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Keywords: Development


Paris summit on AI governance spotlights global divide

A high-stakes artificial intelligence summit in Paris next week is poised to highlight mounting tensions between different approaches to AI development and regulation. The AI Action Summit, scheduled for February 10-11, will bring together tech industry leaders and government officials to address critical......

Failed Nissan-Honda merger talks send shockwaves through Japanese auto sector

Nissan has officially ended merger negotiations with Honda, abandoning plans that would have created a formidable automotive alliance. The news, reported by the Nikkei financial daily, triggered significant market movements, with Nissan's shares plummeting while Honda's stock surged on the Tokyo......

Morocco and Mauritania forge historic power grid partnership to enhance regional energy security

Morocco and Mauritania have taken a significant step forward in their bilateral cooperation by signing a groundbreaking electrical interconnection agreement in Nouakchott. The accord, signed by Morocco's National Office for Electricity and Drinking Water (ONEE) Director General Tarik Hamane and Mauritanian......

Morocco strengthens international ties with 27 new cooperation agreements

Morocco's Parliament has unanimously approved 27 international agreements, marking a significant expansion of the country's diplomatic and economic partnerships. Foreign Minister Nasser Bourita presented these agreements during a legislative session led by Speaker Rachid Talbi Alami. The agreements......

Morocco advances wind energy capacity with major investments

Morocco’s progress in renewable energy has reached new heights, with wind energy capacity hitting 2,373 megawatts (MW) by the end of 2024. This milestone marks a significant step in the country’s push toward greener energy solutions, as outlined by Leila Benali, Minister of Energy Transition......

Chinese auto parts maker eyes strategic expansion with new Morocco facility

Shanghai Carthane, a prominent Chinese automotive components manufacturer, has announced plans to establish a new subsidiary in Morocco under the temporary name Kaizhong Morocco. The company disclosed this strategic move on the Shanghai Stock Exchange as part of its efforts to strengthen its foothold......

Moroccan enterprises launch innovative AI training program for 1,000 small businesses

The General Confederation of Moroccan Enterprises (CGEM) has unveiled a groundbreaking initiative called "Generation AI: Boosting 1000 Moroccan SMEs" in collaboration with the European Bank for Reconstruction and Development (EBRD) and LinkedIn. The program aims to support 1,000 small and......

Morocco franchise expo 2025 set to transform African business landscape

The Moroccan Franchise Federation (FMF) is preparing to launch the inaugural Morocco Franchise Expo (MFE), scheduled for February 12-14 at the Casablanca Exhibition Center. This groundbreaking event aims to showcase Morocco's market potential and attract diverse investors from both domestic and international......

Morocco's football chief honored at Arab Sports summit for transformative impact

During a prestigious ceremony in Doha, Fouzi Lekjaa, President of the Royal Moroccan Football Federation (FRMF), received the 2024 Appreciation Prize from the Arab Sports Culture Association. The accolade was presented at the 5th Annual Congress of Arab Sports Culture, which focused on Olympic champion......

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