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 […]

Asia Egypt Headlines International

Egypt: Cairo meets US demands, cuts military ties with Pyongyang

Egyptian Defense minister on a visit to South Korea has told host officials that the North African country has severed military ties with North Korea, meeting therefore a demand by the United States as condition to unfreeze military aid. The announcement was confirmed to the public by the South Korean news agency Yonhap, which cited […]

Business Headlines Morocco

Morocco Bought $6.2 bln in Weapons from 2008 to 2015- Congressional Report

Morocco spent $6.2 billion on weapon deals from 2011 to 2015, said an annual Congressional study dubbed, “Conventional Arms Transfers to Developing Nations, 2008-2015, one of the most comprehensive assessments of global arms sales available in an unclassified form. The US continues to be the main arms supplier of Morocco over the same period with […]

Americas International

Ban Ki-moon, Dullest, Worst UNSG, The Economist

South Korea’s Ban Ki-moon, the outgoing Secretary General of the United Nations, has been described by the Economist as “the dullest—and among the worst” UN chiefs that preceded him. In a recent story on the job of UN Secretary General, described as “something of a poisoned chalice” and on the candidates to the UN helm, […]

Egypt Features Headlines

Egypt: terrorist attacks are waging against the interim government

Hisham Zaazou, the Egyptian minister of tourism has reacted to reports of threats that emerged on tweeter and linked to Jamaat Ansar Beit al-Maqdis that all tourists should leave the country before the 20 of February as bogus.  He claimed that “well-respected media forums,” also questioned the claims because the terrorist group doesn’t use the […]

Egypt Features Headlines

Egypt : Tourism industry gets another fatal bomb attack

A believed-to-be terrorist actwas carried out on Sunday when a bomb denoted inside or beside a tourist bus in Egypt’s Sinai headed to Israel. It has left at least two South Koreans and the Egyptian driver dead while 24 people were wounded. Reports of the two South Korean deaths were confirmed by the country’s foreign […]