Asia Business Emerging Markets Headlines International Morocco

Morocco, UAE ink MoUs covering several areas, opening broader horizons for fruitful partnership

King Mohammed VI of Morocco and the President of the United Arab Emirates Sheikh Mohammed Bin Zayed Al Nahyan presided over the signing ceremony of multiple memoranda of understanding at the Abu Dhabi Presidential Palace on Monday. These memoranda which cover various pivotal sectors are all meant to bolster cooperation between the two nations. The […]

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King Mohammed VI, UAE President sign declaration for innovative, renewed partnership

King Mohammed VI and Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates signed on Monday in Abu Dhabi, a declaration “Towards an innovative, renewed and solid partnership between the Kingdom of Morocco and the United Arab Emirates,” which aims to upgrade bilateral relations and cooperation to new heights. Before signing this […]

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Morocco leads the way for MENA, Africa in climate action – Emirati Senior Official

Morocco is leading the way for countries in the Middle East and Africa region in climate action, thanks to its leadership and pioneering commitment in the fight against climate change, said Razan Al Mubarak, COP28 High-Level Climate Champion. “The countries of our region and Africa should be incredibly proud of Morocco’s inspiring vision, and take […]

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UAE mulls plans to build scientific University in Mauritania to meet domestic labor market demands

United Arab Emirates (UAE) are planning to build a scientific University in Mauritania’s capital of Nouakchott to meet the demands of the local job market, the minister of Education of the Gulf country Ahmed Belhoul Al-Falasi has announced. The future University will be located in the East of the capital and will stretch over 23,377m2. […]

Asia Emerging Markets Headlines International Morocco

Morocco, UAE upgrade cooperation in fight against terrorism financing, weapons proliferation

Morocco’s National Commission for the Implementation of Sanctions Imposed by UN Security Council Resolutions on Terrorism, Arms Proliferation and their Financing (CNASNU), and the Executive Office for Control and Non-Proliferation of the United Arab Emirates (UAE), signed a Memorandum of Understanding (MoU) in Dubai on Thursday, to strengthen and develop means of cooperation and partnership […]

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UAE poised to inject more investments in Egypt’s economy

The United Arab Emirates will pump more investments in Egypt across various development sectors, the Gulf country’s minister of Investment Mohammed Al-Suwaidy has told Egyptian Premier Mostafa Madbouly. Al-Suwaidy conveyed to Madbouly UAE’s eagerness to invest in various development sectors, highlighting that the directive to do so was issued by President Sheikh Mohamed bin Zayed […]

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Cybersecurity: Morocco and UAE Agree to Exchange Expertise to Counter Common Challenges

Morocco and the United Arab Emirates have agreed to strengthen cooperation in cyber-security to reduce the risk of cyber-attack and protect online services and personal digital data from theft or damage. An agreement was inked Thursday in Dubai on the sidelines of “GITEX GLOBAL-2023” Tech show between General Directorate of Information Systems Security of Morocco’s […]

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UAE flexes its climate finance muscles to contribute to Africa’s green energy transition

As the United Arab Emirates (UAE) prepares to host the COP28 climate summit from 30 November to 12 December, the Gulf state has made a marked presence in Africa’s burgeoning green finance sector, with a group of Emirati investors having unveiled a landmark $4.5 billion pledge to invest in clean energy projects on the continent […]

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Central banks of Egypt, UAE ink bilateral currency swap Agreement

The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]

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Morocco’s King thanks heads of state who sent earthquake rescue teams

King Mohammed VI thanked the heads of state of the UAE, Qatar, Spain, and the UK for the contribution of their rescue teams in the relief efforts after the earthquake. Morocco accepted aid from the four countries following a 7- magnitude earthquake that left around 3000 deaths and destroyed whole villages in the High Atlas […]