Morocco faces shortage of tetanus serum after withdrawal
The healthcare system in Morocco is facing a shortage of tetanus serum across hospitals and pharmacies. The situation follows a preventive withdrawal of all available batches from the market. Emergency services report difficulties in securing the treatment for patients with high-risk injuries. The shortage has raised concern among civil society......
Morocco and eurasian union expand economic cooperation talks in Moscow
The Eurasian Economic Commission and Morocco have moved to reinforce their economic partnership during high-level talks held in Moscow. The meeting brought together Daniyar Imanaliev, minister responsible for integration and macroeconomics within the commission, and Morocco’s ambassador to Russia, Lotfi Bouchaara. Discussions focused......
Morocco temporarily restores soft wheat import duty to protect local harvest
Morocco has reinstated a temporary import duty on soft wheat as authorities move to protect domestic production following a strong agricultural season. The measure targets soft wheat and related derivatives and applies during the peak harvest period. The Customs and Indirect Tax Administration confirmed the reactivation of a 170 percent import......
Bitcoin falls to four-month low amid liquidation surge market
Bitcoin dropped to its lowest level in four months on Tuesday as selling pressure intensified across global crypto markets. The asset fell as much as 7 percent, briefly touching 65,707 dollars, marking its weakest point since early April. The decline unfolded during Asian and European trading sessions on 3 June and accelerated as risk sentiment......
Greek Shipping Magnate proposes Iranian transit fee for Hormuz
Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable fee system would reduce disruption......
Alibaba shares surge after launch of Qwen3.7-Plus AI model
Alibaba launched Qwen3.7-Plus on Tuesday, introducing a multimodal large language model designed to unify visual and language capabilities into a single interactive system. The model is available through an API on Alibaba Cloud’s Model Studio platform and supports integration with OpenAI and Anthropic compatible endpoints. The system......
Qatar and UAE adopt ghost fleet tactics for LNG shipments
Qatar and the United Arab Emirates have begun switching off automatic tracking systems on liquefied natural gas carriers as vessels transit the Strait of Hormuz. The move involves disabling AIS transponders, which normally broadcast a ship’s identity and position, allowing the ships to move with reduced visibility in one of the world’s......
Court rules building managers cannot block elevator parking access over unpaid fees
A court in Nador has ruled that building managers cannot deny residents access to shared facilities such as elevators and parking spaces because of unpaid condominium fees. The decision addresses growing disputes in Morocco over how residential complexes enforce payment of shared maintenance costs. The ruling came from the Nador First Instance......
Tech stocks steady as AI optimism offsets futures dip
US stock futures moved lower after recent record highs in major indices, but technology shares held firm as investor appetite for artificial intelligence continued to support market sentiment. The S&P 500 and Nasdaq 100 had closed at fresh peaks in the previous session, reflecting sustained momentum in equity markets driven by large-cap......
Morocco automotive sales surpass 104,000 vehicles in five months
The Moroccan automotive market continued its upward trajectory in May 2026, confirming sustained demand across both private and commercial segments. A total of 23,037 new vehicles were sold during the month, marking a 2.8 percent increase compared with the same period in 2025. Over the first five months of the year, cumulative sales reached......
US to slash visa processing embassies across Africa to 20
The United States plans to sharply reduce the number of embassies and consulates across Africa authorized to process visas, cutting operations from nearly 50 locations to 20. The decision follows an internal directive approved by senior leadership at the State Department and is expected to be implemented in the coming weeks. Officials familiar......
Morocco mobile payments more than double to MAD 3.9 billion
In Casablanca Morocco, mobile payments expanded sharply over the past year as digital financial services gained wider adoption across consumers and businesses. Total transaction value reached MAD 3.9 billion, more than doubling compared with previous levels. The number of operations increased from 9.7 million in 2023 to 19.7 million in 2025,......
EBRD revises down growth outlook for 2026 amid energy shock
The European Bank for Reconstruction and Development has lowered its growth forecast for the economies in its coverage area for 2026. The institution now expects aggregate expansion of 3.1 percent, a decline of 0.5 percentage points compared with its February projection. The revision reflects the economic impact of rising geopolitical tensions......
Aya Gold and Silver reports high grade results at Zgounder mine
Aya Gold and Silver has announced new high grade silver intercepts from its Zgounder mine in Morocco. The results come from an ongoing drilling program focused on deeper exploration zones and areas surrounding current mining operations. The company said the findings reinforce the continuity of mineralization across the deposit. Recent drilling......
Perplexity unveils hybrid AI system splitting tasks between PCs and cloud
Perplexity has introduced a hybrid inference system that distributes artificial intelligence workloads between personal computers and cloud servers. The company presented the technology at Computex 2026 in Taipei, describing it as an agentic orchestration layer that decides in real time where each AI task should run. The system evaluates......