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Keywords: Market growth
Uber Technologies is set to invest $100 million in Pony AI, a leading Chinese robotaxi company, as part of a strategic move to deepen its foothold in the rapidly expanding autonomous vehicle market. The investment will be made via Pony AI’s initial public offering (IPO) in Hong Kong, which launched......
For decades, the gaming world’s powerhouses have been easily identifiable: California, Seoul, and Warsaw often dominate the conversation. Yet quietly and without fanfare, Casablanca and Morocco more broadly is positioning itself as one of the next great centers of gaming innovation. A youthful......
Global data center demand is experiencing unprecedented growth, with hyperscalers now operating 1,189 large facilities worldwide. These tech giants account for 44% of the global data center capacity, while on-premises solutions have declined to just one-third of the total market. This surge in demand......
Palantir Technologies has emerged as a standout success story on Wall Street, with its stock skyrocketing over 400% in the past year. The data analytics company has captivated investors, surpassing even Nvidia in popularity among retail investors. Unlike its counterparts, Palantir's focus on AI applications......
The Moroccan economy generated 82,000 new jobs in 2024, marking a significant recovery from the previous year's loss of 157,000 positions, according to the High Commission for Planning (HCP). This growth emerged primarily from urban areas, which added 162,000 jobs, while rural regions experienced......
Morocco's regulated cannabis sector achieved significant growth in 2024, with production reaching 4,082.4 tons and an average yield of 20 quintals per hectare, according to the National Agency for the Regulation of Cannabis Activities (ANRCA). The agency reported a dramatic increase in licensing,......
In a strategic move to strengthen its presence in North Africa, premium tire manufacturer Hankook has established its first commercial branch in Morocco. This expansion marks a significant step in the company's efforts to penetrate the African market, with operations being driven by Hankook's......
Moroccan scientist and inventor Rachid Yazami, known as the "father of the lithium battery," has projected that the lithium-ion battery market will reach a staggering value of over $4 trillion by 2030. Speaking at the International Government Communication Forum (IGCF 2024) in Sharjah, United......
In a testament to its adaptability and market prowess, OCP Group, a major player in global phosphate production, has reported a remarkable 15% increase in turnover for the first half of 2024. This impressive growth, reaching MAD 43.25 billion ($4.25 billion), comes despite challenging market conditions,......
