Asia Finance Headlines International Morocco

Morocco’s Finance Minister Selected Chairman of IDB Board of Governors

Morocco’s Economy and Finance Minister Mohamed Boussaid was selected Chairman of the Board of Governors of the Jeddah-based Islamic Development Bank Group (IDB) for a year. The tenure will end at the end of the 44th Council meeting, scheduled to take place in Marrakech in April 2019, said a statement from the Finance Ministry. Boussaid […]

Asia Headlines International Morocco

King Mohammed VI Renews Morocco’s Support to Palestinian People

King Mohammed VI has renewed Morocco’s unwavering support to the Palestinian cause and sincere solidarity with the Palestinian people following the carnage perpetrated by the Israeli occupation forces which used live ammunition during peaceful marches staged Friday on the occasion of the 42nd anniversary of Land Day. “Following the painful events of the past two […]

Asia Headlines International Morocco

Palestinian President Commends Morocco’s Steadfast Defense of Al Quds

Palestinian President Mahmoud Abbas commended the support given by King Mohammed VI, and by the Moroccan government and people to the just cause of the Palestinian people on top of which the protection of the status of Al Quds. President Abbas, who received Morocco’s Foreign Minister Nasser Bourita in Ramallah, Tuesday, underscored the key role […]

Asia Headlines International Morocco

Morocco’s King Condemns Missile Strikes against Saudi Arabia as “Despicable Criminal Aggression”

King Mohammed VI has condemned the missile strikes against Saudi Arabia that were fired from Yemeni territory, as a “despicable criminal aggression”. In a message to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King Mohammed VI expressed his “deep sorrow” and “great indignation” and his outright solidarity with the […]

Asia Headlines International Morocco

Morocco’s Foreign Minister Visits Palestine

Morocco’s Foreign Minister Nasser Bourita is expected this Tuesday in Ramallah, where he will meet Palestinian President Mahmoud Abbas before traveling to Amman, for a meeting with Jordan’s King Abdullah II on Wednesday. Bourita told Asharq Al-Awsat that his visit to Palestine comes upon instructions by King Mohammed VI of Morocco, who is also chairman […]

Asia Headlines International Morocco

Russia Backs Morocco’s 2026 World Cup Bid

The Russian football association has officially joined its voice to that of Russia, which promised to vote for Morocco in its bid to host the 2026 World Cup tournament. The Russian support for Morocco’s 2026 World Cup bid was made at a recent press conference at Russia’s Embassy in Rabat by member of the Russian […]

Asia Headlines International Morocco

King Mohammed VI Urges Stronger Ties with Russia following Putin Re-election

King Mohammed VI has congratulated President Putin on his re-election, urging stronger ties between Morocco and Russia. “By re-electing you President of the Russian Federation, the Russian people have renewed their confidence in Your Excellency. It therefore gives me great pleasure to send you my warmest congratulations, together with my best wishes for continued success […]

Asia Headlines International Morocco

Morocco, Qatar Seal 11 Cooperation Agreements

Morocco and Qatar signed 11 cooperation agreements covering education, culture, youth, media, finance, banking, housing, training, handicrafts and agriculture. The agreements were signed at the end of the seventh Moroccan-Qatari high Joint commission in Rabat under the chairmanship of head of government Saâd Eddine El Othmani and Qatar’s Prime minister and Interior minister Abdullah bin […]

Asia Headlines International Morocco

Qatar Reaffirms Support for Morocco’s Sovereignty over the Sahara

Qatar has reaffirmed its support to Morocco’s sovereignty over the Sahara and underscored that any settlement of the regional dispute over the territory needs to respect the North African country’s sovereignty and territorial integrity. This renewed support came in the joint statement issued Monday in Rabat at the end of the 7th session of the […]

Asia Business Headlines International

IT Spending in MENA Region to hit $155 billion in 2018

IT spending in the Middle East and North Africa (MENA) is projected to boom to $155 billion in 2018, growing 3.4 % from last year, US consultancy Gartner Inc. said. The consultancy said at its annual three-day Symposium ITXPO that spending on software is expected to grow 12.7% in 2018, compared to 10.9% growth in […]