Algeria Asia Business Headlines International

Algeria Joins Belt and Road Initiative

Algeria is the latest country to join Beijing’s Belt and Road Initiative (BRI). A memorandum of understanding has been signed by officials of the two governments to develop infrastructure and strengthen ties between the two countries through the BRI. According to Algeria Press Service the memorandum was signed by Algerian Foreign Minister Abdelkader Messahel and […]

Asia Business Headlines International Morocco

Chinese Firms Showcase in Beijing their Investment Projects in Morocco

Several Chinese businessmen have discussed in Beijing with Head of Moroccan Government Saadeddine El Othmani their investment projects set for the North African country and reviewed ways to facilitate their implementation to help create jobs within the frame of a “win-win partnership”. The Chinese entrepreneurs met El Othmani on Monday on the sidelines of the […]

Asia Business Headlines International Morocco

Morocco Underscores in China Relevance of its African Policy

Morocco has called for a tripartite cooperation with China benefiting Africa’s social and economic development, one of the end-goals of the Kingdom’s new African policy. “Morocco is ready to work together with its African and Chinese partners to push forward the continent’s social and economic development,” said Minister Delegate for Africa, Mohcine Jazouli. Speaking at […]

Asia Headlines International Morocco

Morocco, Russia Celebrate 60th Anniversary of their Diplomatic Ties

Morocco and Russia are celebrating the 60th anniversary of the establishment of their diplomatic relations. To mark the event, the foreign ministers of the two countries have exchanged letters highlighting the “exemplary” character of their bilateral ties. Morocco’s foreign minister Nasser Bourita and his Russian peer Sergey Lavrov have exchanged letters on this occasion underpinned […]

Asia Headlines International Morocco

King Mohammed VI on Working, Friendship Visit to the UAE

King Mohammed VI started Tuesday a few day working and friendship visit to the United Arab Emirates, a sisterly country bound to Morocco by a large number of diplomatic and economic cooperation agreements, reports the news outlet le360. The Monarch will discuss with the leaders of the United Arab Emirates various bilateral, regional and international […]

Asia Headlines International

Palestine: Israel to push for Economic Relief in West Bank as Road to Peace

Israel is looking to convince the U.S. and the European Union to support economic development of the West Bank as key for peace with Palestinians, Bloomberg reports. Finance Minister and Knesset member, Moshe Kahlon is pushing a plan to build a joint industrial zones, ease movement out of the West Bank and allow the Palestinian […]

Americas Asia Business Headlines International Morocco

Impact of U.S.-Turkey Trade War on Morocco

The trade and financial war currently unfolding between the U.S. and Turkey is opening new opportunities and risks for the Moroccan economy, which has signed free trade agreements with both countries. With Turkey facing a currency crisis, President Donald Trump last week doubled tariffs on imports of steel and aluminum to offset the effects of […]

Asia Finance Headlines International

Kuwait: No Plan to Back Turkish Lira with $1.6bn

Kuwait Monday dismissed reports that it has planned to inject $1.6 billion into the Turkish plummeting Lira which lost 40 per cent of its value against the US dollar amid the ongoing diplomatic crisis between Ankara and Washington. Kuwaiti Finance Minister Nayef Al-Hajraf discussed with his Turkish counterpart Berat Albayrak Turkey’s economic situation on Sunday […]

Asia Egypt Headlines International

Yemen: Egypt Shares Concerns about Insecurity in Red Sea

Egyptian President Fattah al-Sisi Monday told his Yemeni counterpart that Cairo is concerned about insecurity in the Red Sea after Houthi rebels attacked two Saudi oil tankers last month in the Strait of Bab al-Mandab. “We categorically reject that Yemen becomes a foothold for the influence of non-Arab forces, or a platform for security and […]