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13:13 Israeli military expands control in Gaza and plans “Green City” project in Rafah 12:50 UN warns of accelerating sea level rise driven by climate change 12:45 Japan’s ruling party approves bill to establish a second capital city 12:31 Morocco’s Startup ecosystem expands in 2026 but loses North African leadership 12:30 Growing tensions raise questions about the future of the US-Israel alliance 12:15 Ten years after Brexit: assessing the long-term impact on the UK economy 12:05 Morocco and Brazil close in on World Cup knockout stage qualification 12:00 Former SNP executive Peter Murrell jailed over misuse of party funds 11:48 US ambassador’s remarks spark debate over presidential influence on diplomatic appointments 11:45 Valentino revenue falls 15% in 2025 as Luxury sector faces global slowdown 11:30 United States targets ISIS financing networks with new international sanctions 11:30 IG4 pursues Raízen acquisition amid major debt restructuring in Brazil 11:15 Germany’s private sector contracts at fastest rate in 18 months, PMI signals weak growth 11:11 Trump calls for intensive inspections to ensure Iran’s nuclear compliance 11:00 Kotak Mahindra Bank eyes acquisitions to deploy excess capital and boost growth 10:59 China launches new communications technology test satellite into orbit 10:59 Morocco strengthens maritime surveillance capabilities with the Avante 1800 patrol vessel 10:45 Monte Dei Paschi CEO says banking consolidation is healthy if competition is preserved 10:43 Pezeshkian says progress in negotiations depends on US commitment 10:36 United States debates ways to share artificial intelligence wealth amid inequality concerns 10:30 Belgium issues EU arrest warrant for former commissioner avramopoulos in Qatargate probe 10:25 JD.com says robots will gradually transform the future of delivery services 10:18 Chinese developers seek antitrust investigation into Apple over App Store fees 10:16 UK grocery inflation slows to 3% as fears of Iran conflict spillover ease 10:15 Study warns that hundreds of AI-powered iOS apps may expose user data 10:08 Turkish intelligence chief meets Libyan commander Saddam Haftar in Benghazi 10:00 Heatwave in France triggers spike in drownings at unsanctioned swimming areas 09:46 NatPower and Tesla launch major 25 GWh battery storage project in Europe 09:45 Lionel Messi becomes the all-time leading scorer in World Cup history 09:30 India’s Akasa Air plans major expansion with 30% capacity increase in FY27 09:15 Cancer and cardiovascular diseases remain leading causes of death in France 09:00 Luc Besson case: Paris court of appeal considers reopening rape investigation 08:45 Kim Jong-un vows to strengthen North Korea’s defense amid nuclear war fears 08:38 Switzerland defends tougher UBS capital requirements to safeguard financial stability 08:31 Heineken appoints Rafael Oliveira as new CEO amid brewing industry challenges 08:15 StubHub UK hit with £900,000 fine for failing to disclose mandatory ticket fees 08:00 Italgas unveils €13 billion investment plan to modernize Italy’s gas infrastructure 07:45 Marco Rubio seeks gulf support for U.S.–Iran reset amid regional concerns 07:30 Congo’s Ebola outbreak surpasses 1,000 confirmed cases as death toll reaches 267 07:15 Iron Maiden Show at Paris La Défense Arena halted by unexpected power failure 07:00 Iran and United States establish working groups to advance peace negotiations

Economy



Morocco and Saudi Arabia Join Forces to Strengthen Social Insurance Collaboration

In a significant move aimed at enhancing cooperation in the social insurance sector, Morocco’s state-owned financial institution, Caisse de Dépôt et de Gestion (CDG), has entered into a Memorandum of Understanding (MoU) with Saudi Arabia’s General Organization for Social Insurance......

Nadia Fettah Alaoui Reassures Citizens: Tax Reform Won't Dent Wallets

Minister of Economy Nadia Fettah Alaoui assured Moroccan citizens on Tuesday that the government's tax overhaul for 2024 will not diminish their purchasing power. Addressing concerns raised by the Supreme Audit Board before parliament, Nadia Fettah Alaoui confidently stated that the proposed VAT......

Morocco's Automotive Export Boom Surges 27%, Reaching $13.9 Billion in 2023

Morocco's automotive industry is experiencing rapid acceleration, evidenced by a remarkable 27% surge in exports in 2023, reaching $13.9 billion, as reported by the nation's foreign trade regulator. The North African kingdom has firmly established itself as a continental leader in car manufacturing,......

Moroccan Expat Remittances Surge to $11.5 Billion in 2023

In 2023, remittances from Moroccan expatriates reached an all-time high of nearly 115.15 billion Moroccan dirhams ($11.5 billion), as reported by the country's Foreign Exchange Office. This figure marks a notable 4% increase compared to the previous year, underscoring the robust economic ties between......

Morocco's Trade Deficit Contracts with Rising Export Values and Falling Import Costs

Morocco's trade deficit, a longstanding concern, is displaying promising signs of improvement as the nation experiences a convergence of factors including a decrease in energy and food prices alongside an increase in export values. According to a recent report from Morocco's Office des Changes,......

Investment Partnership to Accelerate Morocco's Industrial Growth

In a move set to turbocharge Morocco's industrial sector, the Moroccan Agency for Investment and Export Development (AMDIE) has forged a groundbreaking partnership with the International Finance Corporation (IFC). This collaboration, aimed at enticing foreign investments and bolstering Moroccan companies'......

Abu Dhabi to Host Asia Pacific Money Laundering Annual Meet 2024: Global Anti-Money Laundering Milestone

The Asia Pacific Group on Money Laundering (APG) is set to convene its annual meeting in Abu Dhabi, UAE, marking the first time the UAE will host this significant gathering. Scheduled from September 22 to 27, 2024, the event is anticipated to draw more than 400 officials and experts specializing in anti-money......

Morocco Aims for 10% Green Share in Central Bank Reserves

In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......

Morocco Establishes Renewable Energy Foothold with New Wind Turbine Blade Facility

Morocco is solidifying its position as a leader in renewable energy with the imminent commencement of operations at its new wind turbine blade production facility. In a significant milestone, Chinese manufacturer Aeolon recently inaugurated the facility in the city of Nador, marking a monumental investment......

Transport Unions Clash with Ministry Overhaul of Trucking Industry Regulations

The enduring conflict between Morocco's largest transportation unions and the Ministry of Transport and Logistics persists, with the unions adamantly opposing proposed reforms to the regulations governing commercial road freight. Central to the disagreement are new stipulations outlined in a pending......

Tangier Med Port Sets New Container Volume Record, Solidifying Position as Mediterranean Leader

The Tangier Med port complex surged ahead in 2023, achieving a milestone by handling 8.6 million containers, equivalent to 95% of its designated capacity, as reported by Hassan Abkari, Managing Director of the Tangier Med Port Authority (TMPA), on Thursday. Abkari highlighted the remarkable feat, stating,......

IFC's $100 Million Investment Fuels Morocco's Economic Growth and Green Transition

The International Finance Corporation (IFC) is making a significant investment in Morocco's economic future, injecting $100 million into Crédit du Maroc to drive small business expansion and facilitate the country's shift towards renewable energy. This financial infusion, equivalent to......

Over 41,000 Moroccans Apply for Government Housing Assistance

The Moroccan government has received over 41,000 requests for financial assistance to buy homes since launching its housing support program on January 1st, spokesperson Mustapha Baitas announced today.  Speaking at a press conference after the weekly Government Council meeting, Baitas revealed......

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