisia

Japan’s Sumitomo Group to open electronic cable production plant in Tunisia

Japan’s industrial giant Sumitomo Group will launch next year in Tunisia a plant where it will produce cable harnesses for automobile companies in Europe. The plant to be located in Monastir industrial park (NEOPARK), will be erected by Sumitomo Electric Wiring Systems Europe (SEWS-E), the Japanese group’s European subsidiary. The future plant will require investment […]

Americas Asia Headlines International Maghreb Morocco

Morocco Takes Part in Meeting of the Global Coalition to Defeat ISIS

Morocco, one of the major international players in counterterrorism, took part in the extraordinary meeting of the Global Coalition to Defeat ISIS held Thursday in Washington to discuss next steps in the joint campaign to degrade and defeat ISIS. The gathering, which was opened by Secretary of State Mike Pompeo, comes following the death of […]

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 […]