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Chinese manufacturer Boway to establish $150 million production base in Morocco

Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......

Honda profits drop 37% due to Trump tariffs and chip shortage

Honda has reported a 37% drop in net profit for the six months ending in September, citing the impact of tariffs imposed by former U.S. President Donald Trump and a global semiconductor shortage that disrupted production at a key factory in Mexico. The Tokyo-based automaker announced on Friday that......

Civil society, a key partner in shaping a shared vision for global social development

Morocco’s Permanent Representative to the United Nations, Ambassador Omar Hilale, emphasized on Wednesday in Doha that civil society is a key partner in building a shared vision for global social development. Speaking at the Civil Society Forum, held on the sidelines of the 2nd World Summit for......

Fewer than 60 world leaders to attend COP30 climate summit in Brazil

Brazil announced on Friday that only 57 heads of state and government have confirmed attendance at the COP30 climate summit, significantly fewer than the 75 leaders who participated in last year’s conference in Azerbaijan. The reduced turnout underscores the growing logistical and political challenges......

Morocco’s banking liquidity deficit rises to MAD 144.6 billion in late October

The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......

Xi calls for multilateralism at APEC summit as Trump skips regional forum

Chinese President Xi Jinping positioned Beijing as a champion of multilateral cooperation during the APEC CEO Summit in South Korea, delivering a written speech that highlighted China’s role as a key driver of global economic growth. In contrast, U.S. President Donald Trump opted to boycott the......

Asian markets struggle despite trade truce between Trump and Xi

Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......

Global Solidarity Run debuts in Morocco, uniting communities through sport

Morocco hosted its first-ever Global Solidarity Run on Saturday, October 25, at Dar Essalam Forest in Rabat, marking a historic moment for the international initiative. Organized by the Embassy of Ireland in Rabat in partnership with UNHCR Morocco, Tibu Africa, and local volunteers, the event brought......

Trump orders resumption of US nuclear weapons testing after 33 years

US President Donald Trump has directed the Pentagon to immediately resume nuclear weapons testing for the first time since 1992, citing the need to match the nuclear testing programs of rival nations. The surprise announcement was made on Truth Social while Trump was en route to meet Chinese President......