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 […]

Asia International

Nuclear Accord: Iran Supreme leader tells citizens not to worry in wake of US sanctions

Iran’s Supreme leader Ayatollah Ali Khamenei in a message on his official website Wednesday called on Iranians not to worry after the U.S. re-imposed economic sanctions on the Islamic Republic as pressure aimed at forcing authorities in Teheran to renegotiate a new nuclear deal that suits the US terms. “With regard to our situation do […]

Americas Asia Features International

Nuclear Deal: First Wave of U.S. Sanctions Hits Iran

The United States Monday unwrapped a first wave of awaited sanctions against Iran as pressure to force the Islamic Republic negotiate a new nuclear deal that suits the terms of conditions of the White House. The new sanctions which came into effect, early minutes of Tuesday target Iran’s access to US banknotes and key industries, […]

Algeria Asia Headlines International

Chinese Workers in Algeria Protest against Unpaid Wages

Chinese workers at GAEA construction company staged a sit-in in Oran to demand the payment of their wages and urged President Abdelaziz Bouteflika to intervene. GAEA has been doing business in Algeria since 2008. It has asked the Algerian development company Chaabane Belazzoug to pay up to $1.6 million, but the company has ignored the […]