Economy
Morocco has joined the ranks of nations with the highest corporate income tax rates worldwide after raising its statutory corporate tax rate by one percentage point to 35 percent, according to the latest Corporate Tax Statistics 2026 report published by the Organisation for Economic Co-operation and......
Shares of American Airlines Group Inc. took a severe beating on Wall Street on Thursday, falling nearly eight percent to close at $13.62 after the carrier cut its full-year profit outlook for the second time this year. The sharp market reaction underscores the growing strain that elevated jet fuel prices......
The Moroccan economy is expanding at its fastest pace in more than ten years, heavily propelled by a boom in infrastructure investments and a notable recovery in the agricultural sector, according to a recent World Bank report. Released in its summer economic update titled "Cementing Growth: Digital......
London Stansted Airport has announced the return of daily Royal Air Maroc flights connecting the British capital with Casablanca, strengthening air links between the United Kingdom and Morocco and providing travelers with an additional option for reaching the North African country. The service is expected......
Morocco is set to welcome a new player in the fintech sector after startup Zazu secured $1 million in initial funding to prepare the launch of its digital banking platform in Morocco and South Africa. The company aims to provide small and medium-sized enterprises (SMEs) with easier access to financial......
Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading,......
Tanger Med is strengthening its position in international financial markets after Tanger Med Port Authority secured credit ratings from two major global rating agencies, a move expected to increase investor confidence and broaden access to international financing. Moody's Ratings assigned the port......
Airbus is considering expanding its industrial and aviation activities in Morocco, highlighting the country's growing aerospace capabilities and its increasingly mature industrial ecosystem. Speaking during the Farnborough International Airshow in the United Kingdom, Gabriel Semelas, Airbus President......
Morocco's high-speed Al Boraq train is playing an increasingly important role in strengthening Tangier's position as a major tourist destination and a key gateway to the country's most popular cities. A recent report by the British newspaper The Telegraph highlighted the impact of Al Boraq......
The US Senate is preparing for a potentially decisive vote on the CLARITY Act, a major legislative proposal aimed at establishing clearer rules for the cryptocurrency and digital asset industry. The legislation is expected to face a vote next week, placing the future of US crypto regulation at the center......
The French government has extended the deadline for motorists eligible for the “grands rouleurs” fuel assistance programme, allowing high-mileage drivers to submit their applications until the end of August instead of the original July deadline. Government spokesperson and Energy Minister......
Bitcoin came under renewed pressure after approaching the $67,000 mark, as rising geopolitical risks and higher oil prices prompted investors to reassess their exposure to riskier assets. The world's largest cryptocurrency climbed from around $65,149 to nearly $66,965 before encountering strong......
Amazon is restructuring parts of its artificial intelligence operations, reducing staff within its artificial general intelligence division as the technology sector becomes increasingly competitive and companies reassess how they allocate resources. The company said the workforce changes are part of......
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