Asia Business Europe Headlines International Morocco

Romania: Morocco’s OCP to Create Joint Fertilizer Company with Emirati Al Dahra

Office chérifien des phosphates (OCP), Morocco’s phosphate group, will soon open a fertilizer company in Romania in conjunction with Al Dahra, an Emirati multinational agribusiness group, reports say. OCP and al Dahra will set up South East European Fertilizer Company (SEEFCO) with a capital estimated at $5 billion. The Moroccan government’s approval of the operation, […]

Asia Columns Headlines International Libya Maghreb Opinions

Libya’s Proxy War Takes New Turn with Turkish Boots on Ground

Turkey started deploying troops in support of the UN-backed government in Tripoli under attack from renegade general Khalifa Haftar openly backed by UAE and Egypt. The deployment of Turkish soldiers has been announced on Sunday by president Erdogan in an interview saying the measure aims to ensure the stability of the internationally-recognized government of National […]

Africa Algeria Asia Business Headlines International

SA urged domestic arm industry firms to look for new markets over KSA, UAE refusal for inspection

South Africa has called on home defense industry corporates to reduce their dependence on Saudi, Emirati, Algerian and Omani customers as it holds up arm sales to these countries over their refusal for inspection in compliance with contract agreements, reports say. The National Conventional Arms Control Committee (NCACC), a group of ministers and deputy ministers […]

Asia Business Headlines International Maghreb Morocco

UAE Developer unveils luxury complex in Rabat, its largest project in Africa

Abu Dhabi-based urban developer IMKAN has unveiled a luxury complex in Rabat: Le Carousel. This project, IMKAN’s largest in Africa is a mixed-use complex located on the Rabat Corniche and will be completed in about 5 years. Just about 15 minutes from downtown and the motorway, this project covers about 10.5 hectares of which 50% […]

Asia Headlines International Libya

UN accuses Jordan, Turkey, UAE of violating Libya’s arms embargo

A confidential UN report on Libya states that Jordan, Turkey and the United Arab Emirates have violated the arms embargo. The country’s two strong men – Marshal Haftar and Prime Minister Sarraj – took advantage of the embargo breach. Jordan, Turkey and the United Arab Emirates have violated the arms embargo imposed on Libya since […]

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Sahara: Manama & Abu Dhabi Back Morocco’s Efforts Seeking Enduring Political Solution

The governments of Bahrain and the United Arab Emirates have renewed their continued firm backing to Morocco’s territorial integrity, hailing the sustained efforts deployed by the North African Kingdom for a lasting political settlement of the Sahara regional conflict. Addressing the 74th session of the UN General Assembly, convening in New York, Bahraini Foreign minister […]

Asia Columns Headlines International Morocco Opinions

KSA, UAE should have listened to Morocco on Yemen

The fallout of the war in Yemen and the humanitarian crisis the war-torn country is facing vindicate the Moroccan position to backdown from supporting militarily the Saudi-led military intervention in favor of seeking political solutions. When Morocco expressed its voice against the continuation of strikes on the conflict-stricken country while advocating an approach that focuses […]

Asia Headlines International Maghreb Morocco

Morocco, UAE Ink Executive Program of Cooperation on Islamic Affairs

Morocco and the United Arab Emirates (UAE) signed, on Wednesday in Abu Dhabi, an executive program of cooperation in the field of Islamic affairs. The program is part of the implementation of a memorandum of understanding between the Moroccan Ministry of Endowments and Islamic Affairs and the General Authority of Islamic Affairs & Endowments. The […]

Africa Asia Headlines International

KSA honors promise, deposits $250 million in Sudan’s Central Bank

Saudi Arabia Tuesday announced it channeled $250 million to the Sudanese Central Bank, half of the $500 million promised with United Arab Emirates (UAE) in April to ease the financial crisis in the African country. The $250 million deposit is Saudi Arabia’s contribution. The same amount was pledged by the UAE in April. The two […]