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Economy



Global stock markets rebound as Fed signals rate cut may be near

World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent......

Security forces intercept drone near key gas field in Iraq's Kurdistan

Iraqi Kurdish security forces opened fire on a drone approaching the Khor Mor gas field late Sunday, according to security sources. The incident occurred in the Kurdistan region, where the gas field is one of the largest and most strategically important in Iraq. The drone was intercepted before it could......

Three major ports handle over 88% of Morocco’s National maritime traffic

Morocco’s port activity recorded significant momentum in 2024, with national maritime traffic reaching 241.2 million tonnes, a 15.2% increase compared to the previous year, according to data from the Directorate of Ports and Maritime Public Domain. The surge underscores the growing weight of the......

Moroccan fruit and vegetable surge raises concerns among Spanish producers

Spain’s imports of Moroccan fruits and vegetables have risen sharply during the first eight months of 2025, reshaping the Spanish market and heightening concerns among local producers. Recent data from the Spanish customs administration, analyzed by the Federation of Spanish Exporters and Importers......

CDG Invest Growth set to join Sodalmu in major investment to boost Moroccan beverage brand

CDG Invest Growth is advancing plans to increase its investment presence by signing an agreement to acquire a minority stake in Sodalmu, the Moroccan company behind the popular ICE soft drink brand. This move is pending approval from......

Fitch Ratings highlights Morocco's rise as a key financial hub

Morocco is emerging as a pivotal hub for evaluating investment funds and asset managers, according to a new Fitch Ratings report on Investment Management Quality Ratings (IMQRs). These ratings serve as a benchmark for assessing the operational quality and investment capabilities of asset managers globally. The......

Japan’s bond yields ease after government approves $135 billion stimulus package

Japanese government bond yields retreated from their highest marks in 17 years following the approval of a substantial 21.3 trillion yen ($135 billion) economic stimulus package by Prime Minister Sanae Takaichi's cabinet. The stimulus aims to support economic growth and ease inflationary pressures,......

Morocco positions itself at the center of Africa’s industrial shift as IMC 2025 nears

Morocco is preparing to host the second edition of the Morocco International Mining Congress as Africa marks Africa Industrialization Day. The event underscores the continent’s growing industrial momentum and highlights Morocco’s expanding role in shaping regional competitiveness. The audience......

Morocco advances aquaculture with approval of 300 marine farms

Morocco has authorized 300 marine aquaculture farms, marking a significant step in the country’s efforts to develop its blue economy. Government spokesperson Mustapha Baitas announced the approval following the weekly Government Council meeting, where draft decree No. 2.24.830 was adopted. The......

MG Motor unveils HS Hybrid+ in Morocco, advancing sustainable mobility

MG Motor has officially launched its new HS Hybrid+ model in Morocco, marking a significant advancement in the brand’s automotive offerings. The company’s latest release promises cutting-edge technologies designed to enhance safety, comfort, and fuel efficiency compared to its predecessors. According......

Morocco strengthens its economic footprint with the launch of its first chamber of commerce in Italy

The Morocco-Italy Chamber of Commerce (CCMI) was officially inaugurated in Rome on Wednesday, marking a milestone in bilateral economic cooperation between the two nations. This new institution aims to foster investment opportunities, promote trade exchanges, and serve as a strategic link between Moroccan......

G20 billionaires' wealth gains could end global poverty amid inequality and debt crises

Billionaires in the G20 countries earned a staggering $2.2 trillion in 2024, an amount that surpasses the $1.65 trillion needed to lift 3.8 billion people out of poverty worldwide, according to a report by Oxfam released ahead of the G20......

Egypt installs first nuclear reactor vessel at Dabaa power plant

Egypt celebrated a significant milestone in its nuclear energy program with the installation of the first reactor pressure vessel at the Dabaa Nuclear Power Plant. The ceremony, attended virtually by Egyptian President Abdel Fattah al-Sisi......

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