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Economy



China posts record trade surplus exceeding $1 trillion in 2025

China recorded a historic trade surplus in 2025, surpassing one trillion dollars for the first time, according to official customs data released on Monday. From January to November, the country accumulated a surplus of 1.08 trillion dollars, driven by resilient exports to markets outside the United States. Analysts......

Morocco becomes the third-largest Arab client of Turkey in 2025 with imports valued at 36.3 billion dirhams

Morocco ranked as Turkey’s third-largest Arab customer during the first ten months of 2025, according to official data released by Türkiye’s Statistical Institute (TURKSTAT). Between January and October, Moroccan imports of Turkish goods reached an estimated 3.63 billion USD, or 36.3......

Spain investigates lab leak in swine fever outbreak

Spain's authorities are probing whether a recent African swine fever outbreak in Catalonia stemmed from a laboratory incident, as genome analysis points to a research strain rather than wild transmission. The EU's leading pork producer detected the virus in 13 wild boars near Barcelona since......

Ukraine intensifies drone campaign with new strike on Russia’s Ryazan oil refinery

Ukraine carried out another targeted drone attack against Russia’s Ryazan oil refinery overnight, intensifying its ongoing strategy to weaken Moscow’s energy production network. The strike, the ninth of this year on the facility, triggered explosions and a fire at what is considered one of......

European fintech startup Zazu secures $1 million to expand in Morocco and South Africa

European fintech startup Zazu has raised $1 million in pre-seed funding to accelerate its expansion into Morocco and South Africa, with plans for a broader Africa-wide rollout starting in 2026. The company, founded in 2024 by former Solarisbank executives Rinse Jacobs and Germain Bahri, offers an all-in-one......

ONCF achieves major milestone in railway safety under Wiam Ghrabi

Rabat, December 5, 2025 – The Moroccan National Railway Office (ONCF) has taken a significant step forward in railway safety, unveiling a comprehensive roadmap aimed at reducing incidents by 60% over the next five years. Wiam Ghrabi, Director of Strategic Planning at ONCF, presented the initiative......

Five major contenders emerge as new Sidi Ichou–Fes railway corridor spurs global competition

Morocco is preparing to launch one of its most significant railway undertakings of the decade: a new rail link connecting Sidi Ichou and Fes. With an estimated cost of 1.164 billion dirhams and a construction timeline of three years, the project is expected to redefine mobility between the western region......

Akhannouch: Morocco-Spain partnership as a strategic catalyst for Africa-Europe relations

Morocco’s Prime Minister, Aziz Akhannouch, affirmed on Wednesday in Madrid that the partnership between Morocco and Spain serves as a strategic catalyst to strengthen relations between Africa and Europe. Speaking at the conclusion of the Spain-Morocco business forum, Akhannouch described the current......

Morocco emerges as a model in seawater desalination and renewable energy

Morocco is positioning itself as a global model in seawater desalination and the promotion of renewable energies, emphasized UN Special Envoy for Water, Retno Marsudi, during her visit to Marrakech on Tuesday. Speaking after bilateral talks with Nizar Baraka, Morocco’s Minister of Equipment and......

Morocco’s Nador LNG terminal attracts global interest from over 50 energy companies

Morocco has seen unprecedented international interest following the launch in April 2025 of its first liquefied natural gas (LNG) terminal at Nador West Med. Over 50 global energy companies expressed initial interest in the project, with 48 formally confirming their intent to participate, reflecting......

Italia Marittima launches new shipping route between Morocco and Spain

Italia Marittima, a subsidiary of Evergreen, has launched a new commercial shipping route connecting Morocco and Spain, enhancing trade links between the two countries. The route will now operate on a four-week rotation instead of the previous three-week cycle, with weekly departures maintained. The......

Al Barid Bank reports strong growth in Q3 2025 driven by inclusive and innovative model

Al Barid Bank has posted robust growth during the first nine months of 2025, reflecting the strength of its inclusive and innovative banking model. As of September 30, 2025, customer deposits reached 79.5 billion dirhams, up 6.6% compared to the previous year, with 37.9 billion dirhams in savings deposits,......

Türkiye's economy expands 3.7% year-on-year in third quarter

Türkiye’s economy grew by 3.7% year-on-year in the third quarter of 2025, according to official figures released Monday by the Turkish Statistical Institute (TurkStat). The country’s gross domestic product (GDP) at current prices surged 41.6% to 17.42 trillion......

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