Africa Uncategorized

Algeria Seeks More Russian Sukhoi Su-30 fighter jets

The Algerian army, currently undergoing a deep shakeup, has ordered 14 Russian Sukhoi Su-30 fighter jets, which will enhance the 44 Su-30MKs in service in the North African country. According to Russian press reports, the new fighter jets will be delivered to the Algerian air forces in 2016 and 2017. In 2006, Algeria, an OPEC […]

Headlines Morocco

Morocco-Canada: Canadian Young Chambers of Commerce group names Moroccan as new CEO

The group of young chambers of commerce (RJCCQ) in Quebec-Canada has named on Thursday Moroccan Monsef Derraji as its new head. The RJCCQ, known in French as Regroupement des jeunes chambres de commerce du Québec, is a group of young chambers of commerce including young chambers of China, France, Latin-America, North Africa, and Sub-Saharan Africa […]

Algeria Business Headlines

Algerian Navy to Receive 2nd Chinese-Made Corvette (IHS Jane’s Magazine)

China’s Hudong-Zhonghua company, a wholly owned subsidiary of China State Shipbuilding Corporation, is building a second C28A corvette for the Algerian navy, reported IHS Jane’s Navy International in its latest issue. The Defense, security and intelligence magazine published a photo showing the Algerian warship docked at the Chinese shipyard. The furtive vessel has already been […]

Africa Asia Features International

Green Peace accuses China of illegal fishing off Coasts of West African

Green Peace report published on Wednesday says Chinese fishing companies have been illegally off the coast of Wets African. The report points at 114 illegal cases of Chinese vessels operating in the waters off Gambia, Guinea, Guinea Bissau, Mauritania, Senegal and Sierra Leone. These vessels among which government-owned vessels from the China National Fisheries Corporation […]

Algeria Asia Business Emerging Markets Features Headlines International

Algeria: More momentum in Algiers-Beijing ties after visit, PM Sellal

Prime Minister Abdelmalek Sellal’s said his four-day official visit to China has ended with “satisfactory” results with feelings that it will lead to a “new impetus” in the ties between the two countries especially in the economic sector. Algeria wants to diversify its economy and is hoping that it could learn from the Chinese experience […]

Business Features International

Iran to Buy Advanced Russian Anti-Aircraft Missiles

Teheran, which is facing growing pressure from the West to reach a nuclear deal in Geneva, is currently considering the purchase of a Russian advanced anti-aircraft missiles system, a deal, which if approved, is expected to irk Western powers. The chief of the Russian state arms firm Rostec, Mr.Sergei Chemezov said the company offered to […]

Asia Features International

Turkey: Missile defense systems from China will not be used with NATO

Turkey’s defense minister Ismet Yilmaz has maintained that the country has not sidelined plans to buy a new missile defense system from China despite concerns from NATO and the US that it will be incompatible with their defense systems. The missile defense system is to be supplied by China Precision Machinery Import and Export Corp […]

Asia Features International

Israel: All self-defense options are possible against Iran, Minister Steinitz

Intelligence Affairs and Strategic Affairs Minister Yuval Steinitz told reporters that “we never limited Israel’s right of self-defense because of some diplomatic constraints” as he believes the possible outcome of the negotiations over the Iranian nuclear program is unfavorable to Israel. The minister declined to give any further details but stressed that “all options are […]

Asia Features International

Israel urges entrepreneurs to focus on Asia

The Israeli government is urging entrepreneurs to switch their attention to Asia as a precautionary measure regarding the unfavorable developments in some European markets. Several companies have already followed the strategic decision as the demand for Israeli developed technology continues to rise. Authorities claimed that anti-Semitism is rising in Europe and the pro-Palestinian boycott, divestment […]

Business Emerging Markets Features

South Sudan: We are not Western Colonialists, FM Wang Yi

China’s Foreign Minster Wang Yi has stressed that his country is not on a colonially exploiting Africa like Western colonists as he defended the policies of Beijing. The Minister is on a tour to five central African countries namely Cameroon, Equatorial Guinea, Sudan and the Democratic Republic of Congo. Beijing has often been accused of […]