Economy
Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......
The Moroccan investment and export initiative Morocco Now has arrived in Germany as part of a multi-city economic roadshow running from December 8 to 12. The tour aims to promote Morocco’s global investment offer and strengthen its visibility among major economic partners. Led by Karim Zidane,......
Morocco’s Holmarcom Group announced on Friday that it has entered exclusive negotiations with BNP Paribas regarding the potential acquisition of the French bank’s 67% stake in BMCI, its Moroccan subsidiary. Holmarcom has been a shareholder in BMCI for three decades and now appears poised......
Renault Group has reaffirmed its commitment to improving labor conditions and supporting worker rights in Morocco through the signing of new collective agreements. These agreements encompass all industrial and commercial entities operated by the group in the country. On Wednesday, Renault signed agreements......
Morocco’s Competition Council has issued a stark warning about the nation’s lack of strategic grain reserves, leaving the market vulnerable to shocks caused by droughts, global instability, or geopolitical crises. The Council emphasized that building such reserves is critical to ensuring......
The African Development Bank (AfDB) has approved a €150 million credit line for Morocco’s Municipal Equipment Fund, aiming to support local development projects across the country. The initiative seeks to enhance infrastructure, climate resilience, and connectivity, with a particular focus......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration......
The African Development Bank (AfDB) board approved on Wednesday in Abidjan a €150 million credit line to Morocco’s Communal Equipment Fund (FEC) to finance new investment and sustainable infrastructure projects. The initiative aims to promote inclusive development and strengthen local territorial......
The United States and Ukraine have intensified efforts to advance their joint post-war recovery strategy through the newly launched Reconstruction Investment Fund. During a high-level virtual meeting, Ukrainian Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent reviewed progress......
Mexico’s Congress has approved a sweeping package of tariff increases on imports from several Asian countries, marking a major shift in the country’s trade policy aimed at both protecting domestic producers and strengthening relations with the United States. Under the new legislation, import......
Billionaire hedge fund manager Chris Rokos has undertaken a major shift in his artificial intelligence investment strategy, signaling a decisive move toward chip manufacturing and away from software. Recent regulatory filings reveal that Rokos Capital dramatically increased its holdings in Nvidia while......
Global stock markets drifted lower on Wednesday as investors waited for the Federal Reserve’s final interest rate decision of the year, while silver prices reached unprecedented highs and the Japanese yen weakened sharply. Global markets restrained before Fed move Equities across Europe and Asia......
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