Economy
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......
Morocco and Germany are seeking to deepen their strategic partnership as senior officials from both countries met in Berlin to discuss new areas of cooperation and investment. The talks brought together Karim Zidane, Morocco’s Minister Delegate in charge of Investment, and Reem Alabali-Radovan,......
Moroccan households often face a difficult dilemma when moving to a new home: selling their current property at the right price and time while securing their next purchase. In reality, selling within the desired timeframe is a major challenge, with long negotiations, canceled visits, and buyers who fail......
The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......
Renault is exploring the possibility of establishing an electric vehicle production plant in Morocco, with the upcoming Nador West Med port being evaluated as a potential location. The port, slated to open in 2026, has recently been confirmed on schedule by Morocco's Minister of Equipment, Nizar......
Morocco is set to revolutionize its trade and energy sectors with the inauguration of two major deepwater ports, Nador West Med and Dakhla Atlantique, as part of its ambitious infrastructure expansion program. These projects solidify Morocco’s role as a strategic gateway connecting Africa with......
Airbus has finalized the acquisition of Spirit AeroSystems’ Casablanca facility, marking a significant step in consolidating its global supply chain. Announced on Monday, the deal highlights Airbus’s commitment to Morocco as a “key country” for expanding its aviation manufacturing......
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