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Qatar, Egypt consider launching joint investment fund

Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of a set of agreements between the two countries to abolish double taxation aimed at boosting investments from the gas-rich Gulf state in Egypt. Saeed did not provide details about the […]

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Boston Herald: Iranian drones deployed in North Africa pose threat to Morocco

The Iranian drones, which are being deployed in North Africa, are posing a direct threat to Morocco, said American daily Boston Herald, noting that Moroccan diplomats are actively raising the issue with Western governments. In an Op-Ed published lately, columnist Llewellyn King said that the Mullah regime, in collusion with Algeria, is supplying the Polisario […]

Asia Headlines International Morocco

Morocco reaffirms unwavering support to Palestinian cause

Moroccan government has reiterated its strong supportive stand to the Palestinian cause, the two-state solution and the establishment of a Palestinian state on the basis of the 1967 borders with East Al-Quds as its capital. Morocco’s “clear and constant” position has been expressed by Foreign Minister Nasser Bourita at a meeting held Monday in Rabat […]

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Egypt, Qatar ink agreement to eliminate double taxation on income

Qatar and Egypt signed Monday in Doha a deal to remove double taxation on income, and prevent tax invasion and avoidance, the Egyptian government announced in a statement. The agreement includes detailed provisions for the taxation rules and conditions by both countries, to prevent tax duplication, with respect to taxes on income from non-transferable assets, […]

Asia Business Headlines International Morocco

Morocco to share its experiences with Palestine in social protection & training

Morocco has agreed to share its experiences with Palestine in social services provided to vulnerable people to ensure inclusive development and social peace. An agreement was inked Monday in Rabat by Moroccan minister of Solidarity, Social Integration & Family, Mrs. Awatif Hayar and Palestinian minister of Social Development Ahmed Majdalani. Under the deal, Morocco pledges […]

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Arab Inter-Parliamentary Union reiterates rejection of EP’s tutelage, arrogant approach towards many Arab countries

The Arab Inter-Parliamentary Union reiterated its rejection of the approach of tutelage and arrogance that the European Parliament (EP) is trying to adopt towards many independent and sovereign Arab countries in order to interfere in their internal affairs and impose its tutelage on them, directly or indirectly. During its 34th conference, held in Baghdad February […]

Asia Headlines International Morocco

Arab Inter-Parliamentary Union commends Moroccan King’s tireless, continuous efforts in defending Al Quds

The Arab Inter-Parliamentary Union commended the tireless and continuous efforts exerted by King Mohammed VI, Chairman of the Al-Quds Committee, to defend the Holy City. At its 34th conference, held in the Iraqi capital Baghdad February 25-26, the Union also commended the efforts of Bayt Mal Al-Quds Acharif Agency, under the Al-Quds Committee, to provide […]

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Morocco eyes military gains from restored ties with Israel

Israeli air force commander General Tomer Bar is paying his first official visit to Morocco since the two countries restored ties in 2020, followed by similar visits of top army commanders auguring well for defense cooperation as Rabat seeks state-of-art military technology and investments. The visit features talks with his Moroccan peer General El Abd […]

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Turkish Beko injects $100m in its projected plant in Egypt

Turkish major appliance and consumer electronics brand Beko indicated Thursday it has invested $100 million in the Egyptian market for their plant project. General Manager of Beko Egypt Umit Günel made the announcement in a press release. The company in December laid the foundation stone of its Beko Egypt factory. The plant is set to […]

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Russia rules out firing hypersonic missile during South Africa joint naval exercise

As Russia, China and South Africa have started joint naval drills amid Ukraine war, Moscow said its military will not test-fire a hypersonic missile during the exercises, contradicting earlier reports in Russian state media. A senior Russian naval official told a news conference that the contentiously-timed war games this week would not include Russia’s military […]