First Independent Mena Newspaper
Casablanca Finance City (CFC) signed a partnership agreement with Xicheng District Financial Development Promotion Center (XDFDPC) to promote investment opportunities between the two countries. The agreement is in line with CFC’s expansion strategy after it signed similar agreements with London, Luxembourg, Montreal, Paris, Astana and Busan. Under this agreement, the two parties shall cooperate in […]
Morocco has recently added China’s guided MLRS (Multiple Launch Rocket System) to its arsenal in a bid to bolster its ground to air deterrence capabilities. Morocco has acquired four batteries of the long-range Chinese missile system, local media reported. Maximum range of fire is 200 km, however some sources claim that it might be up […]
As it seeks to diversify its tourist emitting markets, Morocco sees enormous opportunities in the Chinese market, which has 130 million tourists traveling abroad annually and spending generously. Morocco has therefore taken a series of incentives to attract 500,000 Chinese tourists by 2020 up from 10,000 in 2015. Soon after the visa exemption decision was […]
Morocco and China have agreed to establish an academic institute tasked with conducting studies on the “Belt and Road” initiative, the Chinese news agency announced. The joint institute will be built by China’s Ningxia University and Morocco’s Hassan I University. The Chinese news agency reported a group of delegates from Ningxia University visited the Hassan […]
After the ban imposed by the US Federal Aviation Administration on Air Algérie, China followed suit banning the Algerian flag carrier from landing in its airports. The ban was issued by the Civil Aviation Administration of China (CAAC), which has barred Air Algérie along with China United Airlines, MIAT Mongolian Airlines and Ariana Afghan Airlines […]
The investments co-developed by Morocco and China as part of the One Belt One Road (OBOR) initiative coupled with the North African Kingdom’s investments in logistics and infra-structure stand as a model to follow for the rest of Africa, stated Kenyan website, the Business Daily. In an article titled “Lessons from Morocco in China-backed mega […]
As a result of the firm resolve of King Mohammed VI of Morocco to revitalize and modernize his country’s infrastructures and diversify partnerships with major world players, and part of his efforts to promote transition to renewable energies and ensure green mobility, Chinese group BYD Auto Industry Company will set up an electric transportation system […]
Thanks to its advanced infrastructure, close ties with African economies and its advanced ports and free zones, Morocco offers a platform for Chinese businesses willing to expand in Africa. The conclusion was reaffirmed at the end of the China-Africa Investment Forum held in Marrakech (Nov 28) with the participation of 400 business executives from across […]
Over 400 senior Chinese and African business leaders and decision-makers will meet at the China-Africa Investment Forum in Marrakech this November 27-28 to discuss partnership projects in transportation, infrastructures, industry, technology, trade and energy. The event is meant to be a platform facilitating business meetings and networking between the main stakeholders of trade and investment […]
Morocco and China convened to bolster their strategic partnership through lending support to the “Belt and Road Initiative”. The announcement was made in Beijing during a meeting between visiting Moroccan Foreign Minister Nasser Bourita and State Councilor Yang Jiechi. During their talks, Yang, a member of the Political Bureau of the Central Committee of the […]