Stellantis opens circular economy dismantling center in Casablanca, a global third site
Stellantis has inaugurated a new automotive dismantling facility in the Aïn Sebaâ district of Casablanca, making Morocco the first country in the Africa and Middle East region to host such an installation for the group. The site operates under Sustainera, the Stellantis entity dedicated to repair, reuse, remanufacturing, and recycling,......
In-laws and finances drive divorce rates in Morocco, new national survey finds
Marital breakdowns in Morocco stem from a combination of couple conflict, financial hardship, and family interference, according to the 2025 National Family Survey conducted by the High Commission for Planning. The study sheds light on the multiple pressures bearing on Moroccan households and reveals that the role of extended family, particularly......
Morocco's automotive exports hit $4.57 billion with 12% growth in early 2026
Morocco's automotive sector exports reached approximately MAD 42 billion, equivalent to $4.57 billion, by the end of March 2026, a 12.1 percent increase compared to the same period in 2025, according to the latest monthly external trade indicators released by the Foreign Exchange Office. The performance reinforces the automotive industry's......
Seven tremors recorded off the Strait of Gibraltar as seismic activity rises
A series of seismic tremors has been recorded since Tuesday in the area of the Strait of Gibraltar, with some shocks felt across several regions of northern Morocco, according to the National Institute of Geophysics. Seven tremors have been registered in total, reflecting a slight increase in seismic activity in the area. The most significant......
Samsung crosses $1 trillion valuation on record earnings and AI chip rally
Samsung Electronics shares surged more than 12 percent on Wednesday, pushing the South Korean technology giant's market capitalization above $1 trillion and making it only the second Asian company after TSMC to reach that threshold. The rally was driven by overnight gains in U.S. AI-linked stocks and record quarterly earnings, lifting......
Europe's EV sales surge as fuel prices spike on Middle East conflict
Electric vehicle registrations rose sharply across Western Europe in April 2026, with several countries recording record or near-record battery electric vehicle market shares as consumers increasingly turned away from combustion-engine cars amid fuel price surges driven by the ongoing conflict in the Middle East. Norway set a new monthly......
Canary Islands leader opposes docking of hantavirus-hit cruise ship at Tenerife
A hantavirus outbreak aboard the cruise ship MV Hondius has been identified as the Andes strain, the only known hantavirus capable of spreading from person to person, as the Dutch-flagged vessel sailed from Cape Verde toward Spain's Canary Islands on Wednesday amid a growing international health response. Three passengers have died and......
More than 3,000 Viking coins unearthed in Norway's largest hoard ever found
Two metal detector enthusiasts scanning an agricultural field near the village of Rena in eastern Norway have uncovered what archaeologists have confirmed to be the largest Viking-era coin hoard ever discovered in the country. Named the Mørstad hoard, the find has so far yielded more than 3,000 silver coins dating from the late tenth......
World's first surviving nonuplets, born in Morocco, turn five years old
The world's first known surviving nonuplets celebrated their fifth birthday this week, marking half a decade since a birth that made medical history and drew global attention to a specialized clinic in Casablanca. The nine children were born on May 4, 2021, to Malian couple Halima and Abdelkader, and no previous set of nine babies had......
Morocco opens $5.62 million FlowPipe facility to cut imports and boost water infrastructure
Morocco has inaugurated a new industrial production unit dedicated to fiberglass-reinforced pipes, marking a concrete step in the country's drive to reduce dependence on imported materials for its water infrastructure and key industrial sectors. The FlowPipe facility, located in Mohammedia, was launched by Minister of Industry and Trade......
Morocco's capital markets post mixed results in March as trading volumes rise
Morocco's capital markets delivered an uneven performance in the first quarter of 2026, with March trading activity picking up sharply even as several key indicators remained in negative territory for the year. The contrast between rising transaction volumes and declining valuations reflects cautious investor sentiment across the Casablanca......
Saylor says Strategy may sell Bitcoin to pay dividends in policy shift
Michael Saylor told investors on Tuesday that Strategy could sell Bitcoin under certain conditions, marking a notable departure from the company's long-standing accumulation-only posture. The comments came during a first-quarter 2026 earnings call that revealed a net loss of $12.54 billion, driven almost entirely by unrealized declines......
Morocco eyes China's zero-tariff opening to expand argan oil exports
China's decision to eliminate import duties on goods from 53 African countries, effective May 1, has handed Morocco's argan oil industry a direct route into one of the world's largest consumer markets. Producers in the country's arid southwest are positioning the sector for what they describe as a potential commercial breakthrough,......
BMW reaches 2 million electric vehicles, doubling output in just two years
BMW Group announced Tuesday that it had produced its two millionth fully electric vehicle, a Tanzanite Blue BMW i5 M60 xDrive sedan assembled at its Dingolfing plant in Germany and destined for a customer in Spain. The milestone marks a dramatic acceleration in the company's electrification trajectory and underscores how quickly its manufacturing......
Ukraine accuses Russia of violating ceasefire with overnight drone and missile strikes
Ukraine accused Russia on Wednesday of breaching the unilateral ceasefire declared by President Volodymyr Zelensky, after Russian forces launched 108 drones and three missiles against Ukrainian territory in the hours immediately following the truce's entry into force at midnight between May 5 and May 6. Ukrainian Foreign Minister Andrii......