Asia Headlines International Morocco

Moroccan Attijariwafa Bank, Japanese Sumitomo Corporation Team up for Africa’s Development

The Moroccan banking group, Attijariwafa bank, and the Sumitomo Corporation Europe Limited, one of the branches of the Japanese giant, have signed recently a memorandum of understanding, under which they agreed to establish a long-term partnership for the implementation of major development projects in Africa. The memorandum seeks to promote cooperation between the two groups […]

Africa Asia Headlines International Morocco

Japan Slams Polisario Proponents in Africa

The Japanese Foreign Minister made it clear that Japan has never recognized the Polisario’s self-proclaimed republic and deplored the maneuvers of Mozambique authorities in their desperate attempt to give a seat to the separatist entity at the follow-up meeting of the Tokyo International Conference on African Development (TICAD), held on August 24-25 in Maputo. During […]

Asia Business Emerging Markets Headlines International Morocco

Japanese JTEKT Car Component Manufacturer to Set up Factory in Tangier

Leading Japanese car part maker, JTEKT, will set up a plant worth €15 million in Tangier, an investment that will further bolster the automotive ecosystem in the country. The factory is scheduled to start producing car steering systems and drive parts in 2018, the Tanger-Med Port announced in a statement. The plant, to be built […]

Africa Asia Headlines International Morocco

Morocco, Gateway for Japan’s Cooperation with Africa

Japan sees in Morocco a partner that can facilitate its cooperation efforts in Africa. An agreement was signed in this regards between the Japan International Cooperation Agency (JICA) and Morocco’s Equipment and Transport Ministry to develop human resources in the field of transport in African countries. Under the agreement, Japan and Morocco will cooperate through […]

Asia Business Headlines International Morocco

Morocco Eyes More Japanese Investment

Japanese companies operating in Morocco have quadrupled in recent years in light of the investments opportunities offered by Morocco, notably in the sectors of car making and electronics, said Japan’s Parliamentary Vice-Minister for Foreign Affairs Shunsuke TAKEI, who is leading a Japanese business delegation on a visit to Morocco. “Japanese enterprises can contribute to the […]

Blogs Community

Moscow scraps visa requirements for 18 nationals including 9 Arab countries

Citizens of 18 countries including Morocco, Tunisia and Algeria have been exempted from visa requirements to visit far-eastern part of Russia, reports say. The Russian Premier Dmitry Medvedev announced Russian authorities’ decision on Monday. “I recently approved the list countries whose nationals can benefit from the preferential treatments,” Medvedev said. The decision is taken in […]

Headlines Morocco

Morocco Has Second Highest Potential for Automation in Africa- McKinsey says

In Morocco, 50.5% of work activities can be automated, making the Kingdom the second country in Africa with the highest potential for robot’s use in industry, Mckinsey said in a recently published research. Morocco was placed second in Africa, preceded by Kenya with an automation potential of 51.9% and followed by Egypt (48.7%), Nigeria (45.7) […]

Africa Features Headlines International Morocco

Morocco Most Competitive Tourist Destination in North Africa, WEF Report

The World Economic Forum issued the 2017 Travel and Tourism Competitiveness Index placing Morocco on top of North African countries, third in the continent and 65th in the globe. Morocco came ahead of Tunisia (87th) and Egypt (74th) while Algeria (136th) took the very last position in the report, which offers an in-depth analysis of […]

Headlines Morocco

COP22: Forty-two Countries Launch NDC Partnership to Deliver on Paris Agreement

In a move that matches climate finance with action, forty-two countries from different continents signed to the NDC Partnership, which was launched, on Tuesday November 15, at COP22 Moroccan Pavilion with the aim of enhancing cooperation among nations so that developing countries have more effective access to the technical knowledge and financial support necessary to […]

Headlines Libya

Libya: Italian Mafia Sells Arms to IS for Stolen Antiquities

An investigation run by Italian media La Stampa reveals that Italian criminal gangs have been meddling with the Islamic State group (IS) to which they sell weapons in exchange for smuggled antiquities. IS entered Libya in 2014 and took control of important historical cities of the North African country. It demolished historical monuments and sites […]