Asia Emerging Markets Headlines International Morocco

Bali to host 8th Hassan II Great World Water Prize on May 18, 2024

The 8th Hassan II Great World Water Prize will be held on May 18, 2024 in Bali, Indonesia, under the theme “Water resource security for food sovereignty and shared prosperity,” the Ministry of Equipment and Water said. Created in 2002 and awarded for the first time at the 3rd World Water Forum in Kyoto, Japan, […]

Asia Business Emerging Markets Headlines International Morocco

China’s Huayou mulls $20 bln EV battery investment in Morocco’s Sahara

Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced. A delegation of the Chinese group visited the region where officials introduced competitive attractions to help the company export […]

Asia Emerging Markets Headlines International Morocco

Morocco warns against the terrorism-separatism nexus before ASEAN Inter-Parliamentary Assembly

Morocco has warned against the terrorism-separatism nexus before the 44th ASEAN Inter-Parliamentary Assembly currently held in Jakarta saying this nexus threatens the territorial integrity of States. The alarm was sounded by Rachid Talbi Alami, Speaker of the Moroccan House of Representatives, which is participating in this conference in its capacity as an observer member of […]

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UAE leads investment charge into lucrative African market

The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]

Asia Headlines International Morocco

King Mohammed VI sends written message to Emir of Qatar

King Mohammed VI has sent a written message to Emir of Qatar Sheikh Tamim bin Hamad Al Thani. The message focuses on ways to strengthen and develop bilateral relations between the two brotherly countries, reports the Qatari News Agency, QNA. Sheikh Abdullah bin Hamad Al Thani, Deputy Emir of the State of Qatar, received the […]

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Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]

Asia Headlines International Morocco

King Mohammed VI addresses written message to Crown Prince of Saudi Arabia

King Mohammed VI has sent a written message to his brother Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince of Saudi Arabia and Chairman of the Council of Ministers. The message focuses on the strong bilateral relations between the two countries and the two brotherly peoples, and on ways of strengthening and consolidating […]

Asia Business Emerging Markets Headlines International Morocco

China’s Sentury to launch construction works of Morocco’s first tire plant this August

Sentury Tire, a Chinese tire manufacturing giant, will build a first Morocco tire facility in the North of the country, 35 km from Tanger-Med port, Africa’s largest container port which handles over half of all cargo going through Moroccan ports. The deal okaying the plant breaking ground and operationalization was signed by the company’s manager […]

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Bayt Mal Al-Quds Asharif Agency to empower city’s families through small-scale productive projects

Rabat-based Bayt Mal Al-Quds Asharif Agency will support and empower Al-Quds families through small-scale productive projects under an agreement signed Wednesday with Al-Quds Governorate. The agreement, which was initialed by the Agency’s Coordinator of Programs and Projects in Al-Quds, Ismail Ramli, and the Vice Governor of Al-Quds, Abdellah Sayyam, aims to support and empower families […]

Asia Emerging Markets Headlines International Morocco

Tourism: ONMT partners with Wego to promote Moroccan destination

Moroccan National Tourism Office has partnered with Wego, a leading online travel marketplace in the Middle East and North Africa (MENA), to promote the Moroccan destination, offering travelers unforgettable holiday experiences thanks to its captivating landscapes, rich heritage and warm hospitality. Mamoun Hmedan, Wego Chief Commercial Director, said: “We are excited to embark our partnership […]