Business
South Korea’s HD Hyundai Heavy Industries has emerged as a leading contender in negotiations to develop and operate Morocco’s planned naval shipyard in Casablanca, a strategic infrastructure project expected to reshape the country’s maritime industry. According to sources close to......
An Indian environmental authority has raised concerns over wastewater management practices at a Tata Electronics facility involved in producing components for Apple’s iPhone supply chain, according to recent regulatory findings. The plant, located in Hosur in the southern state of Tamil Nadu,......
British energy giant Shell PLC has announced the temporary suspension of its $3 billion share buyback programme, according to a statement released on Friday. The pause, effective from June 12 until July 14, is linked to regulatory and procedural requirements associated with the company’s ongoing......
Nestlé India has firmly rejected allegations concerning the presence of infestation in its popular MAGGI noodles products, reaffirming its commitment to food safety and quality standards. The company stated that its manufacturing processes are designed to comply with strict quality-control measures......
South Korean semiconductor giant SK Hynix is expected to choose Nasdaq for its planned U.S. stock listing, according to sources familiar with the matter. The decision reflects the company’s strategy to position itself within a technology-focused market and benefit from strong investor interest......
SpaceX is preparing to make financial history with what could become the largest initial public offering ever seen on Wall Street. The aerospace company founded by Elon Musk is expected to attract enormous interest from both institutional and retail investors, reflecting the market's confidence in......
The Hospitality Innovation Summit held in Rabat on 10 June 2026 awarded Abdellatif Kabbaj the title of HIS ICON 2026. The distinction recognized his long-standing contribution to Morocco’s hospitality sector and his role in shaping modern hotel standards in the country. The ceremony took place......
Rabat has positioned itself at the center of a renewed push to strengthen Morocco’s appeal to global investors in real estate and tourism. The GBB Investment Summit Morocco brought together developers, hotel operators, financial institutions and strategic partners to explore new opportunities across......
Spanish low-cost airline Volotea has decided to remove its fuel surcharge policy for new bookings starting June 10, following regulatory scrutiny over its pricing practices. The airline had introduced the temporary surcharge in March after rising fuel costs linked to geopolitical tensions in the Middle......
Saudi Arabia has officially launched its new national carrier, Riyadh Air, as part of its long-term strategy to transform the kingdom into a global aviation hub. The launch comes amid ongoing geopolitical tensions in the Middle East and increasing competition among Gulf airlines. The airline, owned......
The Banque Centrale Populaire group has brought an end to a long-running legal dispute in Belgium through a court-approved financial settlement worth approximately €174 million. The agreement was formally validated by a French-speaking first instance court in Brussels, closing proceedings that had......
The competition to provide high-speed in-flight internet is intensifying as airlines around the world increasingly invest in satellite-based Wi-Fi systems, turning connectivity into a key passenger experience feature. The satellite network operated by SpaceX through its Starlink system has emerged as......
Royal Air Maroc (RAM), through its subsidiary Atlas Multiservices, has announced a major recruitment campaign aimed at hiring 96 airline pilot candidates in Casablanca. The initiative forms part of the airline's efforts to strengthen its workforce and support the continued development of its flight......
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