Economy
A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......
EasyJet has inaugurated a new direct air route connecting Strasbourg and Marrakech, expanding low-cost connectivity between France and Morocco. The service, which began operating on Sunday, runs twice weekly on Thursdays and Sundays between Strasbourg-Entzheim Airport and Marrakech-Ménara Airport.......
Morocco's Secretariat of State for Crafts and the Social and Solidarity Economy organized the award ceremony for the seventh edition of the national program "Lalla Al Moutaâouina" on April 30 in Rabat, in partnership with the Office for Cooperative Development (ODCO). The event took......
The Danish Financial Supervisory Authority (FSA) has asked police to investigate whether Nordea Bank complied properly with anti-money laundering regulations in Denmark. The move reflects growing scrutiny of banks’ internal controls across Europe. Authorities are examining whether the bank met......
Indian battery manufacturer Exide Industries Ltd reported a significant increase in its quarterly performance, supported by strong demand from the automotive sector and favorable tax policies. The company benefited from sustained growth in vehicle sales across multiple segments, including two-wheelers,......
Morocco's ambassador to the United Kingdom, Hakim Hajoui, traveled to Manchester on Friday to present the country's investment opportunities to a broad audience of British business leaders, in a meeting designed to deepen economic ties between the two nations. The event reflected a deliberate......
India has restarted wheat exports after a four-year pause, signaling a shift in its agricultural trade policy. The decision follows improved harvests and the rebuilding of national reserves, allowing authorities to re-enter global markets cautiously. As the world’s second-largest wheat producer......
Morocco’s natural gas imports fell by 15.0% year‑on‑year in the first quarter of 2026, bringing volumes to 1.98 terawatt‑hours over the first three months of the year, according to data from the Washington‑based energy platform Attaqa. While the quarter began with a notable year‑on‑year......
Shares of major German car manufacturers dropped following the announcement by Donald Trump of a new increase in import tariffs on foreign vehicles. The measure raises duties from 15% to 25%, putting renewed pressure on an already fragile sector. Companies such as Dr. Ing. h.c. F. Porsche AG, Bayerische......
Swiss lawmakers have launched discussions aimed at rapidly deciding new capital requirements for UBS Group AG, the country’s largest bank. The debate reflects growing urgency to clarify financial regulations in the wake of recent banking sector upheavals. Parliamentary sources indicate that authorities......
France is expected to experience a rise in inflation in the short term before returning to more stable levels later in the decade, according to François Villeroy de Galhau, head of the Banque de France. Speaking during recent economic discussions, Villeroy indicated that inflation could fluctuate......
Japan and Australia signed a series of agreements on critical minerals and energy cooperation during a bilateral summit in Canberra, as both countries move to secure supply chains under mounting pressure from global oil market instability linked to tensions in the Middle East. Japanese Prime Minister......
The United States has significantly increased economic pressure on Iran as part of a broader strategy combining financial sanctions and maritime restrictions, according to statements from senior officials in the Trump administration. US Treasury Secretary Scott Bessent stated that Washington is implementing......
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