As African nations and the United States gather in Luanda, Angola, for the US-Africa Business Summit, Morocco emerges as a central figure in advancing triangular cooperation and fostering deeper African integration. This leadership role, guided by King Mohammed VI, positions Morocco as a dynamic force......
Spanish airline Iberia has unveiled plans to expand its long-haul fleet from 45 to 70 aircraft, enabling the carrier to increase flight frequencies and introduce new routes across North and South America. The announcement marks a significant step in Iberia’s strategy to strengthen Madrid's......
Ryanair reported a 16% drop in annual profit, amounting to €1.61 billion ($1.8 billion) for the fiscal year ending in March, according to its latest earnings release. Despite this, the airline saw a modest 4% increase in total revenue, reaching €13.95 billion. Passenger traffic grew significantly,......
The "Choose France" business summit this year is expected to attract €37 billion ($41.35 billion) in total investments, according to Finance Minister Eric Lombard. The event focuses on encouraging major international companies to invest in France, with €20 billion allocated to new......
U.S. President Donald Trump announced a series of commercial agreements exceeding $200 billion between the United States and the United Arab Emirates. Among the major deals was a $14.5 billion agreement involving Boeing, GE Aerospace, and Etihad Airways, as confirmed by the White House. Etihad Airways,......
During a visit to Doha, U.S. President Donald Trump announced that Qatar Airways had placed a record-breaking order for 160 Boeing aircraft, marking a major milestone for the American aerospace firm. The White House confirmed that this is the largest order ever for Boeing's wide-body jets. According......
Japanese tech conglomerate SoftBank has reported a net profit of $7.8 billion (1.15 trillion yen) for the fiscal year ending March 2025, marking a strong turnaround from a net loss of 227 billion yen in the previous year. This marks SoftBank’s first full-year profit since the 2020–2021 fiscal......
Morocco is set to advance its defense capabilities significantly through a strategic partnership with the United States that will allow the North African country to produce F-16 fighter jet components. According to a document published in the US Federal Register on April 29, Morocco has officially joined......
Volkswagen's net profit for the first quarter of the year decreased by 40.6 percent, dropping to €2.19 billion ($2.49 billion). Despite this, the company saw a 3 percent increase in revenue, which reached €77.56 billion. The 10-brand conglomerate, which includes Audi, Skoda, and Porsche,......
AstraZeneca is relocating part of its manufacturing operations to the United States in response to the potential imposition of tariffs on pharmaceutical imports. Chief Executive Pascal Soriot reaffirmed the company’s strong commitment to expanding in the U.S., noting a 30% increase in first-quarter......
In the realm of international agribusiness, few figures exemplify the blend of cultural heritage and global expertise as effectively as Adil Benjelloun. Currently serving as Vice President of MEFSCO, a strategic partnership between the American agricultural powerhouse Cargill and Saudi Arabia's leading......
The Moroccan-American Network recently hosted the ninth edition of the Small Business Summit 2025 in Alexandria, Virginia, a vibrant event that brought together entrepreneurs, officials, and business leaders from both Morocco and the United States. The summit aimed to bolster economic ties between the......
Rodney McMullen, CEO of American retail giant Kroger, has stepped down following an internal investigation into his conduct. The company announced that his actions did not align with its ethical policies, as reported by CNN. Kroger’s board launched the inquiry last month after receiving information......
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