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US unveils new multinational naval protection force to stop Houthi attacks in Red Sea

The United States and a host of other nations are creating a new global security force ‘Operation Prosperity Guardian’ to help protect and defend ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired by Iranian-backed Houthi rebels in Yemen, US Defense Secretary Lloyd Austin announced Tuesday (19 December) […]

Asia Emerging Markets Finance Headlines International Mauritania

Saudi Fund, Mauritania ink $40m loan deal

The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment of two educational institutes that are specialized in key sectors of the economy. The deal was signed by SFD CEO Sultan Al-Marshad and Mauritania’s Minister of Economy and Sustainable Development, […]

Asia Business Columns Emerging Markets Europe Headlines International Morocco

Morocco’s hosting of 6th Arab-Russian Forum, an international recognition of the Kingdom’s regional role

The Moroccan city of Marrakesh, which hosted the 2023 WB-IMF Annual Meetings, CAF Awards 2023 and the latest Arab police conference, will host another major event, the Arab-Russian Forum, this December 19-20. The Forum is held under the theme of “the challenge of strengthening Russia’s place in the Arab region and in Africa.” Russian Foreign […]

Asia Headlines International Morocco

Custodian of Holy Mosques sends message to King Mohammed VI

Custodian of the Holy Mosques, King Salman bin Abdulaziz Al-Saud of Saudi Arabia has sent a verbal message to King Mohammed VI. The message was conveyed to Crown Prince Moulay El Hassan this Monday in Rabat by Prince Turki bin Mohammed bin Fahd bin Abdulaziz, Saudi Minister of State and member of the Council of […]

Asia Headlines International Morocco

Prince Moulay Rachid represents Morocco’s King at presentation of condolences following demise of Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah

Prince Moulay Rachid represented, on Monday in Kuwait, King Mohammed VI at the presentation of condolences following the death of Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah. Prince Moulay Rachid presented the King’s condolences during an audience granted to him by the Emir of Kuwait, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah. The audience was attended, on the Kuwaiti […]

Asia Headlines International Morocco

Morocco’s King affirms resolve to pool efforts with the new ruler of Kuwait to strengthen age-old bilateral relations

King Mohammed VI of Morocco has affirmed his firm determination to work together with the Emir of Kuwait, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, to further strengthen the age-old relations binding the two countries elevate them to the level of the aspirations of the two brotherly peoples. This came in the message of congratulations that King […]

Asia Europe Headlines International Morocco

Morocco, Spain vow to endeavor to help halt hostilities in Gaza, achieve peace in the region

Morocco and Spain have vowed to endeavor to help halt hostilities in Gaza, and achieve peace, stability, and prosperity for all peoples in the region. This shared commitment was announced at a joint news briefing held by Spanish and Moroccan Foreign Ministers José Manuel Albares and Nasser Bourita following their talks in Rabat on Thursday. […]

Asia Community Culture Headlines International Mauritania

Qatar sheds spotlight on ancient Mauritanian culture

Doha-based Cultural association Katara Cultural Village is presenting this December 14 – 16 the “Chinguetti Culture Week”, a culture event featuring a series of lectures on various aspects of ancient Mauritanian culture as well as a display of traditional Mauritanian dress and other artifacts and exhibits, The Peninsula Qatar reports. The Mauritanian Community Office in […]

Asia Business Finance Headlines International

China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]

Africa Asia Business Emerging Markets Headlines International

China removes tariffs for imports from six other African countries

China’ Customs Tariff Commission announced earlier this week the removal of tariffs for taxable products from six African countries, State-run Xinhua news agency reports. The move aims to embody the spirit of China-Africa friendship and cooperation, and facilitate a high-quality China-Africa community with a shared future, the commission reportedly said. Under the measure to be […]