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Keywords: Expansion
Air China said it and a subsidiary have signed an agreement with Airbus to purchase 60 A320neo aircraft, a deal valued at about 9.5 billion dollars at catalogue prices. The aircraft are scheduled for delivery in batches between 2028 and 2032, according to a filing with the Shanghai Stock Exchange, marking......
Morocco has formally requested the establishment of an Indian Institute of Technology (IIT) campus, aligning with India’s expanding strategy to extend its prestigious technical education network abroad. According to a report by Edex, the proposal is part of India’s effort to internationalize......
The Chinese yuan exceeded the key threshold of 7 per dollar for the first time since September 2024, signaling renewed confidence in the nation’s currency strategy. The offshore yuan reached 6.9985 against the U.S. dollar on Thursday after the People’s Bank of China (PBOC) set its daily midpoint......
LabelVie Group has continued to strengthen its presence in Morocco’s retail sector with the opening of a new Carrefour hypermarket in Zenata, a rapidly developing urban area near Casablanca. This latest addition reflects the group’s ongoing strategy to expand and modernize its store network......
Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......
Russia revealed for the first time that its direct expenditure on the war in Ukraine will surpass $137 billion in 2025, a disclosure that sheds light on the mounting fiscal burden of the prolonged conflict. Defense Minister Andrey Belousov announced that the country will allocate 11.1 trillion rubles......
Marsa Maroc, a leading African port terminal operator, has entered into a strategic agreement to acquire a 45% stake in Boluda Maritime Terminals (BMT), part of Spain’s Boluda Corporación Marítima, for €80 million. This move marks a significant expansion of the Moroccan company’s......
The long-accepted understanding of dark energy, the mysterious force believed to drive the universe’s accelerating expansion, is facing renewed scrutiny after an international research team proposed that it may not be constant over time. Data from the Dark Energy Spectroscopic Instrument (DESI),......
Royal Air Maroc is preparing a major expansion of its international network in 2026 as part of its strategy to position Casablanca as a global aviation hub and reinforce Morocco’s role as a crossroads between continents. Starting next year, the national carrier will introduce a new wave of direct......