Algeria Asia Columns Headlines International Morocco Opinions

Algerian-Chinese strong partnership waning in favor of Morocco

Longtime China’s strongest economic partner in the Maghreb, Algeria is seeing its western neighbor, Morocco, steadily stealing the show as Beijing is increasing investments and initiating mega projects in the kingdom, a more stable and futuristic country. Algeria since February last year has slid into political uncertainty and things are not getting any better as […]

Asia Business Headlines International Morocco

Mohammed VI Tangier Tech City project moving forward with new partnership agreements

The project of Mohammed VI Tangier Tech City is gaining momentum with the signing of share’s agreements between State-owned China Communications Construction Co (CCCC) and its subsidiary, China Road & Bridge Corp (CRBC), Tangier-Tetouan-Al Hoceima Region, Tangier Med Special Agency (TMSA) and Bank of Africa (BMCE). Under the deals inked remotely on Tuesday, the Chinese […]

Asia Business Finance International

Morocco’s BCP mulls stake sale to Asian bank

Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]

Asia Headlines International Maghreb Morocco

King Mohammed VI, President Xi JINPING discuss Morocco-China partnership in the fight against COVID-19

King Mohammed VI of Morocco and President Xi JINPING of China have discussed the means to foster the two countries’ cooperation in a set of fields, among which is the fight against the coronavirus, said the Royal Office. This came in a phone call between the Moroccan Monarch and the Chinese President, the Royal Office […]

Asia Headlines International Morocco

Morocco takes part in COVID-19 vaccine trials of Chinese Sinopharm group

Morocco will take part in phase 3 clinical trial of a COVID-19 vaccine developed by state-owned pharmaceutical giant, China National Pharmaceutical Group (Sinopharm). Two agreements were signed on Thursday in this regard via videoconference by Minister of Health Khalid Ait Taleb and top executives of the Chinese biotech group in presence of Foreign Minister Nasser […]

Asia Business Headlines International Maghreb Morocco

Morocco poised to unseat India, China as most competitive automotive investment destination

Morocco strives to improve its competitiveness in order to outperform India and China as the most attractive hub for automotive investments, Industry Minister Moulay Hafid El Alamy said. Morocco has offered propitious conditions for car manufacturers and part suppliers in key industrial clusters in Tangier, Casablanca and Kenitra. Building on its investments in low-carbon economy […]

Asia Headlines International Morocco

Covid-19: Morocco Receives Medical Donation from China, HCQ drugs from India

Morocco has received lately 36 respirators and 98,000 facemasks donated by Chinese state-owned Development Bank (CDB). The donation comes after Bank of Africa (BOA) of Moroccan BMCE Group had sent four months ago medical supplies to China following the coronavirus outbreak in Wuhan, Hubei province. After the Chinese hospitals, doctors and health workers were overwhelmed […]

Asia Headlines International Morocco

COVID-19: Morocco and China cooperate closely in fight against pandemic – Ambassador

Morocco and China cooperate closely in the fight against the COVID-19 pandemic, said Morocco’s ambassador to China Aziz Mekouar.   Speaking during a meeting broadcast on Tuesday by China-Arab TV channel, Mekouar said that videoconferences were organized regularly between doctors and health professionals in China and their counterparts in Morocco to share Chinese experience in […]

Asia Headlines International Morocco

China sends Morocco medical aid to fight coronavirus

An airplane loaded with Chinese medical supplies landed in Morocco on Monday to help the North African country avert a coronavirus outbreak. RAM showed on its social media platforms the airplane, which came after talks between Morocco’s Foreign Minister and his Chinese counterpart. “China expresses its solidarity with the peoples and countries hit by the […]

Africa Asia Headlines International

Coronavirus: Kenya accepts first direct flight from China in two weeks

Kenyan airport authorities have cleared 239 passengers who arrived at the capital’s main international airport on Wednesday. According to local media, all the passengers were screened on board and allowed to enter the country moments after the aircraft landed at Jomo Kenyatta International Airport in Nairobi. China Southern Airlines had initially suspended travel reservations on […]