A Moroccan bank has signed a partnership deal with a Chinese bank worth MAD1.2 billion ($124.05 million) for the manufacturing of a new generation of electric buses in Morocco, said a report.
The relationship between Morocco and C
Several companies in China receive money from Iran through a Chinese bank and such transfers help to finance international operations of the Islamic Revolutionary Guards Corps' elite Quds Force, a report said.
The Western inte
The Middle East unit of Industrial and Commercial Bank of China, the world's biggest lending bank, enjoyed surging profits and asset growth in 2012, it said on Saturday, underscoring increasingly close economic ties between Beijing and the G