Asia Finance Headlines International Morocco

Bayt Mal Al-Quds Agency invests $4.2 Million in 2024 to support projects in Palestine

Bayt Mal Al-Quds Agency, the executive arm of the Al-Quds Committee, Chaired by King Mohammed VI, invested $4.2 million in 2024 in projects and programs supporting the Palestinian people. According to the Agency’s 2024 annual report, the implemented projects were distributed across various sectors, with 31% allocated to social assistance programs, 19% to arts, heritage, […]

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King-championed social state initiative highlighted in Manama

The broadlines of the social state initiative championed by Morocco’s King Mohammed VI were highlighted before the 44th session of the Council of Arab Ministers of Social Affairs, organized by the Arab League in Manama, Bahrain. Morocco’s Secretary of State in charge of Social Integration, Abdeljabbar Rachidi, who presented the initiative explained that it aims […]

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Civil Aviation: Rabat hosts 29th ACAO General Assembly’s extraordinary session

The General Assembly of the Arab Civil Aviation Organization (ACAO) held its 29th extraordinary session in Rabat on Wednesday, with the participation of the organization’s 22 member states. The session of the ACAO’s General Assebly was devoted to examining the extension of the current director’s mandate for a third term and expanding the executive council […]

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UAE, first investor in Africa

The UAE companies topped the list of investors in the African continent, pledging projects worth 110 billion dollars between 2019 and 2023, the Financial Times reported. Most of the investments, or 72 billion dollars, went to renewable energy projects, FT said. These investments outweighed those announced by UK, France or China. UAE companies also have […]

Asia Emerging Markets Headlines International Morocco

Iraq reiterates support for Morocco’s territorial integrity

Iraq reiterates support for Morocco’s territorial integrity Iraq has reiterated, through the voice of its National Security Advisor Qassem Al-Araji, its support for Morocco’s territorial integrity. Iraq’s National Security Advisor, who is leading a high-level delegation on a working visit to Morocco, made the remarks at a press briefing in Rabat Monday following his talks […]

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Grand Mufti of Al-Quds commends Morocco’s support to Palestinian People

The Grand Mufti of Al-Quds and the Palestinian territories, the Imam of Al-Aqsa Mosque, Sheikh Muhammed Hussein, commended on Sunday in Ramallah, Morocco’s support to the Palestinian people, under the leadership of King Mohammed VI, Chairman of the Al-Quds Committee. Sheikh Muhammed Hussein, who was received by Morocco’s ambassador to Palestine, Abderrahim Meziane, paid tribute […]

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RAM seals resumption of Casablanca-Beijing route with 16 agreements

In anticipation of resuming the direct Casablanca-Beijing route on January 20, 2025, Morocco’s carrier Royal Air Maroc (RAM) inked 16 agreements with leading Chinese travel agencies, specializing in Morocco as a destination, during a ceremony held in Beijing. The agreements were initialed by RAM’s MENA & Asia Director Abderrahman Brahimi and RAM’s representative in China […]

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UAE assures US not to arm Sudan’s paramilitary RSF as civil war continues unabated

The United Arab Emirates (UAE) has reportedly assured the United States that it will not supply arms to Sudan’s paramilitary Rapid Support Forces (RSF), as the north-east African country continues to be ravaged by a bloody civil war. The UAE has reportedly told the US it has cut off weapons supply to the paramilitary forces […]

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China grants Moroccan scientist Rachid Yazami lithium batteries patent

Moroccan scientist Rachid Yazami has recently been granted a new patent in China for his method of rapidly charging lithium batteries, particularly for electric vehicles. “Proud to share that after Japan last February, it’s now China’s turn to grant us a patent for the fast battery charging method, particularly for future electric cars,” Yazami posted […]

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DCO: Morocco among 15 Countries to launch initiative to promote online content integrity

Fifteen member states of the Digital Cooperation Organization (DCO), including Morocco, have unveiled a strategic multilateral initiative aimed at promoting online content integrity, which was announced during the United Nations Internet Governance Forum, taking place December 15-19 in Saudi Arabia. Morocco is represented at the forum by Amal El Fallah Seghrouchni, Minister in charge of […]