Leading News Source For Middle East
Cyber security experts at Kaspersky Lab have claimed that computers in diplomatic missions and government offices in more than 40 countries worldwide have been hit by a major virus. Kaspersky reported that it has found the sample of the virus Read more
Al Baraka Bank of Bahrain has a five-year expansion plan to increase the scope of its global network especially in Africa, and putting more emphasis on Libya and Morocco. The bank is an Islamic lender bank present in the Middle Read more
Morocco’s time immemorial relations with the rest of African countries are poised to make another stride this week as king Mohammed starts on Friday a continental tour that will successively lead him to Senegal, Ivory Coast and Gabon. This is Read more
The new economic and social development plan for Morocco’s southern provinces that was disclosed this week by the President of the Economic, Social and Environmental Council, Chakib Benmoussa, will make of these provinces a regional development hub in north-west Africa. Read more
The International Finance Corporation (IFC), a member of the World Bank Group, has granted a $30 million loan to Malta-based FIMBank designed to boost trade between Europe, the Middle East, and Africa, and to support economic development in the region. Read more
The British company Chariot Oil & Gas Limited, an independent Africa focused oil and gas exploration company, announced that it has signed, through it wholly owned local subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd. an agreement with Morocco under Read more
French car maker Renault has opened in Morocco the largest car plant in North Africa. Built over 3 million square meter on the Mediterranean near Northern city of Tangiers, close to Europe, the plant employs about 2,000 local staff to Read more
More than 200 eminent personalities, businessmen, decision-makers, diplomats and intellectuals will gather Jan.25 in Morocco’s capital (Rabat) to look into ways of building up and promoting Africa’s economic integration to enable the continent speed up development process. Dubbed “Rabat Forum“, Read more