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Daimler Truck reports a $195 million impairment loss while Philip Morris plans to close two production sites in Germany. In North America, Reddit shares soar 25% post-results, while AMD and First Solar drop 7%. Schneider Electric reaffirms 2024 targets after strong Q3 sales, and UBS posts $1.4 billion in Q3 earnings.
Emmanuel Macron's recent visit to Morocco marks a strategic shift in France's foreign policy, aiming to mend relations strained by past tensions and a focus on Algeria. Acknowledging Morocco's sovereignty over Western Sahara, Macron seeks stronger economic ties and cooperation on migration, while navigating the delicate balance with Algeria, which has reacted negatively to this rapprochement.
French President Emmanuel Macron sought to mend relations with Morocco during a visit that resulted in agreements potentially worth up to €10 billion. In a passionate address to Moroccan lawmakers, he emphasized Morocco's unique role as a gateway to Africa, highlighting the importance of their ties.
The 5G in Healthcare Market is projected to grow from USD 0.72 billion in 2023 to USD 59.53 billion by 2032, with a remarkable CAGR of 70.10%. This growth is driven by the integration of 5G technology in healthcare, enhancing connectivity and enabling advanced applications like telemedicine and real-time remote monitoring. Key market trends include the rising adoption of telehealth solutions and the development of smart hospitals, despite challenges such as high deployment costs.
Morocco plans to loosen its currency peg to the euro and dollar in 2026, resuming a gradual reform process that was paused during the pandemic. Central bank governor Abdellatif Jouahri announced this shift while attending the IMF and World Bank annual meetings in Washington.
Healthtech has seen remarkable growth in recent years, significantly accelerated by the pandemic, which has driven the rapid adoption of digital solutions in healthcare. This shift has enabled the sector to achieve advancements that typically would have taken 5 to 10 years in just a few months. Analysts project continued expansion in this booming industry.
At GITEX Global 2024, Morocco's Minister of Health, Khalid Ait Taleb, emphasized the country's commitment to digital transformation in healthcare, highlighting the role of telemedicine and AI in enhancing access to care, especially in remote areas. He underscored the importance of public-private collaboration and the contributions of Moroccan startups in developing innovative health solutions. The session also addressed challenges such as data protection and the need for secure healthcare information systems.
Akdital Group is set for accelerated growth, aiming to expand its presence in Morocco by opening 12 new clinics by the end of 2024, supported by a MAD 1 billion capital increase. With a projected 27.7% annual sales growth and a 32.7% rise in net income by 2029, the company is capitalizing on strong demand for healthcare services. The recent 51% sales increase in the first half of the year highlights the success of its expansion strategy.
Saudi Arabia is enhancing its medical tourism sector through strategic partnerships, including recent agreements with Morocco and Thailand aimed at improving healthcare collaboration. Despite these initiatives and infrastructure improvements targeting 150 million arrivals by 2030, the country is expected to fall behind established markets like Thailand, the UAE, and Malaysia, which offer more specialized treatments and better-developed facilities.
MAR
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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09:00 25.09.2024
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