Africa Asia Business Emerging Markets Features Headlines International

DRC leader’s upcoming visit to China to pave way for signing of key trade, mineral deals

President of the Democratic Republic of the Congo (DRC), Felix Tshisekedi, will pay a state visit to China from 24-29 May where he is expected to meet President Xi Jinping and their meeting is widely expected to pave the way for the two countries to seal several key trade deals, including a $6 billion infrastructure-for-minerals […]

Asia Columns Headlines International Libya Morocco

Arab Leaders laud Morocco’s efforts for resolution of Libyan crisis & solidarity with Yemen

The Arab Summit, convened Friday in Jeddah, lauded Morocco’s efforts engaged for the settlement of the Libyan crisis and praised the Kingdom’s solidarity with Yemen. In their final declaration, the Arab leaders stressed the importance of the Libyan Political Agreement signed in Skhirat in 2015 for a lasting and peaceful resolution of the Libyan crisis. […]

Asia Community Headlines International Morocco

Arab Summit reaffirms support for Al-Quds Committee chaired by King Mohammed VI

The 32nd Arab Summit, held Friday in Jeddah, voiced strong support to the role played by Al-Quds Committee chaired by King Mohammed VI and Bayt Mal Al-Quds Agency in defending the Holy City and the resistance of its Palestinian inhabitants. King Mohammed VI is represented in the Jeddah Summit by Prince Moulay Rachid. In their […]

Asia Headlines International Morocco

Jeddah: Morocco’s Prince Moulay Rachid represents King Mohammed VI in Arab Summit

Morocco’s Prince Moulay Rachid is representing King Mohammed VI in the Arab Summit which opened this Friday in Jeddah, marking the return of Syria to the Arab League after a 12-year suspension following a bloody crackdown on pro-democracy protesters against President Bachar Al-Assad. Upon his arrival Friday at King Abdelaziz International Airport, Prince Moulay Rachid […]

Asia Business Headlines International Morocco

Morocco receives 111k Tons of grains under Black Sea Initiative

Morocco was among the countries that benefited from the resumption of grain shipments from Ukraine receiving so far 111.1K tons of grains, according to UN data. The Black Sea Initiative was agreed between Russia and Ukraine following Turkish and UN mediation in 2022 to help secure safe food shipments, notably cereals. Russia however said it […]

Algeria Asia Business Columns Headlines International Maghreb

Algerian army in disarray as Russian supplies plummet

Algeria is rushing to find an alternative to Russian arms which has fallen sharply due to the war effort in Ukraine. Algeria has for long been the third buyer of Russian arms which make up more than 80% of its arsenal. The war in Ukraine has disrupted major transactions, including a 7 billion-dollar-deal to buy […]

Asia Business Finance Headlines International Tunisia

Tunisia, South Korea ink multiple agreements

Tunisia and South Korea signed Thursday in Tunis several agreements in multiple areas including investment and trade, ahead of the second Economic Forum between the two countries, Tunisie Numerique reports. Najla Bouden, Tunisia’s Premier, the media notes, received a high-key South Korea delegation headed by Park Heong Joon, who doubles as Mayor of Busan Metropolitan […]

Asia Business Emerging Markets Headlines International Morocco

Morocco seeks more Asian tourist arrivals

Morocco’s tourism promotion office ONMT signed deals with Asian tourism professionals and operators in a push to showcase Morocco’s attractions and attract more arrivals. The deals aim to double flights from Gulf airports, a key hub connecting Morocco to the rest of Asia and Australia. The ONMT also agreed with Wego group, a search engine […]

Asia Business Emerging Markets Headlines International Morocco

Automotive Industry: Korean group SJM Inaugurates New Site in Tangier

The Korean group SJM inaugurated, Thursday in Tangier Automotive City (TAC), a new industrial unit specialized in the production of modules and interior components of flexible insulation for the automotive industry. This new facility, which was inaugurated in the presence of officials of the Korean group and the Tangier Med group, is part of the […]

Asia Business Egypt Emerging Markets International

Egypt seeks partnership with Japan on localization of automotive industry

Egypt’s General Authority for Investment and Free Zones has indicated that the North African country is seeking cooperation with Japan to localize the automobile industry. Hossam Heiba, Chairman of the authority, discussed with President of Toyota Tsusho a sustainable partnership between the two countries to conquer the African market, leveraging on Japan’s technological, investment and […]