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 As Mali’s junta pokes at Algeria, what’s at stake for North Africa and Sahel? Three years after severing its ties with Morocco, Algeria faces challenges in its relations with Mali and other Sahel countries. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Analysis Can France restore Morocco ties without shifting on Western Sahara? On a visit to Rabat, French Foreign minister Stephane Sejourne acknowledged for the first time the importance of the Western Sahara issue for Moroccan diplomacy, but did not commit to any movement by Paris on the issue. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Morocco-Spain thaw continues with investment pledge, aerospace deal Spain and Morocco have historically been at odds over Western Sahara, migration and territorial disputes. Morocco
Analysis From Davos, all roads lead to the Middle East At the World Economic Forum, Al-Monitor interviewed regional decision-makers on economics, energy, environment, governance and conflict across the region. By Week in Review , Andrew Parasiliti
Davos 2024: Green ammonia expansion integral to Morocco’s new hydrogen economy, minister says Morocco's Minister of Energy Transition and Sustainable Development Leila Benali told Al-Monitor in an interview that the COP28 declaration marked the first time an emergence of more inclusive messaging has been seen in official climate text. Morocco
Unemployment will be true test of Morocco's government policies Francisco Serrano In Lisbon, reporting on North Africa business
Tourism tipping point: Middle East travel boom delivering economic boost as Israel-Hamas war threatens recovery The outbreak of fighting between Israel and Hamas in October 2023 has undercut a fledgling tourism rebound in the Holy Land after years of struggle.
Morocco-UK Xlinks undersea power cable to generate 'real value': Octopus Energy Octopus Energy CEO Greg Jackson said that it would help Morocco fight climate change. Morocco
Morocco earthquake reconstruction to test government’s speed of execution The speed and depth of Morocco's $11.7 billion reconstruction following the massive earthquake last month will have a huge impact on the economy and budget over the coming years. Francisco Serrano In Lisbon, reporting on North Africa business
Culture Morocco to host 2030 World Cup as Saudi Arabia bids for 2034 The announcement follows historic performances by Morocco’s men's and women's squads at their most recent respective World Cups. Saudi Arabia had also sought to host the 2030 tournament following Qatar winning the rights to host in 2022. North Africa
Over 8,000 dead in Morocco earthquake, Libya floods The two natural disasters in North Africa occurred within days of one another. North Africa
Morocco earthquake damage could wipe out as much as 8% of GDP The US Geological Survey warns of severe potential economic losses from the Morocco earthquake's "extensive damage." Morocco