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Keywords: Growth
Elon Musk’s artificial intelligence company, xAI, is on the verge of securing $15 billion in new equity financing, valuing the firm at approximately $230 billion. This move would more than double its valuation since March, when it stood at $113 billion following its merger with Musk’s social......
Morocco’s Industry and Commerce Minister, Ryad Mezzour, has announced a significant achievement in the country’s industrial development. As of 2024, high- and medium-high-technology industries contribute over 50% of Morocco’s industrial added value, surpassing a key goal set for 2035......
The Spanish government will raise its economic growth forecast for 2025 by two-tenths of a percentage point, bringing the projected GDP growth to 2.9%, sources from the Ministry of Economy confirmed to EFE on Monday. Minister of Economy, Carlos Cuerpo, will present the updated macroeconomic......
Morocco is set to experience substantial growth in its electric vehicle (EV) sector, driven by local production expansion and government incentives. Analysts from BMI, a FitchSolutions company, predict a sharp rise in EV adoption, supported by new models, competitive imports, and increasing investments......
Global carbon dioxide emissions from fossil fuels are projected to reach a record 38.1 billion metric tons in 2025, marking a 1.1% increase from the previous year, according to a report by the Global Carbon Project. This alarming milestone coincides with the COP30 climate summit in Belém, Brazil,......
The Mercedes-AMG Petronas Formula One team, led by Toto Wolff, is reportedly on the verge of a groundbreaking deal that could set a new benchmark for the sport. According to a report by Sportico, Wolff is in advanced negotiations to sell part of his 33% stake in the team, with the valuation of the organization......
Morocco’s appetite for industrial equipment has surged over the past decade, reflecting the country’s growing transformation into a high-tech, industrialized economy. The value of imported industrial equipment climbed from MAD 77 billion in 2014 to nearly MAD 179 billion in 2024, marking......
Morocco has achieved a remarkable milestone in the global grapefruit market, doubling its exports to Canada to 1,500 tonnes and generating $1.67 million during the 2024–2025 season. This success solidifies Morocco’s growing presence in a market that has been in long-term decline. According......
Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......
