Newsletter: Business & Tech World Cup spending boosts Morocco stocks This week, Morocco’s stock market surged on 2030 World Cup hype, Egypt secured its first Qatari industrial investment in sustainable aviation fuel, Yemen’s oil-rich south saw renewed conflict, and AI-driven robots are helping the UAE meet construction demands. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Morocco’s markets rise as World Cup spending fuels largest IPO in decades Shares in SGTM jumped by 10% on Dec. 16 after the construction firm raised roughly $550 million from its IPO, underscoring demand in a market that has featured few new listings in recent years. Morocco
Culture World Cup: Iran fumes over LGBTQ+ themes as Jordan qualifies for first time Morocco is hoping to build on its historic run in 2022, with Saudi Arabia, Egypt and others in the region similarly vying to build on recent successes. Iran
Spain, Morocco dismantle drone network flying hashish across border Spanish authorities seized more than 150 kilograms of hashish and more than 320,000 euros ($371,820) in cash in searches across southern Spain. Morocco
Analysis Morocco's UN-backed Western Sahara plan offers investors some reassurance By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Feature Trump eyes Algeria-Morocco rift over Western Sahara in latest peace bid By Elizabeth Hagedorn In Washington, DC, reporting on diplomacy, regional politics, human rights
Analysis Growing arms race tests Morocco’s military tech edge, Israel ties Morocco has been steadily building up its military in recent years and in November reports surfaced that the North African country was in talks to acquire Turkish drones. By Samuel Wendel In Washington, DC, reporting on regional business and tech
China's Xi Jingping in Morocco as Beijing eyes bigger role in Africa's infrastructure boom Chinese President Xi Jinping visited Morocco on Thursday as China wades deeper into Morocco's transportation and EV industries. Morocco
Five global firms shortlisted in Morocco's controversial Western Sahara energy plans Construction on the multibillion-dollar energy project, based in Dakhla in the disputed territory, is scheduled for completion in 2029. Morocco
Analysis Relations between France, Algeria grow cooler over Morocco ties The latest trip of French President Emmanuel Macron to Rabat was the last straw in the already shaky relations between Paris and Algiers. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
As floods ravage Spain, Morocco utilizes disaster diplomacy, offers help Relations between Morocco and Spain are warming after years of tensions, and a railway linkage project is gaining momentum. Morocco
Middle East businesses lack clear climate guidelines, WEF report warns Middle Eastern and North African companies face increasing pressure from investors, regulators and global markets to strengthen transparency and adopt more sustainable business models. Morocco
France, Morocco ink over $10B in deals during Macron visit King Mohammed VI welcomed Macron to Morocco as part of a three-day visit by the French president in which around 20 deals were agreed upon. Morocco
Analysis In Morocco, France's Macron dangles Western Sahara concessions to mend ties After years of diplomatic disputes, French President Emmanuel Macron is adamant on repairing ties with Morocco. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Analysis What's behind China's deepening engagement with Morocco? Morocco is becoming increasingly attractive to Chinese investors for a variety of reasons. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
At Africa summit, China elevates ties with Libya, invests $14M in Egypt The Sino-Libyan pact was announced Wednesday by Chinese President Xi Jinping and President of the Libyan Presidency Council Mohamed al-Menfi at the FOCAC summit in Beijing. Libya
Analysis How Morocco-UAE economic agreement could usher in new era of bilateral trade With its CEPA program, Abu Dhabi is not only expanding its network of trade and investment partners; it is getting closer to achieving its strategic goal of increasing its non-oil foreign trade. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Morocco turns to Turkey for weapons imports as Israel ties strain over Gaza Francisco Serrano In Lisbon, reporting on North Africa business