Asia Finance Headlines International Morocco

Bayt Mal Al-Quds Agency, Bank of Palestine sign partnership agreement

A partnership and cooperation framework agreement was signed, Monday in Ramallah, between Bayt Mal Al-Quds Asharif Agency and the Bank of Palestine, covering several development areas. The agreement provides for cooperation between the Rabat-based Agency and the Bank to create financing instruments for the benefit of the housing and tourism sectors, in order to achieve […]

Asia Emerging Markets Headlines International Morocco

Sahara: Cambodia expresses support for Morocco’s sovereignty, territorial integrity

Cambodia expressed, Monday from Rabat, its full support to Morocco’s sovereignty and territorial integrity as well as its respect to the Kingdom’s efforts to reach a negotiated political solution to the Sahara issue. This position was expressed in a joint statement issued after talks between Cambodian Deputy PM and Minister of Foreign Affairs, Prak Sokhonn, […]

Africa Asia Business Emerging Markets Finance Headlines International

Burking Faso proposes establishing joint Russia-Africa bank to promote trade

Africa should aim at creating a joint bank with Russia to facilitate financial transactions between both sides and promote trade, according to one of Burkina Faso’s leading political figures. “I think that when it comes to strengthening cooperation with Russia in key areas of the economy, it is very important that we explore the possibility […]

Asia Headlines International Morocco

A Moroccan killed in Doha building collapse

The Moroccan embassy in Qatar has confirmed the death of a Moroccan national after a four-story building collapsed on Wednesday in Doha’s Bin Durham neighborhood. Qatari Interior ministry said the search & rescue teams pulled seven survivors from the rubble, while the one person killed was inside the building at the time of the collapse. […]

Asia Business Egypt International

Chinese company considers $2bn investment in cast-iron pipes, steel industry in Egypt

Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head of the Chinese firm, He Kijo, made the announcement during a meeting with Prime Minister Mustafa Madbouli in Egypt. The project is set to be built on an area of […]

Asia Headlines International Morocco

Palestine: Morocco decries irresponsible & provocative remarks of Israeli Minister

The Moroccan government has condemned the irresponsible and provocative remarks made by Israel’s finance minister Bezalel Smotrich, who claimed there is no such thing as Palestinian history or culture and no such thing as a “Palestinian people.” Commenting this shameful statement made at a conference in France, Moroccan Foreign minister Nasser Bourita said on Wednesday […]

Africa Asia International

CAR: Nine Chinese nationals killed by armed men, China issues a travel warning

Unidentified armed men killed Sunday nine Chinese and wounded two others in the mining town of Bambari, in civil-war hit Central African Republic (CAR). Abel Matchipata, mayor of the town located in the center of the country, told local media that the victims were working in a mining field, for Gold Coast Group. He added […]

Asia Headlines International Morocco

OIC FMs commend Moroccan King’s support for Palestinian Issue

The Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) praised, during its 49th session held in Nouakchott, March 16-17, the commendable efforts made by King Mohammed VI, Chairman of the Al-Quds Committee, in support of the Palestinian cause. The ministers also hailed the role played by Bayt Mal Al-Quds Al-Sharif Agency in […]

Asia Headlines International Morocco

Moroccan, Russian FM discuss bilateral relations, regional & international issues

Moroccan Foreign Minister received, Tuesday, a phone call from his Russian counterpart Sergei Lavrov.   The phone talks focused on the development of bilateral relations in the framework of mutual respect, constructive dialogue and strengthening sectoral cooperation, the Foreign Ministry said in a statement.   The two sides also discussed regional and international issues, the […]

Americas Asia Business Headlines International

Lockheed Martin delivers first F-16 Block 70 fighter jet to Bahrain

The Royal Bahraini Air Force has taken delivery of a first of 16 Lockheed Martin F-16 Block 70 fighter jets in Greenville, S.C., during a ceremony held last week to mark the occasion, reported the website breaking defense, quoting a press release by Lockheed. The first batch of four aircraft are expected to actually arrive […]