Mehdi Tazi urges Moroccan diaspora shift to productive investment
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive investment that supports long term......
Morocco’s dam reserves climb to nearly 76 percent capacity
Morocco’s dam system reached a total filling rate of 75.94 percent at the end of May 2026, reflecting a strong recovery in national water reserves after a period of water stress. The country now holds 12.93 billion cubic meters of water out of a total storage capacity of 17.03 billion cubic meters, according to official water management......
BTR New Material expands Morocco ambitions with major industrial projects
BTR New Material Group has reported significant progress on its industrial projects in Morocco, strengthening the country’s position as a regional center for green industries and electric mobility technologies. The company said the steady implementation of its projects reflects growing confidence in Morocco’s industrial ecosystem......
Morocco maintains stable position in Africa’s tech investment market
Morocco continued to consolidate its role in Africa’s technology investment sector in 2025, maintaining stable funding levels while several emerging African startup markets suffered major declines. The country raised $80 million through 29 transactions, placing it among the continent’s most resilient secondary technology markets......
Buterin defends Ethereum Foundation neutrality amid token price criticism
Ethereum co founder Vitalik Buterin pushed back against growing criticism directed at the Ethereum Foundation on May 24, defending the organization’s commitment to neutrality, censorship resistance and long term protocol development rather than short term market support for the ETH token. His remarks come as debates intensify within......
Japan and South Korea face worsening naphtha shortages amid Hormuz disruption
Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after Iran effectively shut the strategic waterway......
Palestinian death toll surpasses 900 during Gaza ceasefire
An Israeli airstrike early Sunday hit a residential building in the al-Nuseirat refugee camp in central Gaza, killing a father, mother and their young child, according to hospital officials and Palestinian media reports. The attack marked another deadly incident during a ceasefire period that has continued to see repeated violence despite......
Ukraine demands urgent UN meeting after massive Kyiv strike
Ukraine has requested an emergency session of the United Nations Security Council and a joint meeting of the OSCE security cooperation forum following one of the largest Russian aerial attacks on Kyiv since the start of the war. The overnight assault on 23–24 May killed at least four people and injured more than 100 across the country,......
Xi Jinping backs Pakistan mediation in US Iran war talks
Chinese President Xi Jinping met Pakistani Prime Minister Shehbaz Sharif in Beijing on Monday, with discussions focused on diplomatic efforts to end the ongoing conflict between the United States and Iran. The meeting highlighted China’s support for Pakistan’s continued role as an intermediary in a war that has disrupted global......
Ferrari unveils Luce as its first fully electric supercar
Ferrari has introduced its first fully electric vehicle, the Luce, at a dedicated event in Rome, marking a major milestone in the Italian manufacturer’s 78-year history. The launch signals a strategic shift for a brand long defined by high-revving combustion engines and motorsport heritage. The Luce, meaning “light” in Italian,......
Oil and gas shipping resumes in Strait of Hormuz
Commercial maritime traffic carrying crude oil and liquefied natural gas has begun to move again through the Strait of Hormuz after months of severe disruption. The passage of several tankers marks the clearest sign yet of a partial recovery in one of the world’s most sensitive energy corridors following prolonged instability in the......
EU coalition urges tougher trade measures against China
France, Italy, Spain, the Netherlands and Lithuania have jointly called for stronger European Union action against China’s trade practices, intensifying pressure on Brussels to adopt tougher tools to protect European industry. The coordinated stance adds momentum to a broader policy shift under discussion inside EU institutions aimed......
Kostyuk wins Roland Garros match amid Kyiv missile strike tension
Marta Kostyuk advanced to the second round at Roland Garros after defeating Oksana Selekhmeteva 6-2, 6-3 in a first-round match played under heavy emotional strain. The Ukrainian player extended her strong clay-court run this season, but the result came in the shadow of urgent news from her home country. Shortly before stepping on court,......
Bitcoin surge above 78000 triggers 180 million shorts liquidation
Bitcoin surged past the 78,000 dollar level in a sharp upward move that triggered one of the fastest short liquidations in recent weeks. Around 180 million dollars in short positions across crypto derivatives markets were wiped out within roughly 30 minutes, as traders betting on a price decline were caught off guard by the rapid spike. The......
Africa receives only a tenth of required climate finance
Africa faces a widening gap between climate commitments and available funding. A new policy analysis by Harrison Rehoboth Consulting, based on data from the Climate Policy Initiative, estimates that the continent needs about 2.8 trillion dollars between 2020 and 2030 to meet its Paris Agreement goals. That equals roughly 277 billion dollars......