Economy
Bank Of Africa (BOA) has been named Best Bank in North Africa during the 2026 edition of the African Banker Awards held in Brazzaville. The prestigious awards recognize the leading institutions and personalities that have contributed to the growth and development of Africa’s banking and financial......
Britain’s Competition and Markets Authority (CMA) has cleared the proposed $3.4 billion joint venture between Brazilian pulp producer Suzano and U.S.-based consumer goods company Kimberly-Clark, removing a major regulatory obstacle for the deal. The British watchdog confirmed that the agreement......
Maroc PME is preparing a large-scale national roadshow across Morocco’s twelve regions as part of the implementation of the new TPME Pact, an ambitious program designed to strengthen and modernize very small and medium-sized enterprises. Following its official presentation in Rabat in April, the......
Global energy trading activity reached a new milestone in May as Intercontinental Exchange (ICE) announced record levels of open interest across its natural gas and electricity markets. The development reflects growing uncertainty in global energy supplies and increasing demand for energy risk management......
Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......
The ongoing Iran conflict has reshaped global financial markets, creating a clear divide between winners and losers as energy prices, currencies, and inflation expectations continue to shift. Three months into the conflict involving Iran, oil prices have surged significantly, influencing global inflation......
Grocery inflation in the United Kingdom has slowed in recent weeks, reaching its lowest pace since late 2024, according to market data from industry researchers. The moderation in price increases comes despite ongoing geopolitical tensions linked to the Iran conflict, which analysts say have not yet......
Several European Union member states, including France, Italy, and Spain, are urging the European Union to reinforce and accelerate its trade defence mechanisms in response to what they describe as unfair competition from low-cost imports that threaten European industries. The initiative, also supported......
In a historic development for the gig economy in the United States, ride-share drivers working for companies such as Uber and Lyft have officially formed a union in Massachusetts. This marks the first time such workers have gained state-recognized collective representation in the country. The newly......
Morocco's Kenitra-Marrakech high-speed rail line has surpassed 30% completion, with the project remaining on schedule for delivery in September 2029, according to the country's Minister of Transport and Logistics, Abdessamad Kayouh. The minister delivered the update before the House of Representatives......
Moroccan mining group Managem has signed a binding agreement to purchase 100% of Sound Energy Meridja Limited (SEML), the vehicle through which UK-listed Sound Energy Plc held its residual 20% interest in the Tendrara gas concession in eastern Morocco. The $57 million deal marks Sound Energy's complete......
Chinese medical technology company Jiangsu Aishelun Medical Technology Group has begun construction of its first manufacturing facility on the African continent, located at Mohammed VI Tanger Tech City in northern Morocco. The project is being developed through the company's Moroccan subsidiary,......
The government of Portugal is seeking major changes to labour regulations in an effort to strengthen economic growth and attract more foreign investment. Prime Minister Luís Montenegro said the country must modernize its labour framework to become more competitive in a rapidly changing global......
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