South Korean rail manufacturer Hyundai Rotem inaugurated its first Moroccan subsidiary this August, marking the company’s third African establishment following Egypt and Tunisia, as part of a historic $1.5 billion railway modernization contract. The landmark deal, signed in February 2025, represents Hyundai Rotem’s largest-ever railway contract worth approximately 2.2 trillion won. The agreement covers delivery […]
The bill to regulate the use of cryptocurrencies in Morocco is ready, announced the Governor of the Central Bank (Bank Al-Maghrib- BAM), Abdellatif Jouahri. Speaking at a press briefing following BAM’s 4th and final quarterly meeting of 2022, Jouahri stressed that the draft to put in place a proper regulatory framework is ready. “For cryptocurrencies, […]
Armed clashes on Monday night between local police forces and a group affiliated with Khalifa Haftar, the strongman of eastern Libya, left one dead and two wounded in southern Libya, according to a hospital source. “Armed with tanks and heavy artillery, a militia under the command of Mabrouk Sahbane of the al-Karama forces (the name […]
