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EU approves Adnoc's €14.7 billion acquisition of German chemical giant Covestro

The European Commission has conditionally approved Abu Dhabi National Oil Company's (Adnoc) €14.7 billion acquisition of Covestro, a major German chemical manufacturer. This decision marks one of the most significant foreign takeovers of a European industrial firm by a Gulf state entity, clearing......

Morocco faces mounting pressures from organized crime networks

Morocco ranks 79th globally and 26th in Africa in the 2025 Global Organized Crime Index, published by the Geneva-based Global Initiative Against Transnational Organized Crime. The study highlights significant concerns about human trafficking, drug transit, and governance challenges that hinder effective......

Asian markets tumble as Fed rate uncertainty and AI stock concerns weigh

Asian stock markets experienced a sharp decline on Friday, following Wall Street’s steepest losses in over a month. Investor sentiment soured amid growing doubts about the Federal Reserve’s willingness to cut interest rates in December and concerns over inflated valuations of artificial intelligence......

Global oil surplus expected to reach 4 million barrels per day by 2026, IEA warns

The International Energy Agency (IEA) has raised its global oil supply growth forecasts, cautioning that the market may face increasing imbalances in the coming years. According to the agency's latest monthly report, global oil supply is projected to outpace demand by 4 million barrels per day (bpd)......

Global emissions hit record high despite surge in clean energy investments

Global carbon dioxide emissions from fossil fuels are projected to reach a record 38.1 billion metric tons in 2025, marking a 1.1% increase from the previous year, according to a report by the Global Carbon Project. This alarming milestone coincides with the COP30 climate summit in Belém, Brazil,......

Schmidt warns Chinese open-source AI models could dominate globally

Former Google CEO Eric Schmidt has issued a stark warning that Chinese open-source artificial intelligence (AI) models could become the global standard, not due to superior quality, but because they are freely available. Chinese AI gains traction Speaking on the Moonshots podcast, Schmidt expressed......

Moroccan Hass avocado prices fall 20% amid challenging season start

The Moroccan Hass avocado season has begun under challenging conditions, with prices dropping by 20% compared to last year. The decline is attributed to oversupply from Latin American producers and declining demand in Europe, creating fierce competition for Moroccan exporters. Global oversupply pressures......

Choiseul Rabat Forum highlights Africa’s leadership in global value creation

Nearly 800 global executives gathered last week at the Choiseul African Business Forum, held at the Rabat Marriott Conference Center in Morocco’s Agdal district. The event, which brought together decision-makers from more than 60 countries, emphasized Africa’s emergence as a key player in......

Global markets rally as U.S. Senate advances bill to end government shutdown

Global financial markets surged on Monday as investors welcomed progress toward ending the longest government shutdown in U.S. history. Late Sunday night, the Senate advanced a funding bill that could reopen the government and restore federal operations. Global markets respond positively Asian markets......