Asian markets fall as Iran rejects us ceasefire proposal

Asian stock markets declined and oil prices rose on Thursday after Iran rejected a US-backed ceasefire proposal, dimming hopes for a swift resolution to the conflict now entering its fourth week. Japan’s Nikkei 225 slipped 0.3 percent, while South Korea’s Kospi dropped 1.9 percent. Hong Kong’s Hang Seng fell 1.4 percent......

Egypt to pay $1.3 billion in oil company arrears by June

Egypt has announced plans to settle $1.3 billion in arrears owed to international oil companies by June, accelerating its previous repayment schedule. The move is aimed at restoring investor confidence and boosting domestic energy production. Egypt had accumulated around $6.1 billion in unpaid balances by mid-2024, largely due to a prolonged......

Morocco bets on AI to strengthen agriculture and growth

Morocco is moving to connect its artificial intelligence strategy with agriculture as it seeks to protect economic growth from climate shocks and lift productivity in a sector that remains central to national output. Official projections from the High Commission for Planning show gross domestic product growth reaching 5% in 2026 after 4.7%......

Egypt introduces five-year multiple-entry visa for Moroccan citizens

Egypt has introduced a new five-year multiple-entry visa for Morocco citizens, allowing them to travel to the country as often as they wish within a five-year period. Each stay under this visa can last up to 90 days, according to statements from Ahmed Abdel-Latif, who announced the new measure in Rabat on Friday. The initiative aims to facilitate......

Morocco ranks among Africa’s top aviation markets as Royal Air Maroc strengthens its position

The aviation sector in Morocco continues to expand rapidly, with the country emerging as one of the most dynamic air transport markets on the African continent. Recent industry analyses indicate that Morocco now ranks among the leading aviation markets in Africa while its national carrier, Royal Air Maroc, is consolidating its place among......

Middle East conflict and rising oil prices weigh on Transavia operations

The ongoing conflict in the Middle East and the recent surge in global oil prices are significantly affecting the operations of Transavia, the low-cost airline belonging to the Air France-KLM group. Company executives say the situation is creating both operational and financial challenges for the airline. Transavia currently operates several......

Ancient Egyptians used early white correction paint on papyrus manuscripts

Researchers at the Fitzwilliam Museum in Cambridge have discovered that artisans in ancient Egypt used a primitive form of white correction paint to fix mistakes on papyrus manuscripts, revealing a surprisingly familiar editing practice more than three thousand years old. The finding emerged as museum staff prepared one of the best preserved......

Oil above $100 fuels surge in global agricultural prices

Agricultural markets rose sharply Monday as crude oil prices climbed above $100 per barrel, driven by the escalating conflict involving Iran and disruptions to energy supply routes. The surge in oil prices has triggered ripple effects across global food markets, increasing fertilizer costs and boosting demand for crop-based biofuels. Futures......

Morocco emerges as key partner in EBRD green transition strategy for 2026–2030

The European Bank for Reconstruction and Development has approved its new Green Economy Transition strategy (GET) for 2026–2030, aiming to mobilize at least €150 billion in green financing to accelerate climate-related investments across its regions of operation. Among the countries highlighted in the plan, Morocco stands out as......

Middle East Airlines updates weekend flight schedule amid ongoing regional conflict

Middle East Airlines (MEA), Lebanon’s national carrier, has released an updated flight schedule for the weekend as tensions continue to escalate in the Middle East. The announcement comes roughly a week after the outbreak of a new phase of hostilities in the region. Despite the volatile security situation, Lebanon’s main aviation......

Green hydrogen positions Morocco at the center of emerging energy geopolitics

Green hydrogen is rapidly emerging as one of the most strategic resources shaping the global economy in the coming decades. Beyond serving as a clean alternative to fossil fuels, it is becoming a key instrument in geopolitical competition and a factor redefining global energy markets. In this shifting landscape, Morocco is increasingly viewed......

Ethiopia’s multibillion dollar Bishoftu hub aims to reshape African aviation

About forty kilometres south of Addis Ababa, Ethiopia has begun building one of the most ambitious aviation projects ever attempted on the continent: Bishoftu International Airport, a new mega hub designed to anchor the future growth of Ethiopian Airlines and entrench the country’s role as Africa’s main gateway. At a groundbreaking......

Morocco tests digital dirham for cross-border payments

Morocco has begun cautious but concrete trials of a central bank digital currency, as Bank Al‑Maghrib pilots a digital dirham for peer‑to‑peer and cross‑border transactions. Governor Abdellatif Jouahri has described the initiative as a strategic, gradual shift in payment infrastructure, supported by analytical work conducted with the......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.