During a recent visit to the Dakhla-Oued Eddahab region, the French ambassador to Morocco, Christophe Lecourtier, led a high-level delegation to reaffirm France's active support for the socio-economic and cultural development of this southern Moroccan region. This visit exemplifies France’s......
In a meeting held on Tuesday, the Finance and Economic Development Committee at the House of Representatives discussed several proposed amendments to Morocco's 2025 Finance Bill (PLF), which primarily focus on customs and fiscal measures. These amendments were reviewed in the presence of the Minister......
Energean’s CEO has recently made a statement, widely reported by international media, suggesting the company’s possible exit from Morocco. He explained, “We drilled an offshore well in Morocco, but the results did not meet our expectations. Therefore, I do not foresee any further development,......
In a remarkable financial turnaround, the wealth of the world's ten richest individuals surged by an astonishing $64 billion following Donald Trump's recent election victory. This unprecedented increase, recorded by the Bloomberg Billionaires Index, marks the largest daily gain since the index's......
As Donald Trump appears poised to reclaim the presidency, financial markets are experiencing significant shifts, with the US dollar and Bitcoin reaching new heights. The dollar surged approximately 1.5% against major currencies, including the British pound, euro, and Japanese yen, reflecting traders'......
In a noteworthy development for Morocco's economy, travel revenues reached 87.1 billion dirhams by the end of September 2024, marking an impressive 8.4% increase compared to the previous year and a remarkable 44.7% rise from the same period in 2019. This information was shared by Prime Minister Aziz......
As the United States gears up for its presidential elections today, the dollar has experienced a notable decline. This drop comes amid heightened anticipation surrounding a closely contested race between Republican candidate Donald Trump and Democratic contender Kamala Harris. On Tuesday, the dollar......
Boeing workers have ended a seven-week strike after approving a new contract offering significant wage increases and bonuses. The International Association of Machinists and Aerospace Workers (IAM) announced that 59% of its members voted to accept the agreement, which will return approximately 33,000......
The U.S. labor market showed signs of weakness in October, with payroll growth significantly affected by a combination of adverse weather conditions and labor strikes. Economists are interpreting these fluctuations as temporary setbacks rather than indicative of a broader economic downturn. Recent reports......
In a significant announcement during his visit to Rabat, French President Emmanuel Macron emphasized the continuation of public investments in Morocco, including the Sahara region. Speaking at the conclusion of the "Morocco-France Entrepreneurial Meeting," Macron highlighted Morocco's status......
In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......
A shocking investigation by CBC's The Fifth Estate and Radio-Canada has uncovered a massive breach of taxpayer accounts, with tens of thousands of Canadians' personal data compromised. The Canada Revenue Agency (CRA) has admitted to underreporting cyberattacks against taxpayers, with over 31,000......
Maroc Telecom, Morocco's premier telecommunications provider, has reported a substantial increase in its subscriber base, reaching 79.7 million users by September 2024. This 6.1% growth over the past year is driven by the company’s expansion in African markets and the rising demand for postpaid......
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