CDG Invest Management, through its Nama Fund I, has made a strategic investment in Plastics & Plating, a subsidiary of the SOYAPAR holding group. The move is part of Morocco’s broader efforts to modernize its industrial infrastructure and enhance technological integration in key sectors, particularly......
China’s property market faces fresh doubts as state-backed developer China Vanke seeks bondholder approval to delay repayment on a 2 billion yuan ($282.6 million) onshore bond due December 15. This request marks the first public extension for Vanke, a household name with projects across China’s......
China’s industrial profits fell by 5.5 percent in October compared to the same month last year, marking a significant reversal after two months of strong growth. The drop highlights the persistent economic challenges faced by the country’s industrial sector, despite eased trade tensions with......
At the 17th edition of the Medays International Forum in Tangier, digital innovation took center stage as Moroccan startups showcased their latest solutions. During the four-day event, Amal El Fellah Seghrouchni, Minister Delegate to the Head of Government in charge of Digital Transition and Administrative......
During the panel “Industrial Transformation & Value Chains: Competing on the Global Stage” at the 17th Medays International Forum, held in Tangier from 26 to 29 November 2025 under the High Patronage of HM King Mohammed VI, Nassim Belkheyat, founder of Neo Motor, outlined a bold vision......
Alphabet shares climbed to unprecedented heights following reports that Google’s latest AI advancements and chip technology are disrupting Nvidia’s dominance in the artificial intelligence hardware space. The surge comes amid growing investor enthusiasm fueled by the......
Bank Al-Maghrib (BAM) has announced a significant reduction in the rate of counterfeit banknotes in circulation for 2024, marking a major achievement in Morocco’s ongoing efforts to combat counterfeiting. The rate dropped to 1.5 counterfeit notes per million banknotes, a considerable improvement......
Morocco’s Ministry of Tourism has announced a significant expansion of its Tourism Project Bank, which now includes over 900 initiatives spanning 60 provinces. Initially launched with 200 projects, the initiative aims to transform Morocco into a global tourism destination by fostering investment......
Morocco’s cybersecurity industry is undergoing rapid growth, driven by an escalating wave of cyber threats, widespread digital adoption, and significant public and private investments to bolster the nation’s digital infrastructure. A recent report by Ken Research titled “Morocco Cybersecurity......
Morocco has officially opened the first pan-African coffee center at the Tanger Med port complex, positioning itself as a vital link for African coffee exports to Europe, the United States, and Asia. This initiative marks a significant transformation in the coffee trade landscape, aiming to dismantle......
Russia is evaluating a rescue package for its state-owned rail company, Russian Railways, which faces an overwhelming debt burden of 4 trillion roubles ($51 billion). The company, the country’s largest commercial employer with 700,000 staff, has seen revenue decline amid a slowdown in the wartime......
Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented......
Serbia’s only oil refinery, operated by the Russian-majority-owned Petroleum Industry of Serbia (NIS), has stopped processing crude oil due to halted supplies caused by US sanctions. The sanctions, which took full effect on October 8 following multiple postponements, have led to banks ceasing payment......
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