Economy
Since the reopening of the commercial customs office between Morocco and Ceuta, the Spanish enclave has significantly increased its imports of construction materials, particularly sand, according to Spanish media reports. Official sources cited by local press indicate that more than 4,000 tons of sand......
Starting in June, new labeling rules for honey products will come into force across the European Union, aiming to improve transparency and protect consumers from misleading practices. The updated regulation requires producers to clearly indicate the origin of honey blends, listing each country of harvest......
Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......
Egypt’s economic outlook has been slightly downgraded by analysts, as rising regional tensions linked to the conflict involving Iran continue to weigh on global energy markets and inflation. According to a recent survey of economists, growth projections for Egypt’s gross domestic product......
Türkiye has officially published in its national gazette a renewed memorandum of understanding with the Organisation for Economic Co-operation and Development (OECD), confirming continued cooperation on the establishment of an OECD center in Istanbul. The approval follows a decision by President......
More than 459 million dirhams have been allocated to modernize and expand essential public services in the province of Taounate, as part of a broader effort to improve infrastructure and reduce regional disparities in Morocco. The investment program, led by the Regional Multiservices Company of Fès-Meknès,......
Italy is on track to become the most indebted country in the eurozone, surpassing Greece for the first time in years, according to recent fiscal projections. Estimates suggest that Italy’s public debt will peak at around 138.6% of its gross domestic product (GDP) in 2026, slightly above Greece’s......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
European Union maize planting is expected to fall to around 7.9 million hectares in the 2026 to 2027 season, marking its lowest level since the start of the century as rising input costs linked to the conflict in Iran weigh on farmers during spring sowing. The decline reflects several years of shrinking......
Gold prices fell to their lowest level in nearly two weeks on Friday, putting the metal on track for its first weekly decline in five weeks as a stronger US dollar and rising oil prices weighed on demand. Spot gold dropped to around 4,661 dollars per ounce during early Asian trading before recovering......
The chief executive of Deutsche Boerse has cautioned that the expansion of around the clock stock trading could weaken market structure by dispersing liquidity. Stephan Leithner said continuous trading risks undermining the concentrated activity that large institutional investors rely on to execute transactions......
The European Union has adopted a sweeping ban on cryptocurrency transactions involving service providers based in Russia and Belarus, marking a major escalation in its sanctions regime. The measures form part of the bloc’s 20th sanctions package targeting Moscow and its allies, shifting from selective......
International Airlines Group said it will increase ticket prices to offset a sharp rise in jet fuel costs linked to the ongoing Middle East conflict, marking a shift from its earlier position that fares would remain stable. The group, which owns British Airways, Iberia and Aer Lingus, stated that while......
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