Business Egypt Emerging Markets Europe International

French Schneider Electric mulls €30-million investment in Egypt until 2025

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]

Africa International

Benin’s Jean-Claude Talon elected new President of Africa’s tennis governing body

The Confederation of African Tennis (CAT) elected last week Jean-Claude Talon from Benin as the new President of the continent’s tennis governing body in replacement of Tarak Chérif from Tunisia who had led the organization since 2004. Jean-Claude Talon, brother of Benin’s President Patrice Talon, is the President of the West African country’s tennis Federation. […]

Africa Algeria Headlines International Maghreb Morocco

African Union joins UN in urging census of people held in Polisario-run Tindouf camps

The Peace and Security Council (PSC) of the African Union (AU) urged all African countries to cooperate with the UN Refugee Agency UNHCR including in terms of refugee protection and documentation. In a statement on October 27, the PSC stressed the need for African countries to cooperate with the UN agency on refugee documentation to […]

Africa Emerging Markets Energy Europe International

Nigeria wins appeal in landmark ruling against Process & Industrial Developments

Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]

Emerging Markets Europe Headlines International Morocco

2030 FIFA World Cup: Morocco, Portugal, Spain sign letter of intent

Morocco, Portugal, and Spain have signed a letter of intent regarding their joint bid to host the 2030 FIFA World Cup, this Saturday, October 28, at the Mohammed VI Football Complex in Morocco. The three football federations of Morocco, Portugal, and Spain signed the letter of intent this Saturday, a crucial step in the candidacy […]

Energy Europe Headlines International Morocco

Morocco for full optimization of green partnership with EU

Minister of Energy Transition and Sustainable Development, Leila Benali, called Friday in Brussels for “full optimization” of the Green Partnership between Morocco and the European Union, signed in October 2022, which constitutes an “innovative, promising, and dynamic cooperation framework”. This partnership, as an instrument for enhanced dialogue and cooperation, reflects a “strong convergence for sustainable, […]

Africa Community Headlines International Morocco

Tenth General Assembly of African Union of the Blind held in Rabat

The 10th General Assembly of the African Union of the Blind (AFUB) is held in Rabat this October 27-30, under the theme “Unity and solidarity”. This General Assembly, held under the high patronage of King Mohammed VI, aims to draw inspiration from and highlight distinguished African and international experiences, capable of contributing to the achievement […]

Africa Europe Headlines International Maghreb

Former Spanish Defense Minister denounces Polisario’s accession to AU as an anomaly

Former Spanish Defense Minister José Bono Martinez denounced, Friday in Dakar, the accession of the Algeria-backed Polisario to the African Union (AU) as an “anomaly”. “The AU recognizes an entity not recognized by the UN. This is an anomaly that does not occur in any other international organization,” Bono Martinez said at the 2nd International […]

Columns Europe Headlines International Morocco

Spanish far-left abandons Polisario after deal with socialists

Spanish socialist PSOE sealed a deal with the far-left Sumar coalition to end the political limbo in the country in a breakthrough agreement that includes abandoning support for the Polisario separatists. Under the outgoing government led by Prime Minister Pedro Sánchez, Spain has backed Morocco’s autonomy plan in the Sahara territory as the “sole” political […]

Americas Business Emerging Markets Headlines International Morocco

U.S. Lawmakers Urge Commerce Department to Lower Tariffs on Morocco’s Phosphate Imports

Several influential U.S. Senators and members of the House of Representatives have called on the U.S. Department of Commerce to reduce duty on imports of phosphate fertilizers from Morocco, saying the imposed tariffs have pushed global prices upward affecting U.S. farmers. The call comes after U.S. Court of International Trade (CIT) ruled lately that Commerce […]