Morocco elevates water sovereignty as national strategic priority
Morocco has placed water sovereignty at the center of its long-term development agenda, framing water management as a core element of national resilience. Officials underlined that water policy now extends beyond technical resource allocation and sits within broader questions of economic stability, food security, and territorial cohesion.......
Morocco expands logistics network to boost trade exports
Morocco is advancing a national strategy to modernize its logistics system and strengthen its role as a trade gateway between Europe, Africa and Atlantic markets. The plan focuses on digital transformation, port expansion and the creation of new maritime routes to improve the speed and efficiency of goods movement. Authorities are prioritizing......
Morocco targets trade and tech growth ahead 2030 World Cup
Morocco is using preparations for the 2030 FIFA World Cup as a driver of economic transformation, aiming to attract investment, accelerate technology transfer, and expand industrial capacity. The strategy builds on growing international interest, with the United Kingdom emerging as a key partner in trade and business development. Officials......
Iranian strike shuts Kuwait airport and halts commercial flights
A drone and missile attack struck a passenger terminal at Kuwait International Airport early Wednesday, injuring several people and forcing authorities to suspend all commercial air traffic. The incident marked one of the most serious attacks on civilian infrastructure in Kuwait since regional tensions escalated in recent months. Kuwait's......
Kuwait condemns Iranian missile and drone attacks
Kuwait's Cabinet issued a strong condemnation on Tuesday of what it described as repeated Iranian missile and drone attacks targeting Kuwaiti territory. The government called the incidents dangerous provocations and reaffirmed Kuwait's right to defend its sovereignty and protect its population and critical infrastructure. The statement......
Gulf sovereign funds deploy 25 billion dollars amid Iran war shock
Global sovereign wealth funds from the Gulf continued heavy investment activity despite the escalation of war involving Iran. A new sector report covering the March to May period shows that public investors across Gulf Cooperation Council states executed around 25 billion dollars in global transactions. The pace matched or exceeded prewar......
Fuel rationing spreads from Crimea to Moscow amid drone strikes
Fuel restrictions have expanded closer to Russia’s capital as pressure mounts on the country’s energy infrastructure during an intensified wave of Ukrainian drone strikes. Stations in New Moscow have introduced purchase limits on gasoline and diesel, marking the most visible sign yet that supply disruptions are moving beyond peripheral......
Global markets rise as artificial intelligence optimism drives rally
Global equity markets advanced on Tuesday as renewed enthusiasm for artificial intelligence outweighed persistent geopolitical uncertainty linked to stalled US Iran diplomatic engagement. Europe’s STOXX Europe 600 index gained about 0.7 percent, reflecting broad investor appetite for risk assets tied to technology. Sentiment strengthened......
Moulay Hafid Elalamy takes control of Swedish bank stake
Moroccan businessman Moulay Hafid Elalamy has taken 92.3 percent control of Arktika Capital AB, a Sweden based licensed credit institution focused on distressed debt. His son, Moulay Mhamed Elalamy, has been appointed chief executive officer of the company. The stake is held through a network of investment vehicles linked to Saham Group.......
Police in Fes seize 691 kilograms of cannabis resin
Police in Fes arrested two suspects on Tuesday at dawn after intercepting a major drug shipment linked to a trafficking network operating across northern regions of the country. The operation was carried out following coordinated intelligence efforts aimed at tracking organized criminal activity connected to narcotics distribution. Officers......
GNV expands Morocco routes with two new ferries
Grandi Navi Veloci has reinforced its maritime network linking Europe and Morocco by deploying two of its newest LNG-powered vessels on key Mediterranean routes. The move comes ahead of the summer travel peak linked to the annual operation facilitating mobility for millions of Moroccan residents in Europe between June and mid-September. The......
Morocco reduces illiteracy but structural gaps persist nationwide
Morocco continues to lower its illiteracy rate, yet the phenomenon remains deeply rooted in society. The National Agency for the Fight against Illiteracy reports a national rate of 24.8% among people aged 10 and above, based on the 2024 population census. This means nearly one in four individuals still lacks basic reading and writing skills......
Astronomers directly observe protoplanetary disk rotation for first time
For the first time, astronomers have directly observed the rotation of a protoplanetary disk, capturing a sequence of images over four years that reveals the motion of gas and dust surrounding the young star AB Aurigae. The observations provide an unprecedented view of the environment where planets form and evolve. The research, published......
Morocco faces defining test as AI reshapes employment landscape
Artificial intelligence is steadily becoming part of economic activity across the Arab world, reshaping workplaces, skills requirements and labor market dynamics. Morocco is emerging as a country in transition, seeking to integrate AI into key sectors while addressing longstanding structural challenges that continue to affect employment and......
Gold overtakes US Treasuries as top global reserve asset
Gold has surpassed U.S. Treasury securities to become the world's largest reserve asset, marking a major shift in global reserve management as central banks respond to geopolitical uncertainty and a prolonged surge in bullion prices. The European Central Bank reported that gold accounted for 27% of total official foreign exchange reserves......