Search Site

Trends banner

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Israeli interior minister visits Morocco as cooperation grows

Interior Minister Ayelet Shaked, center, with Permanent Ambassador to Morocco David Govrin, left, and Madrid Jewish community leader Samy Cohen. Instagram pic
  • Shaked’s visit came as Israel's Prime Minister Naftali Bennett and Foreign Minister Yair Lapid agreed to dissolve their fraught governing coalition
  • Morocco had cut relations with Israel in 2000 following the outbreak of the second Palestinian intifada

Israeli Interior Minister Ayelet Shaked arrived Monday in Morocco for a string of meetings with officials, a diplomatic source said, as cooperation grows between the two countries after they mended ties.

Shaked is the fourth Israeli minister to visit the North African kingdom since the two countries re-established ties in a 2020 deal mediated by then-US president Donald Trump.

Her visit came as Israel’s Prime Minister Naftali Bennett and Foreign Minister Yair Lapid agreed to dissolve their fraught governing coalition and trigger new elections.

Shaked, who visits until Thursday, is due to meet her Moroccan counterpart Abdelouafi Laftit, Foreign Minister Nasser Bourita, Economy Minister Nadia Fettah and other top officials.

On Sunday, the Israeli interior ministry said Shaked hoped to set up channels for Moroccan workers to work in Israel’s construction and nursing sectors.

Morocco also announced at the beginning of the month that it was considering collaboration with Israel on personal data protection.

Morocco had cut relations with Israel in 2000 following the outbreak of the second Palestinian intifada, but re-established ties 20 years later in a deal that saw Washington recognise Rabat’s sovereignty over the disputed Western Sahara.

Since then, a steady stream of Moroccan and Israeli officials have visited each others’ countries and signed a string of cooperation deals in various fields.

Lapid has been quoted by Israeli media as saying Morocco plans to open an embassy in Tel Aviv in the coming months.