Asia Finance Headlines Mauritania

Mauritania and China Sign Agreement on Partial Debt Cancellation

Mauritania and China have signed a MoU in Nouakchott on 29 June for the partial cancellation of Mauritania’s debt, marking a fresh step in bilateral economic cooperation. The agreement was signed by Mauritanian Minister of Economic Affairs and Development Abdallahy Ould Souleymane Ould Cheikh Sidiya and Chinese Ambassador Tang Zhongdong. Speaking at the ceremony, the […]

Asia Emerging Markets Headlines Morocco

IMF and UM6P Urge New Growth Model for Middle East and North Africa

The Middle East and North Africa (MENA) region should treat its current wave of geopolitical, economic, and technological shocks as an opportunity to rethink growth models and accelerate structural reforms, according to Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia department. Speaking Monday in Rabat at the opening of the […]

Asia Business Headlines Morocco

Morocco & China Customs Agree to Facilitate Procedures to Boost Economic Cooperation & Trade Exchanges

Moroccan and Chinese Customs administrations have signed lately three cooperation agreements to enhance further trade exchanges and economic ties between the two countries. They agreed to provide mutual administrative assistance and recognize the two countries’ Authorized Economic Operator (AEO) program, an international certification proving that a business customs controls comply with rules and standards set […]

Asia Business Headlines Morocco

OCP Nutricrops renews phosphate fertilizer supply deal with Bangladesh

OCP Nutricrops, the fertilizer arm of Morocco’s OCP Group, has renewed its annual agreement with Bangladesh’s state-run Bangladesh Agricultural Development Corporation (BADC) to supply phosphate-based fertilizers for the 2026-2027 crop season, the company said. Under the deal, OCP Nutricrops will deliver up to 1.3 million tonnes of phosphate fertilizers, including as much as 750,000 tonnes […]

Asia Headlines Libya

Libya and India Move to Strengthen Ties

Libya’s Acting Minister of Foreign Affairs and International Cooperation, Taher Al-Baour, held talks, in Tripoli on Sunday, with an Indian delegation led by the Assistant Secretary of the Ministry of External Affairs for West Asia and North Africa on deepening bilateral cooperation and reactivating the Libyan-Indian Joint Committee. Discussions focused on expanding collaboration across political, […]

Africa Asia Finance Headlines

China Cancels $50 Million of Sudan’s Debt as Economic Crisis Deepens

Sudan and China signed an agreement on Sunday, June 28, 2026, to cancel a portion of Khartoum’s bilateral debt in a move aimed at strengthening strategic cooperation as Sudan continues to grapple with a severe economic collapse driven by prolonged conflict. The agreement, announced by Sudan’s Finance ministry, covers the cancellation of four interest-free loans […]

Asia Headlines Morocco

Bayt Mal Al-Quds Agency Donates Sports Equipment to African Community Association in Holy City

The Rabat-based Bayt Mal Al-Quds Asharif Agency, the financial arm of Al-Quds Committee chaired by King Mohammed VI, presented various sports equipment to the African Community Association Club on Saturday in the Old City of Al-Quds, as part of its program to support community organizations, on the eve of the launch of the 2026 summer […]

Asia Culture Headlines Morocco

China Celebrates Moroccan Caftan, Craftsmanship, Culture & Heritage

The China National Silk Museum is hosting “The Moroccan Caftan: A Living National Heritage” exhibition from June 24 to September 23. The event, organized by the Moroccan Ministry of Culture and the Moroccan Embassy in China, is the most comprehensive showcase of Moroccan sartorial art ever held in China. Situated at the crossroads of Africa, […]

Asia Headlines Morocco

Morocco Hands Over Fugitive Insurance CEO to Indonesia in High-Profile Extradition

Morocco has extradited Michael Steven, the chief executive of Indonesian insurance company Kresna Life, to Jakarta following his arrest on Moroccan territory in March 2026 pursuant to an Interpol arrest warrant. The handover to Indonesian police took place on 20 June, two days after Morocco formally approved the extradition on 12 June. Steven was named […]

Asia Headlines International Morocco

Morocco Joins International Stabilization Force for Gaza, Spearheaded by Board of Peace

Morocco, founding member of the U.S.-led Board of Peace, has reportedly joined the International Stabilization Force for Gaza (ISF) honoring its commitment made in February to deploy police officers and military personnel to the Gaza Strip. In a post published Tuesday on its X account, ISF “has welcomed its newest members from the Royal Moroccan […]