Economy
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......
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......
Chinese electric vehicle (EV) manufacturer Seres Group is set to launch one of Asia's largest tech IPOs of 2025, aiming to raise up to $1.7 billion in Hong Kong. The move underscores the company’s strategic partnership with Huawei and its ambitions to fund global expansion and technological......
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 has achieved a historic milestone in its onion exports during the 2024-2025 season, reaching record volumes following the lifting of export restrictions to West Africa. According to data from the specialized platform EastFruit, the country exported 64,900 tons of fresh onions between June 2024......
Morocco has become a founding member of the newly launched Future of Investment and Trade Partnership (FIT), a coalition of 14 nations aimed at strengthening the global trade influence of small and medium-sized economies. The initiative, formalized during a virtual ministerial meeting on September 16,......
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......
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......
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......
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......
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......
Morocco’s fresh onion exports reached unprecedented levels in the 2024/25 season, following the removal of restrictions that had significantly curtailed trade the previous year. Between June 2024 and May 2025, the country exported 64,900 metric tons of fresh onions valued at $238 million, nearly......
For $105,000, individuals can secure citizenship in Nauru, a small island nation in Micronesia, Oceania. This "golden passport" initiative, launched on August 7, aims to trade citizenship for investments to combat climate change. However, the program has seen limited interest, with only six......
