Morocco VAT fraud estimated at 12.9 billion dirhams annually
Morocco faces a large and persistent loss of public revenue linked to value added tax fraud, estimated at around 12.9 billion dirhams per year. The figure reflects a system in which fraudulent refund claims continue to exploit structural weaknesses in tax administration and corporate reporting. Public finance experts describe the phenomenon......
Moroccan tomato exports to Finland hit historic record
Morocco’s tomato exports to Finland reached a historic level during the 2025/2026 season, marking a significant expansion of the country’s presence in Nordic food markets. Between July 2025 and February 2026, shipments totaled around 2,200 tonnes, representing a doubling compared with the previous season and generating nearly six......
European stocks fall as Gulf tensions fuel inflation fears
European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move, as investors reassessed interest rate expectations......
Morocco and Liberia expand security cooperation framework in Rabat
Morocco and Liberia have signed a new bilateral security agreement aimed at strengthening police cooperation and expanding coordination on transnational crime, counterterrorism, and border security. The deal was concluded in Rabat between Abdellatif Hammouchi, head of Morocco’s national police and domestic intelligence services, and......
Linus Torvalds warns AI bug reports are overwhelming Linux security teams
Linus Torvalds has warned that artificial intelligence generated bug reports are overwhelming the Linux kernel security process, creating a flood of duplicate submissions that consume maintainers’ time and slow down actual software fixes. The criticism came during the announcement of the fourth release candidate of Linux kernel 7.1,......
Global bond rout deepens as war driven inflation reshapes rate outlook
A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns that central banks may abandon plans for......
Moroccan fuel stations raise concerns over delivery irregularities
Morocco’s National Federation of Service Station Owners, Traders and Managers has raised concerns over alleged irregularities in fuel deliveries to several stations across the country after reporting a significant diesel shortage during the unloading of a tanker truck. In a statement issued on May 15, the federation said one station......
Morocco launches national logistics support tour for small businesses
Morocco’s Agency for Logistics Development and Maroc PME have launched the first stage of the “PME Supply Chain” program, marking the beginning of a nationwide campaign aimed at strengthening logistics and transport small and medium sized enterprises across the country. The initiative seeks to improve the competitiveness......
Silver price falls as India restricts imports and Fed rate fears rise
Silver prices extended losses for a third consecutive session, trading near 75 dollars per troy ounce on Monday, as India introduced sweeping import restrictions and expectations of a possible Federal Reserve rate hike strengthened the US dollar. The combined pressure erased earlier gains from a rally earlier in the month when silver briefly......
Dolidol names Morocco football coach Mohamed Ouahbi as brand ambassador through 2030
Dolidol, the Casablanca-based industrial group and one of Africa's leading manufacturers of foam and bedding products, has signed a four-year partnership with Mohamed Ouahbi, head coach of the Moroccan national football team, designating him as the group's official brand ambassador through the end of 2030. The announcement, made in......
Marrakech crowns emerging architect with Jardin Majorelle Prize for temporary pavilion design
The Fondation Jardin Majorelle has announced the laureate of its second Fondation Jardin Majorelle Prize, a prestigious architecture competition dedicated exclusively to young Moroccan talent, awarding the top distinction to Salsabil El Ouazzani for her project titled "Nouala, the Moving Shelter." The announcement was made on May......
Pakistan delivers new Iran peace proposal as US talks stall
Pakistan has delivered a revised Iranian peace proposal to the United States in an effort to restart stalled negotiations over the Middle East conflict. The move comes as diplomatic channels between Tehran and Washington remain gridlocked, with both sides accused of repeatedly shifting their conditions for a potential agreement. A Pakistani......
Human intern narrowly beats Figure AI robot in contest
A human intern has narrowly defeated a humanoid robot in a 10 hour warehouse sorting competition organized by Figure AI. The event tested repetitive logistics work involving barcode scanning and parcel placement. The human participant finished ahead by 192 packages, despite both competitors operating at near identical speeds across the full......
Anglo American sells Australian coal mines for up to 3.88 billion dollars
Anglo American has agreed to sell its Australian steelmaking coal mines to private UK based miner Dhilmar Limited in a deal valued at up to 3.875 billion dollars in cash. The transaction marks the completion of the company’s exit from coal and forms part of a wider strategic shift toward copper as its core growth driver. The agreement......
GTA 6 pre order date passes without official announcement from Rockstar Games
A widely circulated marketing email suggesting that preorders for Grand Theft Auto 6 could open on 18 May triggered a sharp market reaction before the date passed without any official confirmation. The email, linked to an affiliate campaign tied to a major US retailer platform, indicated a promotional window running from 18 to 21 May and included......