Africa Asia Finance Headlines International

China, Benin ink deal on partial debt cancellation

China and Benin signed a Memorandum of Understanding (MoU) on partial debt cancellation Saturday during the visit of the Chinese top diplomat Qin Gang to the African country. Qin said his visit was to “identify more fields of action”, Africa News reports. “China intends to work together with Benin to implement the projects agreed by […]

Africa Asia Business International

Uganda drops Chinese firm from $2.2bn railway deal, turns to Turkish rival

Uganda has begun to court Yapi Merkezi, a Turkish firm, that is building the Tanzanian railway for financing and construction of a railroad after it cancelled all contractual work it had earlier signed with China Harbor Engineering Company. The east African nation has canceled the deal it signed with the Chinese company to build a […]

Africa Asia Headlines International

Africa should not serve as arena for global contests — China’s foreign minister

Africa should not be an arena for international competition between world powers, China’s new Foreign Minister Qin Gang said on Wednesday while inaugurating the new headquarters of the Africa Centers for Disease Control and Prevention (CDC), a pan-African health body. Qin is on a five-nation African tour, a week after bidding farewell to Washington, D.C., […]

Asia Business Headlines International

Saudi mining company planning investments in Egypt

MA’ADEN, a Saudi state-owned mining company headquartered in Riyadh, is planning to invest in the Egyptian mining sector, as part of strategies by the Gulf’s largest miner to invest in mining assets around world. The announcement was made by Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla told Asharq Business in an interview. Representative […]

Africa Asia Business International

Türkiye, Zimbabwe poised to boost ties

Türkiye and Zimbabwe agreed Wednesday to boost their ties in all fields as Turkish top diplomat Mevlüt Çavuşoğlu visits the African country. “We reviewed all aspects of our relations today, how to enhance our economic relations,” Çavuşoğlu said at a joint press conference with his Zimbabwean counterpart Frederick Shava. “We need to establish the Joint […]

Africa Asia Business International

Chinese top diplomat kicks off African tour for maiden foreign trip

China’s new Foreign Minister Qin Gang has kicked off an African tour on January 9 for his first foreign trip to counterattack US strategy to sideline the Asian giant in Africa. Qin Gang will visit Ethiopia, Gabon, Angola, Benin and Egypt from Jan. 9-16, spokesperson Wang Wenbin said at a daily media briefing. The Chinese […]

Asia Business Egypt Headlines International Morocco

Negev Forum Steering Committee meets to prepare for 2nd Abraham Accords Summit due in Morocco

The steering committee of the Negev Forum, including Abraham Accords partners, Egypt and the U.S. met Monday in Abu Dhabi to prepare for the second summit, scheduled in Morocco. Delegates from Morocco, Egypt, the UAE, Bahrain, Israel and the U.S. are taking part in the two-day preparatory meeting tasked with identifying realistic and doable projects […]

Asia Headlines International Morocco

Bahrain renews support to Moroccanness of the Sahara, plans to open a consulate in Dakhla

The Speaker of the Bahraini Council of Representatives, Ahmed Salman Al Musallam, reiterated his country’s support to Morocco’s sovereignty over its southern provinces, as well as to its security and stability and announced his country’s plans to open a consulate in Dakhla after the one set up in Laayoune. This came during a meeting in […]

Asia Community Headlines International Morocco

Morocco Participates in 46th Conference of Arab Police and Security Leaders in Abu Dhabi

The 46th Conference of Arab Police and Security Leaders kicked off, Monday in Abu Dhabi, with the participation of a large Moroccan delegation, led by Abdellatif Hammouchi, Director General of National Security and Territorial Surveillance. The event is attended in addition to Arab police bosses, representatives of the Gulf Cooperation Council (GCC) countries, Interpol, the […]

Asia Business Egypt Headlines International

South Korea resumes charter flights to Egypt after several years of suspension

South Korean airlines operated last Friday two charter flights to Cairo International Airport following several years of suspension. The first flight, operated by Asiana Airlines, came from Seoul with 295 passengers onboard, while the second flight was operated by Korean Air, Egypt Today reported. In November, South Korea’s Ambassador to Egypt Hong Jin Wook affirmed […]