Asia Features Headlines International

Sudan govt scraps $6bn Red Sea port deal with UAE

Sudan has cancelled a $6 billion deal with the United Arab Emirates (UAE) to develop a Red Sea port, in an apparent protest against Abu Dhabi’s alleged support for the Rapid Support Forces (RSF), the paramilitary group engaged in the country’s ongoing bloody conflict. Sudan’s Finance Minister Gibril Ibrahim said on Sunday (3 November) his […]

Asia Business Emerging Markets Headlines International Morocco

Automotive: Morocco, leading exporter to Europe, outperforming China in 2023

Morocco has become the largest automotive exporter to the European Union. With a robust growth trajectory in finished vehicle production, the country’s trade with Europe is set to further expand in the coming years, said London-based magazine “Automotive Logistics”. In 2023, Morocco’s automotive exports to the EU saw a substantial increase, reaching a value of […]

Asia Culture Headlines International Morocco

Dar Al Maghreb Pavilion in Doha inaugurated by Princess Lalla Hasnaa, Sheikha Al Mayassa Bint Hamad Al-Thani

Princess Lalla Hasnaa, accompanied by Sheikha Al Mayassa Bint Hamad Al-Thani, inaugurated, on Friday in Doha, Morocco’s “Dar Al Maghreb” pavilion, a space dedicated to Moroccan culture and history, set up to mark the Qatar-Morocco 2024 Year of Culture. The pavilion, focal point of this cultural event that celebrates the exceptional relationship between Morocco and […]

Asia Business Energy Headlines International Morocco

Gotion Power Morocco partners with Acwa power in $800mln wind project

Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]

Africa Asia Emerging Markets Headlines International Morocco

Marrakech Air Show 2024: Moroccan military cooperation discussed with UAE, Cape Verde

Moroccan military and defense cooperation with the United Arab Emirates and Cape Verde was discussed on the sidelines of Marrakech Air Show 2024 held October 30 through November 2. In this connection, Inspector General of the FAR and Commander of the South Zone, Lieutenant General Mohammed Berrid, held separate meetings Thursday with Chief of Staff […]

Africa Asia Emerging Markets Finance Headlines International

Saudi Arabia pledges $41 bln investment in Africa over next decade

Saudi Arabia promised $41 billion worth of investments in Sub-Saharan Africa, Saudi finance minister Mohammed bin Abdullah Al-Jadaan said. The investments include a $1 billion development program for Africa, $5 billion for startups from the Saudi Development Fund over the next decade, and $10 billion in financing from the Saudi Export-Import Bank. Additionally, private sector […]

Asia Headlines International Morocco

Morocco, Saudi Arabia resolved to upgrade military & defense cooperation

Morocco and Saudi Arabia have both voiced their resolve to upgrade their cooperation in the defense and security fields and to explore new prospects for this cooperation. This came during the visit Chief of the General Staff of the Saudi Armed Forces First Lieutenant General Fayyad bin Hamed Al-Ruwaili is paying to Morocco October 28 […]

Africa Asia Emerging Markets Headlines International Morocco

Fashion Trust Arabia Gala Dinner held in Marrakech

The gala dinner of the Fashion Trust Arabia was held Thursday evening in Marrakech under the chairmanship of Morocco’s Princess Lalla Hasnaa and Qatar’s Sheikha Al Mayassa bint Hamad Al Thani. The event, organized as part of the Qatar-Morocco 2024 Year of Culture, featured a photos exhibition by Tala Hadid, and the screening of a […]

Asia Europe Finance Headlines International

International Conference on Lebanon raises $1Bln

One billion dollars has been raised for Lebanon and its army at the International Conference in Support of Lebanon’s People and Sovereignty held in Paris, French diplomacy announced on Thursday. “In the face of the war’s toll, participants responded to the United Nations’ appeal and announced $1 billion in aid, including $800 million in humanitarian […]

Asia Europe Headlines International Morocco

Paris Conference: Morocco stresses need to respect Lebanon’s sovereignty & territorial integrity, to establish full ceasefire

Morocco has called for a full ceasefire in Lebanon and for the respect of the country’s sovereignty, territorial integrity, and the dignity of its citizens. Lebanon “cannot and must not continue to bear the burden of conflicts that are playing out elsewhere, under the shadow of regional agendas, which have left it drained,” said Morocco’s […]