Algeria Asia Columns Features Headlines International Morocco

Algiers accuses UAE of hostile acts without offering evidence

Algeria’s conspiracy theorists continue on a ridiculous trajectory taking aim this time at the UAE, whom they accused of hostile acts including supplying spy technology to Morocco and working together with Israel in the region. The Algerian military junta used Al khabar newspaper as a mouthpiece this time to spread the uncorroborated accusation against Abu […]

Asia Business Emerging Markets Headlines International Morocco

Morocco/Israel: Direct flights between Tel-Aviv & Essaouira in September

Israeli Arkia Airline Company will operate direct flights between Tel-Aviv and Essaouira starting next September under an agreement it signed Friday in Salé, near Rabat, with Moroccan National Tourist Office (ONMT). The new direct flight by Arkia Airlines will have a total capacity of 11,000 seats. Commenting the deal, ONMT Chief, Adel El Fakir, stressed […]

Asia Business Egypt Emerging Markets Headlines International

Egypt’s Central Bank, Vietnam’s SBV ink MoU to boost cooperation

The Central Bank of Egypt (CBE) has signed a memorandum of understanding (MoU) with the State Bank of Vietnam (SBV) to bolster joint cooperation, the office of Egyptian Prime Minister Mustafa Madbouly said in a statement, on Thursday July 27. Madbouly and his Vietnamese counterpart Tran Lu Quang witnessed the deal signed in the Egyptian […]

Asia Headlines International Morocco

Morocco condemns certain Israeli officials’ persistent incursions into Al Aqsa Mosque

Morocco has condemned the persistence of incursions by certain Israeli officials into the Al Aqsa Mosque and its esplanade with the participation of some extremists among their supporters and called for the preservation of the legal and historical status of the city of Al-Quds and the Al-Aqsa Mosque. Morocco, whose Sovereign chairs the Al Quds […]

Asia Business Emerging Markets Headlines International Morocco

Indian HCLTech sets up a Global Delivery Center in Morocco

Indian multinational information technology services and consulting company HCLTech launched a Global Delivery Center (GDC) in Rabat, Morocco, as part of the company’s nearshore strategy to serve global enterprises, announced HCLTech this week. The company said that the launch follows the signing of a memorandum of understanding between HCLTech and the government of Morocco in […]

Asia Emerging Markets Headlines International Morocco

Preservation of Judeo-Moroccan heritage: Moroccan, Israeli archives institutions sign MoU

The Archives of Morocco and the Archives of Israel signed, on Wednesday in Rabat, a memorandum of understanding (MoU) aimed at preserving the Jewish-Moroccan memory and heritage. The MoU, initialed by the director of Morocco’s Archives, Jamaa Baida, and the head of Israel’s Archives, Ruth Avramovitz, who is visiting the Kingdom, will allow to enrich […]

Africa Asia Finance Headlines International

AfDB enters new $1 billion exposure exchange with the Asian Development Bank

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]

Africa Americas Asia Energy Headlines International

Africa’s potential to boost US companies’ supply chain security — trade expert

As China levies export controls on two critical minerals, gallium and geranium, from August, for US industry dependent upon reliable supply chains, Africa represents a key opportunity for American interests, according to Ned Rauch-Mannino, a former co-chair for the White House’s Prosper Africa initiative. The restrictions imposed on access to these two critical minerals mark […]

Asia Business Finance Headlines International Tunisia

Saudi Arabia to provide Tunisia $500m as soft loan and grant

Saudi Arabia will give Tunisia $500 million as a soft loan and a grant to help improve its public finances with the national budget suffering a $2-billion deficit,  the Saudi state-run news Agency SPA reports. Tunisia is facing an acute economic crisis compounded by the pandemic coupled with a tense domestic political crisis. The North […]

Africa Asia Energy Features Headlines International

DR Congo, UAE sign $1.9bln mining deal

The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]