Egypt's rental crisis: the end of frozen rents sparks concern for tenants
In a turbulent economic climate, Egypt's rental market is facing a monumental shift as decades-old rent control policies near their end. Since 2021, the Egyptian pound has plummeted by 70% against the dollar, with inflation soaring to a staggering 40%. These conditions have rendered the rental market chaotic, leaving landlords and tenants......
Immigration raids shake Los Angeles: businesses suffer, families live in fear
An intensified wave of immigration raids in Los Angeles is disrupting businesses and upending the lives of migrant families. The crackdown, targeting immigrant workers regardless of their legal status, is drawing stark parallels to the economic and social paralysis last seen during the Covid-19 pandemic. Economic fallout hits immigrant-driven......
Military spectacle and nationwide protests set to collide on Flag Day
The United States is bracing for a day of stark contrasts as a grand military parade celebrating the Army’s 250th anniversary coincides with thousands of protests against the Trump administration. The dual events, both set for June 14, also mark President Donald Trump’s 79th birthday, a detail that further fuels the political and......
Iran warns US, UK, and France: Regional bases at risk over intervention in Israel conflict
Iran has issued a stern warning to the United States, the United Kingdom, and France, threatening to target their military bases and naval assets in the region if they intervene to halt Tehran's ongoing strikes against Israel. The escalation comes amid a second day of intense hostilities between the two nations, with Israel launching its......
Spain’s prime minister faces mounting scandals: A closer look at five corruption probes
Spanish Prime Minister Pedro Sánchez, one of Europe’s longest-serving leaders, is under pressure as a series of corruption investigations target his close associates, including his wife, brother, a former minister, and members of his political circle. The cases, spanning from alleged embezzlement to judicial leaks, have sparked......
Schengen at 40: Challenges and transformations for Europe's border-free zone
Four decades ago, a small town in Luxembourg became the birthplace of one of the world’s most ambitious border-free initiatives—the Schengen Agreement. Signed on June 14, 1985, by five European countries, the agreement sought to dismantle internal border checks and enable seamless travel across participating nations. Over the years,......
Morocco’s industrial exports hit $43.8 billion milestone in 2024
Morocco’s industrial sector has achieved remarkable growth, with exports surpassing MAD 398 billion ($43.8 billion) in 2024, accounting for 88% of the country’s total exports. Minister of Industry Ryad Mezzour highlighted this achievement during a discussion session on “Macroeconomic Policies, Investment Climate, and Employment......
Two Moroccan Banks Featured in Forbes Global 2000 List for 2025
Two prominent Moroccan banks, Attijariwafa Bank and Banque Centrale Populaire (BCP), have secured spots in the esteemed Forbes Global 2000 ranking of the world’s largest publicly traded companies for 2025. Attijariwafa Bank, under the leadership of CEO Mohamed El Kettani, ranks 979th globally, boasting remarkable financial figures.......
Roundtable in Rabat celebrates 25 years of strengthened Sino-Moroccan relations
Morocco and China marked 25 years of deepened bilateral relations during a roundtable discussion held in Rabat. The event, organized by Dar Attaouhidi and hosted at Librairie les Étoiles, brought together key figures such as Chinese Ambassador Li Changlin, Moroccan sinologist Nasser Bouchiba, and Confucius Institute Director Karima......
Four Moroccan referees selected for Women’s AFCON
The Confederation of African Football (CAF) has appointed four Moroccan women to the officiating crew for the Women’s Africa Cup of Nations (WAFCON) Morocco 2024, scheduled from July 5 to 26. Central referees Bouchra Karboubi and Sabah Sadir will be joined by assistant referees Fathia Jermoumi and Ihssane Nouajli in a record officiating......
Brahim Díaz remains at Real Madrid despite signing of Franco Mastantuono
Xabi Alonso has assured Brahim Díaz that he will not be leaving the club this season. The new manager communicated directly to Díaz that he is an integral part of the team's plans, despite the recent signing of 17-year-old Argentine talent Franco Mastantuono. Mastantuono has gained attention in Argentina, notably after scoring......
Morocco reports high-grade copper findings at BMR property near Ouarzazate
Morocco Strategic Minerals Corporation has announced significant discoveries from its recent sampling program at the BMR copper-gold property located southeast of Ouarzazate. The program, completed in May, focused on a prominent mineralized structure covering approximately 9 km². The BMR property features a subvertical mineralized structure......
Spanish PM apologizes after senior official resigns amid corruption probe
Spanish Prime Minister Pedro Sánchez issued an apology to citizens on Thursday, asserting that he knew "absolutely nothing" about the corruption case that led to the resignation of Santos Cerdán, a senior member of his socialist party (PSOE). Sánchez rejected calls for his own resignation over the incident, which......
GCC Reaffirms Commitment to Morocco's Sovereignty Over Sahara
The Gulf Cooperation Council (GCC) has reaffirmed its steadfast support for Morocco's sovereignty over the Sahara region during the UN Special Committee on Decolonization (C-24) session in New York, held from June 9 to 20. This declaration reflects the GCC's long-standing position and highlights the strategic partnership between Morocco......
Naver collaborates with Nvidia and Nexus to establish AI data center in Morocco
Korean company Naver has announced a partnership with Nvidia and Nexus to construct an AI data center in Morocco. This collaboration aims to provide sovereign AI computing services across Europe, the Middle East, and Africa. The data center will have a total capacity of 500 megawatts, with the first phase covering a 40-megawatt facility that......