Economy
EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded......
Morocco's Competition Council has unveiled its seventh quarterly report on the wholesale fuel market, analyzing the performance of nine major distributors during the second quarter of 2025. The report highlights key trends in import volumes, pricing, storage capacities, and gross margins across gasoil......
Bitcoin’s recent market turbulence has captured global attention, as the cryptocurrency briefly surged past $126,000 before plunging in a sudden correction. The dramatic price swing has reignited debates over the factors driving its volatility. New analysis from Citigroup suggests that the sharp......
Amid mounting climate challenges and dwindling water reserves, Morocco is accelerating its desalination strategy to meet rising demands and ensure a sustainable water supply. This shift is driven by an ambitious plan to double investments in desalination by 2033, leveraging advanced technology and renewable......
Transavia has officially inaugurated its first flight connecting Amsterdam and Rabat, marking a significant milestone in the Dutch airline’s expansion into North Africa. The inaugural flight, which departed from Amsterdam's Schiphol Airport, was attended by Transavia CEO Marcel de Nooijer and......
Morocco has emerged as one of the leading markets for renewable energy investment in the Arab region, according to a recent report by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The study, which spans the period from 2003 to 2024, highlights the country's consistent performance......
The European Commission has conditionally approved Abu Dhabi National Oil Company's (Adnoc) €14.7 billion acquisition of Covestro, a major German chemical manufacturer. This decision marks one of the most significant foreign takeovers of a European industrial firm by a Gulf state entity, clearing......
Spain faces a pressing demographic challenge as a new report reveals that the country will require 2.4 million additional workers over the next decade to maintain economic productivity and stabilize its pensions system. With a rapidly aging native population, experts emphasize that migrants will play......
U.S. stock futures dropped sharply on Friday morning as investor optimism over a Federal Reserve interest rate cut in December dwindled, following a tumultuous trading session that marked Wall Street’s steepest losses in over a month. Futures tied to the Dow Jones Industrial Average fell by 0.6%,......
Spain is preparing to restore a stricter refund policy for high-speed rail passengers, requiring the national operator Renfe to compensate travellers delayed by as little as fifteen minutes. The shift follows a vote in Congress to reinstate the earlier reimbursement model that had been replaced in 2024......
Asian stock markets experienced a sharp decline on Friday, following Wall Street’s steepest losses in over a month. Investor sentiment soured amid growing doubts about the Federal Reserve’s willingness to cut interest rates in December and concerns over inflated valuations of artificial intelligence......
Bank of Africa has unveiled two exclusive, limited-edition bank cards featuring Moroccan football star Brahim Diaz ahead of the highly anticipated Africa Cup of Nations (AFCON) 2025. The tournament, taking place in Morocco from December 21, 2025, to January 18, 2026, marks the first time the country......
Morocco’s National Airports Office (ONDA) has announced a sweeping overhaul of the country’s air navigation system under its Airports 2030 strategy. This initiative aims to equip Morocco with a cutting-edge, resilient air traffic management system that aligns with the highest international......
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