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A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's April 6 analysis shows Asia's spot......
Italian banking group UniCredit has highlighted potential risks linked to its planned expansion involving Commerzbank, warning that uncertainty surrounding a possible integration could lead to the loss of key staff and clients. UniCredit, which already holds a significant stake in the German lender, is seeking to deepen its position as part......
Italy has reaffirmed its commitment to longstanding defense agreements with the United States while firmly rejecting claims that such cooperation places the country at war with Iran. The statement comes amid growing international tensions and political debate over the use of US military bases located on Italian soil. Italian Defense Minister......
Finance ministers from Germany, Italy, Spain, Portugal, and Austria have urged the European Commission to introduce an EU-wide windfall tax on energy companies, as fuel prices surge בעקבות geopolitical tensions. In a joint letter dated April 3 and addressed to climate commissioner Wopke Hoekstra, the ministers proposed a coordinated......
Eni announced Tuesday a gas and condensate discovery off the coast of Egypt estimated at approximately 2 trillion cubic feet of gas in place. The find is the latest in a series of Mediterranean discoveries by the Italian energy company, which also includes a separate 1 trillion cubic foot discovery off the Libyan coast last month. The Egyptian......
Italian fashion house Valentino announced on Tuesday that an Italian court has lifted early the special administration imposed on one of its units over labor practices involving Chinese-owned subcontractors. The court initially placed Valentino Bags Lab under judicial administration in May 2025 after reports that some subcontractors exploited......
Marrakech will host Morocco Fashion Week 2026 from April 15 to 20, bringing together emerging designers, international labels and digital creators. The event positions Morocco’s fashion industry within global debates on sustainability and social responsibility. Organizers plan more than 50 runway shows alongside virtual experiences,......
At least 32 migrants have been rescued in the central Mediterranean near Italy, while dozens more are feared dead after a boat attempting to reach Europe encountered distress at sea, according to humanitarian organizations. The incident occurred over the Easter weekend, when two commercial vessels responded to an emergency situation and assisted......
Italy’s Prime Minister Giorgia Meloni appointed Gianmarco Mazzi as the new tourism minister on Friday, following her government’s setback in a recent judicial reform referendum. Mazzi, previously the culture undersecretary, succeeds Daniela Santanchè, who resigned amid ongoing legal proceedings related to a publishing company......
The European Central Bank has warned that banks across the euro area must prepare for tighter liquidity conditions as excess reserves decline rapidly. In a blog post published on April 2, the ECB said nearly half of the banking system will soon operate close to minimum reserve comfort levels. Central bank reserves have dropped sharply from......
Italy’s competition authority has imposed a significant fine on Revolut over alleged unfair commercial practices, highlighting increasing scrutiny of the fast-growing fintech sector. The regulator stated that several entities within the Revolut group were penalized for providing potentially misleading information regarding investment......
At least 19 migrants have been found dead on a boat off the coast of Lampedusa, underscoring the persistent dangers of crossing the central Mediterranean. The discovery was made during a rescue operation carried out by Italian coast guards in waters between Italy and Libya. Several survivors, including children, were rescued and treated for......
European Union authorities could temporarily relax rules requiring member states to keep budget deficits below 3% of GDP if the Middle East conflict persists, Italy’s EU Affairs Minister Tommaso Foti said on Wednesday. Foti explained that the EU Council might act in response to prolonged crises, particularly as European countries face......
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GITEX Africa: The New Frontiers Of African Innovation
Monday 06 - 13:04
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Les Impériales Week 2026: Under the Theme “Daba or Never”
Tuesday 31 March 2026 - 10:03
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Iran under the lens
Tuesday 13 January 2026 - 08:30
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AFCON 2025: Morocco at the heart of African football
Friday 19 December 2025 - 11:16
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Walaw at the Heart of the Mawazine Festival – Rhythms of the World 2025
Saturday 21 June 2025 - 15:48
