Morocco Financial News

By Farah Saafan and Suleiman Al-Khalidi

Qatar Airways has been renewed as the airline sponsor for the men’s World Cup in 2026 in North America and the 2030 tournament expected to be in Europe, Africa and South America

Finnish border guards and soldiers have begun erecting barriers including concrete obstacles topped with barbed-wire at some crossing points on the Nordic country’s lengthy border with Russia

AFP. He was headed for a massive parliamentary election victory on Wednesday that may also send shockwaves through Europe. His election program includes calls for a referendum on the Netherlands leaving the European Union, a total halt to accepting asylum-seekers, and migrant pushbacks at Dutch borders.

The German government has pledged to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030

Independence Day with parades, concerts, fireworks, and flag-raising ceremonies. They are traditionally dressed in long-sleeved dresses called kaftans and decorated robes with pointed hoods called djellabas. They are also waving the national flag, which is represented in today's artwork in red and green colors.

Google Doodle on November 18 marks Oman's National Day, honouring the oldest independent state in the Arab world. The doodle symbolizes the country's liberation from Portuguese forces on this day in 1650, ending almost 150 years of colonization. The festivities begin with students singing Oman's national anthem, "as-Salâm as-Solṭâni," fostering national pride.

Juliette Binoche, Marion Cotillard, and Jacques Audiard are part of the group of 500 French cinema professionals who have endorsed an open letter in support of a silent peace march set to take place in Paris this Sunday. The initiative, organized in response to the Israel-Hamas conflict and its ongoing global impact, is being led by the recently established collective known as «Une Autre Voix» (Another Voice). The letter emphasizes that the ongoing fratricidal war impacts everyone, irrespective of individual reasons or affiliations on either side of the conflict.

Loco and Rooter, are expanding operations beyond the domestic market as they prepare to take on the likes of YouTube and Amazon’s Twitch in foreign territories, people aware of the developments said. Loco, which is backed by investors like South Korean gaming giant Krafton and Indian gaming-focused venture firm Lumikai, quietly started testing its Arabic app in multiple West Asian countries a few months ago and, according to its cofounder Anirudh Pandita, plans to expand into Latin American countries next.

NEW DELHI : The InoxGFL Group plans to invest nearly $1 billion across segments, including battery chemicals, green hydrogen and wind energy services, over the next three to four years, a big chunk of which will go into India’s largest battery chemicals factory it plans to build in Gujarat.. In an interview, Devansh Jain, executive director, InoxGFL said the factory investment is in the initial phase of discussions. The business is housed under GFCL EV Products Ltd, a subsidiary.

El Salvador has introduced a $1,130 fee on travelers from 57 countries, including India, passing through its main airport. This measure, enforced since the end of October, has drawn attention due to its timing amid increasing pressure from the United States to manage migration flows heading towards its southern border. El Salvador's aviation authority has labeled the fee as an «airport improvement fee,» but the motive behind it remains unclear. Notably, the US has been urging Central American nations to take steps to control the flow of migrants reaching its border with Mexico. While El Salvador has not explicitly linked the fee to migration control, the country has acknowledged a rise in travelers from the specified nations this year. Most affected passengers are destined for Nicaragua, primarily on Avianca, a commercial airline. Nicaragua, with its lenient visa requirements, serves as a transit point for migrants from Haiti, Cuba, and Africa, aiming to reach the US. Earlier this year, an unexpected increase in migrants from Mauritania arriving at the US southern border puzzled officials. Investigations revealed travel agencies and social media influencers promoting routes through Morocco, Spain, and El Salvador before reaching Nicaragua. El Salvador's aviation authority and immigration agency lack specific data on the number of migrants from the listed countries transiting the country in 2023. The US embassy has not confirmed if it played a role in requesting the fee.

Check all the latest Israel-Hamas war LIVE Updates hereSaudi Arabia, considered as the de-facto leader of the Muslim world, along with its neighbour the United Arab Emirates, was among the countries that blocked a proposal moved at the Islamic-Arab summit to snap all ties with Israel, reports said.The proposal was to sever all diplomatic and economic relations with Tel Aviv, deny Arab airspace to Israeli flights and that the oil-producing Muslim countries should “threaten to use oil as a means of leverage" to achieve a ceasefire in Gaza, The Times of Israel reported Ehud Ya’ari, the Arab affairs analyst of Israeli news platform Channel 12, as saying.The proposal was shot down by Saudi Arabia, the UAE, Jordan, Egypt, Bahrain, Sudan, Morocco, Mauritania and Djibouti, Ya’ari reportedly added. Read the complete story.The World Health Organisation (WHO) on Sunday, November 12 reported that it has lost contact with Al-Shifa Hospital in Gaza City, ANI reported.Al-Shifa Hospital has received international attention after reports of individuals fleeing the hospital being allegedly shot, wounded, or killed.

The Times of Israel said, citing the claim made by Ehud Ya’ari, the Arab affairs analyst of Israeli news platform Channel 12. The proposal was shot down by Saudi Arabia, the UAE, Jordan, Egypt, Bahrain, Sudan, Morocco, Mauritania and Djibouti, Ya’ari reportedly said. Livemint could not independently verify the development.

SHANGHAI (Reuters) — Measures such as the U.S. Inflation Reduction Act are unlikely to stop firms from going abroad, as companies thrive through competition and not through regulation or subsidies, the chairman of Chinese battery maker Gotion High Tech said.

The Amazon Diwali Sale is your opportunity to make this festival of lights truly special, bringing joy and festivity to your loved ones, all while enjoying substantial savings. Don't miss this chance to celebrate Diwali with authenticity and artistry.

Killer whales are at it again, this time attacking and sinking a Polish yacht off the coast of Morocco.

Singapore, and the air conditioning at the ION Orchard shopping mall is doing its job. Inside, well-heeled tourists and locals line up behind a velvet rope, eagerly awaiting their entry into a room bursting with hues of orange, blue and gold. But this isn’t a trendy nightclub, or even a chance to check out the newest iPhone.

Archaeologists have unearthed more ancient ruins of what they believe was once a bustling port city near the capital of modern-day Morocco

IMF Managing Director Kristalina Georgieva highlighted the role of digitalization in enhancing financial inclusion during a recent conference held in Marrakesh, Morocco. While advocating for comprehensive national strategies for financial inclusion, Georgieva also warned about the risks associated with digital financial services. This comes at a time when the IMF is actively involved in exploring cryptographic concepts and has recently presented a crypto-risk assessment matrix.

World Cup before the deadline closed, soccer's global governing body said on Tuesday. FIFA had invited bids from Asia and Oceania for the tournament by October 31, and Saudi Arabia announced it would bid only minutes after the announcement on October 4.

By Andrea Shalal and Kanishka Singh