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Keywords: Investments
The General Confederation of Moroccan Enterprises (CGEM) has appointed Ali Belhaj as the new president of the Morocco-UK Business Council. The announcement was made during CGEM’s board meeting on September 15 and is part of the organization’s efforts to strengthen economic and trade relations......
Tokyo-based investment firm Metaplanet has made waves with its acquisition of 5,419 Bitcoin, valued at approximately $632.53 million. This record-breaking transaction, executed at an average price of $116,724 per Bitcoin, marks the company’s largest single purchase to date. Metaplanet now holds......
Saudi Arabia has stepped up its efforts to expand its influence in Syria by pledging significant financial and humanitarian support. In July, Riyadh announced $6.4 billion in investments aimed at rehabilitating the country’s war-ravaged infrastructure, along with commitments to rebuild schools......
Global data center demand is experiencing unprecedented growth, with hyperscalers now operating 1,189 large facilities worldwide. These tech giants account for 44% of the global data center capacity, while on-premises solutions have declined to just one-third of the total market. This surge in demand......
Major port investments launched under the leadership of HM King Mohammed VI are reinforcing Morocco’s position as a rising regional power, according to French geopolitics expert Frédéric Encel. Speaking about the restructuring of Casablanca’s Port Complex, inaugurated on Thursday,......
Taqa Morocco, the operator of the Jorf Lasfar coal-fired power plant, has reported a 17% drop in net profit for the first half (H1) of 2025. Net profit fell to MAD 437 million ($48.7 million), down from MAD 526 million ($58.6 million) in the same period last year. The decrease was largely attributed......
Little Pepe (LILPEPE), a rising meme coin built on a Layer-2 blockchain, has garnered significant attention in the cryptocurrency market. The project, designed for faster transactions and lower fees compared to Ethereum’s mainnet, has raised over $25 million in its presale and introduced a Mega......
The Moroccan government has taken a significant step forward in its green hydrogen ambitions, with the successful completion of the preliminary phase of the “Chbika 1” project. This milestone was announced during a steering committee meeting on the “Morocco Offer” for green hydrogen,......
During U.S. President Donald Trump’s state visit to the United Kingdom, British and American companies unveiled investment projects worth hundreds of billions across both sides of the Atlantic. London cited a total of £150 billion (€173 billion) in funds and commitments, a figure Prime......