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Category: BUSINESS

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IMF working on global central bank digital currency platform

  • June 21, 2023
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RABAT – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing […]

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Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems

  • June 21, 2023
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RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of […]

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Auto firms race to secure non-Chinese graphite for EVs as shortages loom

  • June 21, 2023
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LONDON – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) […]

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Paris 2024 Olympics headquarters being searched by police

  • June 20, 2023
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PARIS – The headquarters of the Paris 2024 Olympics organising committee were being searched by police, organisers said on Tuesday. “A search is currently under […]

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SoftBank’s Son says he is ‘heavy user’ of ChatGPT

  • June 20, 2023
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TOKYO – SoftBank Group Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the artificial intelligence-powered chatbot from Microsoft backed startup OpenAI. […]

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Morocco fruit & veg supply secured as court rules against trade lawsuit

  • June 19, 2023
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Supply of Moroccan fruit & veg has been safeguarded, as a legal suit against trade between the Northern African nation and the UK has been rejected. Campaigners […]

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Nigeria, Morocco, Cote D’ivoire, Liberia, Benin, Guinea Sign Mous On Nigeria-Morocco Gas Pipeline Project

  • June 19, 2023
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Abuja, Nigeria, June 16th, 2023. West Africa marked another important milestone in energy sustainability, at the headquarters of the Economic Community of West African States […]

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Blood test to detect 50 types of cancer could be given to ‘one million people next summer’

  • June 19, 2023
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A blood test that can detect 50 types of cancer could reportedly be offered to “a million people” in a pilot programme from next summer. […]

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Hugo Boss shrugs off weaker U.S. sentiment

  • June 16, 2023
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German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it proved immune to weaker U.S. […]

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Qatar to invest $5 billion in Iraq over coming years

  • June 16, 2023
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DUBAI – Qatar intends to invest $5 billion in a number of sectors in Iraq over the coming years, the state news agency quoted Qatar’s […]

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