
Casablanca will host a regional seminar on international arbitration for Maghreb financial institutions from October 27 to 29, 2026. Organized by the Union of Arab Banks UBA in cooperation with the International Chamber of Commerce ICC – Dispute Resolution Services, the event aims to strengthen the capacity of Maghreb banks in international arbitration and promote the integration of international dispute resolution standards within the regional banking sector. This initiative follows a specialized program launched this year by both institutions, based on the ICC's International Business Law Institute's "PIDA Training" program. The curriculum, adapted for banking and financial professionals, focuses on practical knowledge of international arbitration procedures, alternative dispute resolution ADR, and the management of financial and commercial disputes. A pilot program, conducted in Riyadh and at the ICC headquarters in Paris, involved interactive workshops, arbitration hearing simulations, and case studies from international banking and financial disputes. Participants, totaling 22 in the first edition, enhanced their understanding of ICC arbitration mechanisms, including the formation of arbitral tribunals, drafting arbitration requests, and the procedures for arbitral awards and their international enforcement. By choosing Casablanca, UBA and ICC intend to support regional financial institutions in adopting best international legal, financial, and institutional practices. T
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Must ReadThe semifinals of the 2026 World Cup have been set, featuring four top-ranked nations. On Tuesday, July 14, France will play Spain at the Dallas Stadium. The following day, Wednesday, July 15, England will face Argentina at the Atlanta Stadium. All four teams, France, Argentina, Spain, and England, have previously won the World Cup trophy. This marks the first World Cup with 48 teams.
BreakingThe death toll from the earthquakes in Venezuela on June 24 has reached 4,333, according to Mr. Rodríguez, the president of the Venezuelan National Assembly. This figure is an increase from the previous count of 4,118 deaths and 16,740 injured reported on Friday. The two earthquakes, measuring magnitudes 7.2 and 7.5, occurred 39 seconds apart and primarily impacted Caracas and the neighboring state of La Guaira. Over 19,000 displaced individuals are currently living in makeshift camps in these areas. Mr. Rodríguez, who is also the brother of interim President Delcy Rodriguez, did not provide an update on the number of missing persons, which the UN had estimated at around 50,000 shortly after the disaster. He noted that 315 bodies, representing 7% of the total victims, had not yet been identified as of Friday. Mr. Rodríguez denied claims that the government would halt search operations for bodies, assuring that the clearing of debris is proceeding slowly and that there is still hope of finding survivors in some locations. The government estimates that approximately 25,000 homes will need to be rebuilt. To address this, more than 40 plots of land, totaling about 584,000 square meters, have been made available in La Guaira for new housing construction. These plots are located in safe plains, away from the heavily affected coastal zone where hundreds of buildings were damaged and over 180 completely collapsed.
Must ReadArgentina secured its place in the World Cup 2026 semifinals after defeating Switzerland. Alexis Mac Allister opened the scoring for Argentina in the 10th minute. Switzerland equalized in the 67th minute with a goal from Dan Ndoye, but their challenge intensified after Breel Embolo received a red card in the 72nd minute. Despite being a man down, Switzerland held on until extra time. Julián Álvarez put Argentina ahead again in the 112th minute, and Lautaro Martínez sealed the victory in the 120th minute of extra time. Earlier, England qualified for the semifinals by beating Norway 2-1, with Jude Bellingham scoring both goals. The other semifinal match will be between France and Spain.