Economy
Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......
The ongoing Iran conflict has reshaped global financial markets, creating a clear divide between winners and losers as energy prices, currencies, and inflation expectations continue to shift. Three months into the conflict involving Iran, oil prices have surged significantly, influencing global inflation......
Grocery inflation in the United Kingdom has slowed in recent weeks, reaching its lowest pace since late 2024, according to market data from industry researchers. The moderation in price increases comes despite ongoing geopolitical tensions linked to the Iran conflict, which analysts say have not yet......
Several European Union member states, including France, Italy, and Spain, are urging the European Union to reinforce and accelerate its trade defence mechanisms in response to what they describe as unfair competition from low-cost imports that threaten European industries. The initiative, also supported......
In a historic development for the gig economy in the United States, ride-share drivers working for companies such as Uber and Lyft have officially formed a union in Massachusetts. This marks the first time such workers have gained state-recognized collective representation in the country. The newly......
Morocco's Kenitra-Marrakech high-speed rail line has surpassed 30% completion, with the project remaining on schedule for delivery in September 2029, according to the country's Minister of Transport and Logistics, Abdessamad Kayouh. The minister delivered the update before the House of Representatives......
Moroccan mining group Managem has signed a binding agreement to purchase 100% of Sound Energy Meridja Limited (SEML), the vehicle through which UK-listed Sound Energy Plc held its residual 20% interest in the Tendrara gas concession in eastern Morocco. The $57 million deal marks Sound Energy's complete......
Chinese medical technology company Jiangsu Aishelun Medical Technology Group has begun construction of its first manufacturing facility on the African continent, located at Mohammed VI Tanger Tech City in northern Morocco. The project is being developed through the company's Moroccan subsidiary,......
The government of Portugal is seeking major changes to labour regulations in an effort to strengthen economic growth and attract more foreign investment. Prime Minister Luís Montenegro said the country must modernize its labour framework to become more competitive in a rapidly changing global......
Crédit du Maroc delivered a strong financial performance in the first quarter of 2026, with its consolidated net income attributable to the group climbing 37.2% year-on-year to reach 272 million dirhams, up from 198 million dirhams during the same period in 2025. The results, reviewed by the Supervisory......
A Brazilian trade mission composed of six companies from different economic sectors is scheduled to visit Morocco from June 10 to 13 in an effort to explore new business opportunities and strengthen bilateral partnerships between the two countries. The initiative is being organized by the Arab-Brazilian......
Morocco's cement sector posted a sharp recovery in April 2026, with sales climbing 31.8% compared to the same month a year earlier, according to data released by the Directorate of Financial Studies and Forecasts (DEPF). The figure marks a return to the growth pace recorded during the equivalent......
Morocco's air transport sector posted a 17.8% increase in passenger traffic in March 2026, a sharp acceleration compared to the 9.8% growth recorded during the same month a year earlier. The figures, released by the Directorate of Studies and Financial Forecasts, confirm that the country's aviation......
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