Economy
The British pound posted modest gains on Tuesday after John Healey was appointed as the United Kingdom's new finance minister, with investors turning their attention to the government's fiscal strategy under recently appointed Prime Minister Andy Burnham. Sterling rose 0.15% against the U.S.......
South Africa has secured a $1.5 billion loan from the World Bank to finance structural reforms aimed at improving critical infrastructure, reducing economic bottlenecks and supporting long-term job creation, the country's National Treasury announced on Tuesday. The financing will be directed toward......
Morocco is preparing for a significant expansion of its tourism infrastructure as part of its long-term strategy for the 2030 FIFA World Cup, with plans to add approximately 60,000 new hotel beds across the country before the tournament begins. The initiative is expected to increase Morocco's accommodation......
Morocco's High Commission for Planning (HCP) expects the country's trade deficit to widen temporarily in 2026 before improving in 2027, reflecting both external economic pressures and the resilience of key domestic sectors. According to the HCP's latest economic outlook, the trade deficit......
Newly appointed UK Prime Minister Andy Burnham has pledged to maintain a cautious approach to economic management, promising not to take unnecessary risks while seeking to ease pressure on households facing persistent cost-of-living challenges. Speaking on Monday after taking office at 10 Downing Street......
Agadir is continuing to strengthen its position as one of Morocco's leading tourist destinations by expanding its air connections with Europe. The new routes are expected to improve accessibility, attract more international visitors, and support the city's long-term tourism development strategy. Low-cost......
Morocco continues to reinforce its reputation as one of the world's emerging aerospace manufacturing hubs, supported by sustained investment, a competitive industrial ecosystem, and growing integration into global aviation supply chains. Over the past two decades, the Kingdom has developed a comprehensive......
France is expected to allocate nearly €20 billion to support renewable energy producers over 2026 and 2027, according to new projections published by the country's energy regulator, highlighting the growing financial commitment required to accelerate the energy transition. The Commission de......
Bank of Africa has launched its MCM 2026 campaign, an initiative designed to strengthen its support for Moroccans living abroad by providing tailored banking services, investment opportunities, and personalized assistance before, during, and after their visits to Morocco. Built around the slogan "Wherever......
Canada's inflation rate slowed more than economists anticipated in June, offering households and policymakers a short-lived reprieve as falling gasoline prices helped ease overall consumer price growth. According to newly released data from Statistics Canada, the country's annual inflation rate......
The Morocco-Nigeria Gas Pipeline has reached a significant milestone after leaders of the Economic Community of West African States (ECOWAS) formally endorsed the project during the bloc's summit in Freetown, Sierra Leone. The approval marks a new stage for one of Africa's most ambitious energy......
China’s youth unemployment rate declined to its lowest level in a year in June, according to official data, offering a positive signal for the country’s labor market despite continued challenges facing young job seekers. Figures released by the National Bureau of Statistics (NBS) showed......
Morgan Stanley has taken another step into the digital asset market by introducing direct cryptocurrency trading through its E*TRADE investment platform, reflecting the growing integration of digital assets into traditional financial services. The new offering allows eligible E*TRADE clients to buy,......
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