Israeli & Moroccan Ministers of science & tech sign MoU for growth
Category: #business  | By Nikita Chaurasia  | Date: 2022-05-28 |
  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn

Israeli & Moroccan Ministers of science & tech sign MoU for growth

Orit Farkash-Hacohen, Minister of Science and Technology of Israel has reportedly inked a memorandum of understanding (MoU) with Abdellatif Miraoui, Minister of Higher Education, Scientific Research and Innovation of Morocco under a bilateral collaboration.

As per a statement released by Farkash-Hacohen’s department, the latest deal marks one-of-a-kind agreement between Israel and Morocco.

The MoU adheres to a comprehensive approach and encompasses different tech spaces like battling desertification, artificial intelligence (AI), water management & water desalination, food processing technologies, agricultural technologies, renewable & clean energies, and development of biotech.

Moreover, the agreement also covers fields such as smart cities and automotive industry, information technology, medical and pharmaceutical industries, and innovation in space.

As a part of the MoU, the Ministers have decided to form a joint working team to supervise the implementation of the agreement, execution of scientific meetings, organizing joint funding for research and development, and more.

During the signing ceremony, Farkash-Hacohen emphasized on the new accomplishment, which comes after the Abraham Accords – a crucial collaboration between the U.S., UAE, and Israel.

Hacohen added that with the latest cooperation agreement, the two countries will jointly work towards addressing challenges in the fields of water technologies, space, renewable energy, science, health, transportation, and environment.

The Minister has been notably active in extending international agreements for technology development and innovation in the recent years.

As reported by the Minister’s office, Hacohen inked an agreement with the UAE in the field of space along a technology partnership with Bahrain. Notably, the latest deal with Morocco further strengthens Israel’s ties with Arab states.

According to the Ministry, Morocco faces several challenges alongside ambitious goals associated with renewable energies, water management, desalination of water, climate, and smart agriculture, which is believed to be addressed effectively by Israel’s high-tech industry.

Ultimately, the joint efforts are expected to help boost both the economies.

Source Credits: https://www.al-monitor.com/originals/2022/05/israeli-moroccan-ministers-science-and-technology-sign-cooperation-agreement

  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn


About Author

Nikita Chaurasia     twitter

Nikita Chaurasia

Having always been daft at wordplay, Nikita Chaurasia, post the completion of post-graduation, commenced her journey into the content generation cosmos. Endowed with a professional MBA degree in Advertising and Public Relations, Nikita strives to integrate her creativ...

Read More..

More News By Nikita Chaurasia

Arm Holdings achieves $54.5 Billion Valuation in successful U.S. IPO

Arm Holdings achieves $54.5 Billion Valuation in successful U.S. IPO

By Nikita Chaurasia

Arm Holdings Plc, the renowned chip designer, has reportedly secured a valuation of $54.5 billion through its U.S. initial public offering (IPO) on Wednesday. This milestone comes seven years after its acquisition by SoftBank Group Corp for $32 billi...

JSW Steel to increase its capacity by double in the next 3 years

JSW Steel to increase its capacity by double in the next 3 years

By Nikita Chaurasia

According to Chairman Sajjan Jindal, JSW Steel has set a target to increase its capacity to 50 million tonnes within the next three years. Speaking at an event organized by the Bombay Chartered Accountants Society, Jindal also mentioned the company&#...

KLM unveils World Business Class Seats for optimal comfort & privacy

KLM unveils World Business Class Seats for optimal comfort & privacy

By Nikita Chaurasia

KLM Royal Dutch Airlines has reportedly unveiled its latest World Business Class seats, designed to provide enhanced comfort and privacy. The World Business Class seats feature a sliding door, ensuring a greater sense of personal space. Additional...