US and Israel strike Iran, killing Khamenei and choking global oil routes

The United States and Israel have carried out a coordinated series of strikes on Iran that killed Supreme Leader Ayatollah Ali Khamenei and shattered the country’s senior military leadership, triggering a rapid escalation across the Middle East and severe disruption to global energy and transport......

Gulf states raise oil output as Iran tensions escalate

Major Gulf producers increased oil exports ahead of U.S. and Israeli strikes on Iran, seeking to stabilize global markets in case of supply disruptions. Abu Dhabi National Oil Company (ADNOC) released additional volumes of Murban crude for April delivery, which lowered the grade’s spot premiums......

Binance faces $6 billion weekly outflows as traders shift assets

The world's largest cryptocurrency exchange, Binance, recorded its biggest weekly asset withdrawal since November 10, with over $6 billion exiting the platform in the week starting January 19, 2026. On-chain data tracked by CryptoQuant shows outflows across multiple blockchains and asset types: Bitcoin......

EU, US, and Ukraine near post-war economic prosperity deal

European Commission President Ursula von der Leyen revealed that the European Union, the United States, and Ukraine stand on the brink of sealing a unified Prosperity Framework to steer Ukraine's economic recovery after the war. This breakthrough emerged from an informal EU leaders' gathering......

Morocco attracts major British group to support strategic industries

The British company PowerForce Global, specialized in industrial maintenance solutions and human resources management in the energy sector, has officially launched its operations in Morocco as part of its expansion strategy in North Africa. According to reports by The Telegraph, the move reflects growing......

The UAE turns to artificial intelligence to diversify its oil-driven economy

The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......

BlackRock foresees record AI infrastructure boom propelled by hyperscaler investments

Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......

EU approves Adnoc's €14.7 billion acquisition of German chemical giant Covestro

The European Commission has conditionally approved Abu Dhabi National Oil Company's (Adnoc) €14.7 billion acquisition of Covestro, a major German chemical manufacturer. This decision marks one of the most significant foreign takeovers of a European industrial firm by a Gulf state entity, clearing......

Global Food Week 2025 concludes with key partnerships and innovation in Abu Dhabi

The second edition of Global Food Week 2025 wrapped up at the Abu Dhabi National Exhibition Centre (ADNEC), showcasing groundbreaking agricultural advancements, fostering international collaborations, and celebrating excellence across the food and farming industries. Held under the patronage of Sheikh......

Morocco and UAE strengthen security ties during Hammouchi’s visit

Abdellatif Hammouchi, the General Director of Morocco’s Security and Territorial Surveillance (DGSN-DGST), is leading a high-level delegation to the United Arab Emirates (UAE) to enhance security cooperation between the two countries. The visit, which began on Tuesday, reflects the strong bilateral......

Morocco’s $35 billion green hydrogen vision: bold ambitions amid global uncertainty

In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......

UAE cements position as Morocco's top foreign investor with MAD 3.1 billion in 2024

The United Arab Emirates has emerged as Morocco’s largest foreign investor in 2024, injecting MAD 3.1 billion ($310 million) into the economy, according to a report by Morocco’s Office des Changes. This represents 18.9% of Morocco's total net foreign direct investment (FDI), reflecting......

Morocco's AMDIE earns top investment promotion award in MENA region

The Moroccan Agency for Investment and Export Development (AMDIE) has been honored as the Best Investment Promotion Agency in the MENA region during the Annual Investment Meeting (AIM 2025) held in Abu Dhabi. This recognition underscores AMDIE's significant role in promoting investment and exports......

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