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British Steel, a key player in the UK’s steel industry, recently confirmed that it would close its blast furnaces and steelmaking operations due to ongoing market challenges, tariffs, and rising environmental costs associated with high-carbon steel production. In an official statement, the company stated that its steel production operations......
Travelodge, the budget hotel chain operating over 600 locations across the UK, Ireland, and Spain, has reported a modest increase in annual sales as consumers continue to prioritize experiential spending. However, the start of 2025 has been sluggish, even with a boost from major events like the Six Nations rugby tournament and Crufts dog show. The......
North Korean leader Kim Jong Un has overseen the testing of advanced AI-equipped suicide drones and reconnaissance drones, calling for their prioritization in the nation's military modernization. The drones, developed at North Korea's Unmanned Aerial Technology Complex, are designed to track strategic targets and monitor enemy activities......
In an era where information spreads rapidly and decisions increasingly hinge on personal experiences, online reviews have become pivotal in evaluating companies. Platforms like Glassdoor, Google, and Indeed allow employees to rate their employers and share their experiences. For businesses, these reviews transcend simple evaluations; they......
Falcon Energy Materials, a Canadian company, has successfully completed a non-brokered private placement, raising CAD 6.52 million (approximately MAD 47.6 million). Initially, the placement was intended to issue 10 million units, but it resulted in the issuance of 10,874,832 units priced at CAD 0.60 (around MAD 4.38) per unit. Each unit consists......
French authorities have announced the arrest of Allal El Mrabet, known as "Allal TGV," a dual national of Morocco and Spain, after he fled Spain where he is suspected of committing three murders between November 2023 and January 2024. He is also linked to terrorist and extremist activities. His arrest took place in Béziers,......
The recent proposal by the European Commission for the creation of a 72-hour survival kit has stirred a significant debate across the European Union. The suggestion is that every EU member state prepare its citizens with emergency supplies in case of a crisis. However, Spanish Foreign Minister José Manuel Albares has voiced strong objections......
A court in Algeria has sentenced Franco-Algerian writer Boualem Sansal to five years in prison, a decision made on Thursday, March 27. This ruling follows Sansal's detention since November and represents a lesser penalty than the ten years sought by the prosecution, according to an AFP correspondent present in the courtroom. Sansal's......
Lebanese President Michel Aoun is visiting France, his first trip to Europe since taking office. During his visit, he is set to meet President Emmanuel Macron, who had previously expressed France's commitment to supporting Lebanon's recovery after the devastating conflict between Israel and Hezbollah. Macron had announced intentions......
Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural output in 2024, with non-agricultural......
The United Nations Mission in South Sudan (UNMISS) has urged all parties to remain calm after reports emerged about the arrest of First Vice President Riek Machar, who is a long-standing opponent of President Salva Kiir. UNMISS head, Nicholas Haysom, warned that the country could lose the "hard-won gains of the past seven years"......
Italian asset management firm Azimut Holding has made a significant move into the Moroccan market by acquiring minority stakes in two subsidiaries of Red Med Capital, a prominent independent investment bank in Morocco. This strategic investment marks Azimut's inaugural foray into the Moroccan financial landscape. The acquisition includes......
Morocco, as the sole representative from North Africa, participated in a ministerial roundtable held in London focusing on water security and climate challenges. This event served as an opportunity to present the Kingdom’s strategic directions regarding natural resource management and energy transition, in the presence of various ministers......