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......

Morocco attracts major British group to support strategic industries

The British company PowerForce Global, specialized in industrial maintenance solutions and human resources management in the energy sector, has officially launched its operations in Morocco as part of its expansion strategy in North Africa. According to reports by The Telegraph, the move reflects growing......

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 ranks 58th in global crypto adoption, with strong usage but weak regulation

Morocco has been ranked 58th in the 2025 World Crypto Rankings, a comprehensive assessment by Bybit and DL Research that evaluates crypto adoption across 79 countries. The study uses 28 indicators and 92 data points to analyze four key areas: user penetration, transactional use, institutional readiness,......

Morocco now roadshow reaches Germany

The Moroccan investment and export initiative Morocco Now has arrived in Germany as part of a multi-city economic roadshow running from December 8 to 12. The tour aims to promote Morocco’s global investment offer and strengthen its visibility among major economic partners. Led by Karim Zidane,......

Morocco and Germany explore ways to strengthen an already promising bilateral partnership

Morocco and Germany are seeking to deepen their strategic partnership as senior officials from both countries met in Berlin to discuss new areas of cooperation and investment. The talks brought together Karim Zidane, Morocco’s Minister Delegate in charge of Investment, and Reem Alabali-Radovan,......

The UAE turns to artificial intelligence to diversify its oil-driven economy

The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......

BlackRock foresees record AI infrastructure boom propelled by hyperscaler investments

Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......

Morocco becomes the third-largest Arab client of Turkey in 2025 with imports valued at 36.3 billion dirhams

Morocco ranked as Turkey’s third-largest Arab customer during the first ten months of 2025, according to official data released by Türkiye’s Statistical Institute (TURKSTAT). Between January and October, Moroccan imports of Turkish goods reached an estimated 3.63 billion USD, or 36.3......

Security forces intercept drone near key gas field in Iraq's Kurdistan

Iraqi Kurdish security forces opened fire on a drone approaching the Khor Mor gas field late Sunday, according to security sources. The incident occurred in the Kurdistan region, where the gas field is one of the largest and most strategically important in Iraq. The drone was intercepted before it could......

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......

EU approves Adnoc's €14.7 billion acquisition of German chemical giant Covestro

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......

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......

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