Economy
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
India’s central bank has stepped in to defend the rupee after the currency plunged to a new record low against the U.S. dollar, marking one of its weakest stretches in recent years. The Reserve Bank of India (RBI) conducted a $5 billion foreign exchange swap auction on Tuesday, deploying one of......
As the 2025 Africa Cup of Nations approaches, the Moroccan capital Rabat is gradually preparing to host the continental football event, scheduled to take place from December 21 to January 18. In order to support the expected influx of visitors, supporters and tourists, the Rabat municipal council has......
San Francisco-based investment firm Dragoneer has successfully raised $4.3 billion for its seventh venture capital fund, exceeding its target within just a few months. The milestone comes at a time when global venture fundraising remains sluggish, underscoring the firm’s appeal among investors......
Tangier has opened a new chapter in its public transport system with the rollout of 280 new generation buses across the city and the communes served by the intercommunal cooperation body Al Boughaz. The deployment marks one of the most significant upgrades to Tangier’s bus network in recent years,......
Royal Air Maroc is preparing a major expansion of its international network in 2026 as part of its strategy to position Casablanca as a global aviation hub and reinforce Morocco’s role as a crossroads between continents. Starting next year, the national carrier will introduce a new wave of direct......
Morocco is on track to register a record year of cooperation with the European Bank for Reconstruction and Development, with new contracts expected to total around one billion dollars in 2025. Greg Guyett, the bank’s first Vice President, highlighted the figure as a sign of the strength of the......
Crypto markets opened the week under pressure as traders positioned for a dense calendar of economic releases that could inject fresh volatility into digital assets in the coming days. In early trading, bitcoin extended recent weakness, briefly slipping below 88,000 dollars in a familiar late weekend......
The new Rabat Ryad train station officially opened its doors on Monday, marking a major upgrade to the Moroccan capital’s railway network. The announcement was made by the National Railways Office (ONCF) on its official social media page. Strategically located in the Hay Ryad neighborhood near......
Spanish authorities have imposed a substantial fine of more than 64 million euros on Airbnb for publishing advertisements for properties that are not authorized for short-term rental. The sanction comes amid growing concern over Spain’s housing crisis, particularly in major cities and tourist areas. According......
The Moroccan Capital Market Authority has launched an intensive training program to prepare national regulators for the forthcoming legal framework on crypto assets and digital finance. Over four days in Rabat, the authority convened a specialized seminar on crypto asset supervision and blockchain analysis,......
Morocco has strengthened its foothold in the German citrus market, posting record shipments of mandarins and clementines during the 2024/2025 export season. Trade data indicate that the country is moving beyond its traditional destinations and consolidating its position in Europe’s largest economy,......
Marsa Maroc has concluded a long term social peace agreement with its trade union partners, setting a stable framework for labor relations across its port operations through the end of 2030. Signed in Mohammedia, the accord brings together the company and five representative unions, UMT, ODT, CDT, FDT,......
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