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Sharp Decline in Suez Canal Traffic Reported Amid Regional Instability
A significant reduction in maritime traffic through the Suez Canal has been recorded, with figures showing a nearly 50 percent drop in the first quarter of 2025, according to statements made on Wednesday, April 16, by Suez Canal Authority (SCA), Chairman Osama Rabie. The decline has been attributed primarily to ongoing security threats in the […]
Drone Industry: BlueBird firm sets up production plant in Morocco
Morocco is strengthening its defense and deterrence capabilities by acquiring new military technology, enabling the North African Kingdom to address threats to its national security and regional peace. Moroccan lawmakers have already passed laws allowing the setting up of joint ventures in the defense industry as the country aspires to reduce its dependence on the […]
British CDC invests $200 mln in BMCE Bank
CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]



