Economy
The price of diesel in France has climbed to a new record, reaching an average of €2.4097 per litre on Sunday as disruptions linked to the geopolitical crisis continue to weigh on fuel supplies. The latest figure, compiled from prices reported at more than 8,700 service stations, represents another......
Gabon has approved a 129.7 million euro loan from the International Bank for Reconstruction and Development (IBRD) to support improvements in drinking water, sanitation and electricity services. The government endorsed the bill authorizing the borrowing during a Council of Ministers meeting chaired......
A large-scale urban improvement programme has officially begun in Had Soualem, with a total budget of MAD 105 million dedicated to upgrading some of the city's main arteries and improving public infrastructure. The project brings together several levels of local and regional authorities, including......
Entrepreneurs, investors, institutions, and experts from Morocco and Canada gathered in Montreal with a shared goal: to transform economic exchanges between the two countries into concrete projects. Organized by the Morocco-Canada Economic Chamber (CEMC), the meeting on September 19 focused on investment,......
Beef prices in Morocco have climbed beyond MAD 140 per kilogram in some regions, putting renewed pressure on consumers and prompting meat-sector professionals to look toward additional imports to strengthen domestic supply. Frozen beef shipments, particularly from Brazil, are expected to begin arriving......
The American industrial group Veritas has completed construction of its first manufacturing facility in Africa, choosing Tangier as the location for a new plant designed to serve Morocco’s expanding automotive ecosystem and customers across North Africa. The company announced the completion of......
Morocco’s motorway network experienced an unusually intense summer in 2026, with daily traffic reaching levels well above those recorded during ordinary periods. The surge provides a snapshot of the growing pressure placed on the country’s transport infrastructure during peak travel periods. According......
Morocco’s Tanger Med port is consolidating its position as a major hub for container shipping, standing out in both Africa and the Mediterranean as global trade patterns continue to evolve. The Moroccan port’s latest performance highlights the growing importance of its location at the crossroads......
Türkiye has revoked the operating licence of Bank Mellat’s Istanbul branch, in a decision announced by the country’s Banking Regulation and Supervision Agency (BDDK) and published in the Official Gazette on September 19. The decision, adopted by the BDDK board on September 18, concerns......
The World Bank has approved a $165.9 million grant to help Malawi strengthen its resilience to climate-related shocks and economic pressures, with a focus on social protection, employment opportunities and support for vulnerable households. The new funding is designed to connect social safety nets with......
More than 1.6 million Russian tourists travelled to China during the first half of 2026, highlighting the rapid expansion of travel between the two countries following the introduction of visa-free arrangements. Russian Ambassador to China Igor Morgulov said the number of Russian visitors had increased......
Global fuel markets could face renewed pressure as disruptions affecting diesel supplies begin to spill over into gasoline markets, with geopolitical tensions and reduced shipping activity through the Strait of Hormuz adding to concerns over energy availability. Goldman Sachs expects gasoline prices......
The European Union exceeded its first mandatory target for sustainable aviation fuel (SAF) use in 2025, marking a significant step forward in the bloc’s efforts to reduce emissions from air transport, according to the European Union Aviation Safety Agency (EASA). The agency said in its 2026 annual......
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