Morocco and Saudi Arabia sign renewable energy cooperation pact

Morocco and Saudi Arabia have formalized an executive program to deepen their partnership in renewable energies and energy efficiency. This agreement builds on recent discussions held in Riyadh during the International Mining Conference from January 13 to 15, 2026. The initiative targets the advancement......

China-led digital currency network hits $55 billion in transactions

The China-led mBridge digital currency platform has processed over $55 billion in cross-border transactions, according to a fresh Atlantic Council report. This marks a 2,500-fold increase in volume since the project's 2022 launch, highlighting surging momentum for alternatives to dollar-dependent......

Oil falls to four year low as global glut deepens

Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......

Yuan strengthens as China advances digital currency expansion

The Chinese yuan exceeded the key threshold of 7 per dollar for the first time since September 2024, signaling renewed confidence in the nation’s currency strategy. The offshore yuan reached 6.9985 against the U.S. dollar on Thursday after the People’s Bank of China (PBOC) set its daily midpoint......

Morocco showcases two decades of industrial progress at UN conference in Saudi Arabia

Morocco’s Industry Minister, Ryad Mezzour, highlighted the country’s remarkable industrial transformation over the last 20 years at the 21st UN Industrial Development Organization (UNIDO) conference held yesterday in Riyadh, Saudi Arabia. His address underscored Morocco’s advancements......

Saudi Arabia's Tadawul index sees slight gains, closed at 11,098

Saudi Arabia's Tadawul All Share Index experienced a modest increase on Tuesday, climbing by 47.67 points, or 0.43 percent, to close at 11,098.80. The overall trading volume reached SR4.32 billion (approximately $1.15 billion), with 120 stocks advancing while 132 saw declines. The MSCI Tadawul Index......

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......

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