Asia Headlines International Morocco

Gaza: Morocco welcomes truce agreement with satisfaction, stresses necessity of establishing a Palestinian State

The Kingdom of Morocco has expressed satisfaction on Thursday, November 23, 2023, following the agreement establishing a ceasefire in Gaza between Israel and the Palestinian movement Hamas, starting from Friday, as well as the release of some hostages and Palestinian prisoners. The statement was made by Minister of Foreign Affairs, Nasser Bourita, during a joint […]

Asia Business Egypt Emerging Markets Headlines International

Egypt, Bahrain sign multiple agreements to boost cooperation

Egypt and Bahrain Thursday inked 13 memorandum of understanding for bilateral cooperation and agreed on 15 initiatives, in many areas, as part of moves to boost cooperation between the two countries. The deals signing took place during the first meeting of the Egyptian-Bahraini governmental committee for trade, economic, scientific, and technological cooperation, headed by Egyptian […]

Asia Business Emerging Markets Headlines International Morocco

China’s Citic Dicastal expands automotive investments in Morocco

China’s car parts maker Citic Dicastal opened its third factory in Morocco in Kenitra worth 180 million euros to manufacture aluminum chassis parts. The new factory spans over 20,000 square meters and employs 1000 people. It has an annual production capacity of 5 million units, of which 90% will be exported to Europe. This plant […]

Asia Headlines International Maghreb Morocco

Arab and Maghreban military medical leaders & professionals gathered in Marrakesh to trade experiences

High-ranking military medical leaders and professionals from the Maghreb and the Arab world are meeting in Marrakesh to discuss cooperation ties and exchange experiences to counter current and future common challenges. The four-day event, which opened Wednesday, is organized by the Royal Armed Forces Health Service under the aegis of the International Committee of Military […]

Asia Business Emerging Markets Energy Headlines International Morocco

Morocco’s Managem teams up with China Electronics Corporation on Cobalt project

Reminex SA, a subsidiary of Morocco’s largest mining company Managem, signed a partnership agreement with global engineering company China Electronics Corporation on a cobalt sulfate factory. “This strategic and know-how sharing partnership represents a major opportunity to build an industrial cluster and contribute to the Moroccan-Chinese alliance,” Reminex said in a statement. The new plant […]

Asia Emerging Markets Finance Headlines International Mauritania

UAE mulls plans to build scientific University in Mauritania to meet domestic labor market demands

United Arab Emirates (UAE) are planning to build a scientific University in Mauritania’s capital of Nouakchott to meet the demands of the local job market, the minister of Education of the Gulf country Ahmed Belhoul Al-Falasi has announced. The future University will be located in the East of the capital and will stretch over 23,377m2. […]

Asia Business Emerging Markets Headlines International Libya

Libya-China: Harbour Company to conduct study of potential investments in Libyan infrastructure projects

Beijing-based China Harbour Company, a subsidiary of China Communications Construction Company, has been tasked to conduct studies of potential investments in infrastructure projects in Libya, under a Memorandum of Understanding (MoU) with Misurata Free Zone (MFZ). The deal was signed on the sidelines of the North African International Conference and Exhibition for Ports and Free […]

Africa Asia Headlines International

CAR: Four Chinese abducted in Lamy-Pont

Four Chinese gold miners have been kidnapped in Lamy-Pont, a village in Central African Republic (CAR), near the town of Abba, in Nana-Mambéré sub prefecture where three Chinese were also abducted in March 2023. The incident occurred Saturday Novembr 18, during a clash between armed forced and a group of unidentified armed men who attacked […]

Asia Emerging Markets Headlines International Morocco

Morocco, UAE upgrade cooperation in fight against terrorism financing, weapons proliferation

Morocco’s National Commission for the Implementation of Sanctions Imposed by UN Security Council Resolutions on Terrorism, Arms Proliferation and their Financing (CNASNU), and the Executive Office for Control and Non-Proliferation of the United Arab Emirates (UAE), signed a Memorandum of Understanding (MoU) in Dubai on Thursday, to strengthen and develop means of cooperation and partnership […]