Davos in the Desert: leaders warn of Israel-Hamas war threatening global economy

Leaders from the world of finance and business have convened in Saudi Arabia’s Riyadh for a three-day investment conference, issuing a warning about the many perils the world currently faces, most notably Israel-Hamas war that could widen into a regional conflict and deal a new blow to the global economy. The seventh Future Investment Initiative […]

Libya: Charities Put Rescue Operations at Sea on Hold

Several NGOs rescuing migrants off Libya’s coasts have suspended operations because of security threats from Libyan coastguard whom they accuse of firing at their ships. Germany-based Sea-Eye has joined Save the Children and halted its interventions in international waters to save migrants crossing the Mediterranean to reach Europe’s southern coast. The charity said it made […]

Automotive Industry: Japanese Sumitomo strengthens its presence in Morocco; targets 16,000 new jobs by 2028

The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and components in different regions of the Kingdom for a total investment of 1.96 billion dirhams. The framework agreement between Morocco and Sumitomo corporation for the development of these industrial projects […]