Economy
Morocco has strengthened its position in the European agri-food market by becoming the fourth largest supplier of mandarins to Germany, reflecting steady growth in citrus exports over recent years. The increase highlights the country’s expanding role in meeting European demand for fresh fruit. During......
Russia’s oil trade is under growing strain after a new wave of Western sanctions targeted companies, traders, and vessels linked to its so-called shadow fleet. Britain and the European Union unveiled coordinated measures aimed at curbing Moscow’s circumvention of energy restrictions and tightening......
European financial markets reacted cautiously on Friday after the European Union reached a landmark agreement to provide a €90 billion loan package to Ukraine, financed through collective borrowing. The move reinforced the bloc’s growing use of shared debt instruments, even as investors weighed......
France’s economic prospects for 2025 appear stronger than previously expected, as the country’s central bank has revised its growth forecast upward. Despite a challenging political and budgetary environment, the institution now anticipates a moderate but resilient expansion of the French......
Europe’s central bank is navigating two parallel challenges as it seeks to balance financial innovation and stability: tightening oversight of private digital currencies and advancing the development of a digital euro. European Central Bank President Christine Lagarde highlighted both issues during......
Chinese automakers are increasingly establishing themselves in Morocco’s car market, gaining momentum with remarkable sales growth that challenges the dominance of traditional European brands. Over the past year, Chinese manufacturers have moved from being peripheral players to significant competitors......
Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......
Russia revealed for the first time that its direct expenditure on the war in Ukraine will surpass $137 billion in 2025, a disclosure that sheds light on the mounting fiscal burden of the prolonged conflict. Defense Minister Andrey Belousov announced that the country will allocate 11.1 trillion rubles......
Ryanair has announced the opening of its fifth base in Morocco, located in Rabat, starting April 2026. The new base will operate two aircraft and represents an investment of $200 million, offering 20 routes in summer 2026, including seven new connections to major European destinations such as Milan Bergamo,......
Gold prices steadied close to their record peak on Thursday, while silver and platinum continued to test fresh highs as investors awaited key US inflation data and central bank decisions that could shape global monetary policy through year-end. Spot gold hovered around 4,334 dollars an ounce, roughly......
The pharmaceutical sector in Morocco is increasingly moving beyond its traditional role as a pillar of public health. Over the years, it has become a strategic space for capital concentration, where value is created, consolidated and transferred through large-scale financial operations, often with limited......
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s......
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