Morocco Financial News

Abu Dhabi National Energy Co. PJSC (TAQA) is looking to double down in India and is evaluating a large exposure in the expansive power businesses of Gautam Adani that span thermal generation to transmission, clean energy and green hydrogen, said people aware of the matter. TAQA, among the largest integrated utilities in Europe, West Asia and Africa and also the second largest stock on Abu Dhabi Securities Exchange (ADX), is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity, said the sources mentioned above.

Indiana Jones enthusiasts will soon witness Harrison Ford's final portrayal as the archaeologist from their homes.Indiana Jones 5, also known as Indiana Jones and the Dial of Destiny, secures its digital release date. Directed by James Mangold (known for Ford v Ferrari), it reaches US homes on August 29. No details are available about the UK digital release date yet. Accompanying the digital release are five featurettes revealing the movie's production process. This installment is the first since 2008's divisive Kingdom of the Crystal Skull, and James Mangold took the director's seat, replacing Steven Spielberg. The featurettes will delve into three primary settings of the new film: New York, Morocco, and Sicily. They'll offer insights into the prologue, featuring a digitally rejuvenated Indy, and the concluding scenes where the cast bids adieu to the cherished archaeologist. The movie, premiered in June, showcases Ford donning the iconic hat once again. Phoebe Waller-Bridge from Fleabag joins the cast as Indy's goddaughter Helena Shaw. Notable actors in Dial of Destiny include Antonio Banderas, Shaunette Renée Wilson, Toby Jones, Boyd Holbrook, Ethann Isidore, Mads Mikkelsen and Karen Allen. Indiana Jones and the Dial of Destiny is currently showing in cinemas across the UK and the US.

France defeated Morocco 4-0 before sailing into the quarterfinals of the 2023 FIFA Women’s World Cup. Despite the convincing victory against a good team, Le Blues are under tremendous pressure considering the fact that they were thrashed by the US four years ago at this stage.

World Cup of change, of unexpected early departures and tantalizing arrivals, has completed its upending of certainty and tradition. No former champion remains in the tournament with two rounds to play. Gone prematurely are the United States, with its four world championships, and Germany, with two.

Australia will meet France in the quarter-finals of the Women’s World Cup after Les Bleues cruised past Morocco 4-0 at Hindmarsh Stadium in Adelaide.

As the tournament progresses, top teams like the USA, Canada, and Germany remain strong contenders, setting the stage for exciting quarter-final matches later this week.

There are two matches to be held on August 8: Colombia vs Jamaica and France vs Morocco. Let’s have a look at both of them. Colombia entered the Round of 16 with two wins, one against South Korea and the other against the mighty Germany.

The Matildas have charged into the Women’s World Cup quarter-finals and welcomed back Sam Kerr in style with an imperious 2-0 win over Denmark.

India-Morocco strategic partnership stands tall on four pillars including that of food security, each representing a key area of collaboration, according to Moroccan Ambassador to India Mohamed Maliki. “The first pillar focuses on economic ties, emphasizing trade and investment to foster sustainable growth and development for both our nations.

Sam Kerr was limited to the stationary bike on Sunday during the 15-minute window of training open to media, amid speculation over how much she will feature in Monday night’s round-of-16 clash with Denmark.

The fate of Group H will be determined on August 3. Both matches will be played on August 3 at 3:30 PM (India time). The match against South Korea is crucial for Germany, two-time World Cup champions.

Quran in front of foreign embassies in Denmark, the country's Foreign Minister Lars Lokke Rasmussen said as quoted by AL Jazeera. In an official statement, Rasmussen condemned the burnings, saying that they are deeply offensive and reckless acts committed by a few individuals.

The defender headed in to settle a thrilling game and put her country on the brink of advancing to the knockout stage. Alexandra Popp had scored an 89th-minute penalty and seemed to have earned Germany a 1-1 draw after 18-year-old Linda Caicedo had struck a stunning opener for Colombia. But Vanegas came up with a late twist to huge celebrations among Colombia fans who dominated the Sydney Football Stadium crowd.

Nirmala Sitharaman announced that India's G20 presidency will outline the roadmap for transforming multilateral development banks (MDBs). The process aims to bolster these financial institutions and equip them to confront 21st-century challenges.

New Delhi: The second part of the NK Singh and Lawrence Summers report on strengthening multilateral development banks (MDBs) will review multiple suggestions for reforms, elaborate on operational reforms, speed of response and private capital mobilisation, including prospects for scaling up the Multilateral Investment Guarantee Agency (MIGA). The second part the report, titled 'Strengthening Multilateral Development Banks: The Triple Agenda', will be released in October for discussion by finance ministers ahead of the G20 Annual meeting at Marrakech (Morocco).

Norge Mining, a government organization in Norway, has unearthed extensive deposits of phosphate rocks within the country. This finding holds tremendous potential for the electric car industry, as these rocks can be utilized to power electric vehicles. According to Norge Mining, Norway may possess up to an astonishing 70 billion tonnes of phosphorus, sufficient to meet the electric power demand for the next half-century.

China’s fast expanding economic footprint across the Arab world, with a focus on opportunities in various sectors, including healthcare, retail and infrastructure. The sixth edition of the conference is also aimed at promoting a multidirectional flow of investment and facilitating investment in areas of new opportunities, officials said.

NEW DELHI : As many as 415 million Indians moved out of poverty in the 15-year period between 2005/2006 and 2019/2021, the UN said in a report on Tuesday. The latest update of the global Multidimensional Poverty Index (MPI) was released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford. The report analysed trends from 2000 to 2022, focusing on 81 countries with comparable data over time.

A Moroccan man, Soufiane Oulahyane, aged 25, has been charged by the Department of Justice (DOJ) for his alleged involvement in stealing approximately $450,000 worth of cryptocurrency and non-fungible tokens (NFTs). 

According to Schengen Statistics, Algerian nationals were refused Schengen visa applications the most in 2022, with a total of 179,409 visas not being issued with the total rate of not issued uniform visas reaching 45.8 per cent. The list of top ten countries with the highest Schengen visa rejection rates for 2022 also included countries like Turkey, Morocco and Russia, which had 120,876, 119,346 and 68,753 visa applications rejected, respectively.

Egypt: 9:00 PM France: 9:00 PM Israel: 10:00 PM Italy: 9:00 PM Morocco: 9:00 PM Norway: 9:00 PM Poland: 9:00 PM Portugal: 8:00 PM Saudi Arabia: 10:00 PM Serbia: 9:00 PM Spain: 9:00 PM Sweden: 9:00 PM Switzerland: 9:00 PM Ukraine: 10:00 PM United Arab Emirates: 11:00 PM United States: 3:00 PM (Eastern Time)