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Economy



Saudi Arabia and US deepen economic ties with focus on tech and energy

Economic cooperation between Saudi Arabia and the United States is expanding across diverse sectors, including traditional and renewable energy, advanced technology, artificial intelligence, and cloud computing. This partnership aims to drive growth and investment, with deepening coordination in cybersecurity,......

Morocco solidifies position as top Arab destination for renewable energy investment

Morocco has emerged as one of the leading markets for renewable energy investment in the Arab region, according to a recent report by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The study, which spans the period from 2003 to 2024, highlights the country's consistent performance......

Morocco’s startups show resilience as MENA funding drops 77%

Despite a sharp decline in regional startup funding, Morocco’s ecosystem has remained stable, securing its fourth-place position in the MENA region. The North African country raised $12.3 million across three deals in October, nearly matching its September performance of $13 million, even as overall......

Saudi group to invest MAD 250 million in Tangier's new Mediterranean City tourism hub

Morocco’s Ministry of Tourism has partnered with Saudi Arabia’s Naif Al Rajhi Investment Group to launch a major tourism project in Tangier, known as the "Mediterranean City." This initiative is part of Morocco's 2023-2026 tourism roadmap and aims to transform Tangier into a......

Saudi Arabia strengthens ties with the US, paving the way for global investors

Saudi Arabia’s ambassador to the United States, Princess Reema bint Bandar, has described the relationship between Riyadh and Washington as the strongest it has ever been, urging global investors to view the Kingdom as a gateway to the Middle East. Speaking at the America Business Forum in Miami,......

Saudi Arabia navigates delicate ties as US sanctions test OPEC+ unity

Saudi Arabia is facing a critical diplomatic balancing act as escalating US sanctions on Russia's oil industry strain the fragile cohesion of the OPEC+ alliance. This comes just weeks ahead of a crucial White House meeting between Saudi Crown Prince Mohammed bin Salman and US President Donald Trump,......

OIC appoints Morocco as vice-president of SME network in Baku

Morocco has been appointed vice-president of the Small and Medium Enterprises Network of the Organisation of Islamic Cooperation (OIC-SMENET), marking a new milestone in its commitment to supporting entrepreneurship and economic cooperation across the Islamic world. The announcement was made by the National......

Morocco and Saudi Arabia strengthen trade and industrial ties with new deal

Morocco’s Minister of Industry and Trade, Ryad Mezzour, and Saudi Arabia’s Minister of Investment, Khalid Al-Falih, reaffirmed on Monday in Rabat their commitment to deepen industrial and trade collaboration between the two nations. Speaking to the press after their meeting, Mezzour emphasized......

Akdital posts strong growth in consolidated net profit in H1 2025

The Moroccan healthcare group Akdital recorded consolidated revenues of 2.09 billion dirhams in the first half of 2025, marking a sharp +68% increase compared to June 2024. This growth was mainly driven by the contribution of new facilities opened between 2024 and 2025,......

Morocco strengthens position as top startup hub in MENA despite funding challenges

Morocco continues to assert itself as one of the leading startup ecosystems in the MENA region, maintaining its top-four position in August 2025, even as regional startup funding saw a significant contraction. According to Wamda, investment across the MENA region dropped sharply by 57%, falling from......

Morocco and Saudi Arabia sign agreements to modernize postal and e-commerce sectors

Barid Al-Maghrib and Saudi Post have solidified their partnership through two landmark agreements signed during the 28th Universal Postal Congress in Dubai. These accords aim to advance innovation and growth in postal services and e-commerce, marking a critical milestone in regional collaboration and......

Morocco and the Gulf: forging a strategic economic alliance

In recent years, the relationship between Morocco and the Gulf states has evolved significantly, transitioning from political solidarity to a robust strategic partnership with far-reaching economic and developmental implications. This cooperation, built on mutual trust and shared interests, positions......

Saudi Arabia’s wealth fund embeds AI across operations to redefine investments

Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), announced that artificial intelligence and automation now underpin “every layer” of its operations. This integration is not only reshaping the fund’s investment strategies but also reflecting......

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