Asia Headlines International Tunisia

South Korea to fund technology center in Tunisia

South Korea will fund the establishment of a technology center in Tunisia for the production of integrated solutions for the benefits of several sectors including agriculture.     The $5 million worth financing will be signed shortly between the two countries, Webdo Tunis reports.     The El Ghazela center will be located in the […]

Asia Business Europe Finance Headlines International Morocco

Morocco Gets €253 Mln Green Funding

Moroccan private sector will benefit from two green investments totaling €253 million provided by the European Bank for Reconstruction and Development (EBRD), the European Union (EU), the Green Climate Fund (GCF) and South Korea. Thanks to this financial support, local businesses will be able to acquire green technology and become more competitive, contributing thus to […]

Asia Headlines International Morocco

Covid-19: Korea & Global Care back Morocco’s response efforts

Korea International Cooperation Agency (Koica) and Global Care have unveiled a joint program aimed at supporting Morocco’s response to coronavirus pandemic and enhancing further the capacity and performance of Moroccan hospitals and health centers. Under this 5-month cooperation program, Moroccan health facilities will receive medical equipment and personal protective gears for health care workers to […]

Asia Headlines International Maghreb Morocco Portrait Profile

Morocco looks to South Korea for bio-pharmaceutical technology transfer

Moroccan native Dr Samir Machour, senior vice President at South Korea’s Samsung Biologics was tasked with identifying and negotiating on behalf of Morocco technology transfer in pharmaceutical industry and biologics.   Health Minister assigned the task to Dr Machour, 55 years old, a native of Rabat who ranked among the 50 most influential health scientists […]

Asia Business Headlines International Morocco

Morocco to buy 100,000 testing kits from South Korea

Morocco has announced that it will spend 200 million dollars on medical equipment to counter coronavirus including the acquisition of 100,000 testing kits to be supplied by a South Korean company, local media said. The deal was sealed by Moroccan ambassador in Seoul and South Korean medical company Osang Health Care, Moroccan news websites said […]

Asia Business Headlines International Morocco

Automotive: Korean HANDS Corp. Opens €400 million worth Plant in Tangier

Korean HANDS Corporation, aluminum wheel manufacturer, opened on Tuesday a plant in Tangier, its first production site in Africa, enhancing Morocco’s automotive cluster, which is attracting a growing number of investors in this highly competitive industry. The Korean group has invested over ‎€400 million in its Moroccan factory to create up to 1600 jobs.   […]

Uncategorized

Seoul & Rabat Step up Cooperation in Strategic Sectors

Morocco and South Korea have agreed to enhance further their cooperation ties in the fields of higher education, renewable energy, automobile and investment. Six agreements were sealed during the work visit paid to Morocco by Prime Minister Lee Nak-yeon who met in Rabat his Moroccan peer Saad-Eddine El Othmani and attended the Morocco-Korea business forum […]

Asia Headlines International Libya

South Korea Bans Citizens to Travel to Libya over Security Concern

South Korea Tuesday forbade 26 of its citizens to travel to the North African country as part of a blanket travel ban on the North African country that it believes is unsafe following the abduction of one Korean technician kidnapped in July alongside several Filipino workers. The 26 citizens reportedly requested Seoul’s approval to travel […]

Africa Asia Headlines International Morocco

Morocco to Train Africans in Car Industry

South Korea has selected Morocco to provide training for African managers in the automotive industry as the North African Kingdom has become a major global player in the sector. A Memorandum of Understanding has been signed in this regard by Moroccan minister of National Education & Vocational Training, Saïd Amzazi and Korea’s ambassador to Rabat […]

Asia International

Diplomacy: UAE passport, most powerful in the Arab world

The  United Arab Emirates (UAE) has retained its rank as the Arab country with the most powerful passport in the Middle East on Passport index with a score of 126. The rankings published by Arton capital places the  gulf country in the 26th position on the global rankings. Emiratis can visit 126 countries on visa-free […]