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Economy
European and Indian stock markets opened higher on Friday as positive corporate earnings reports and easing trade tensions between the United States and China lifted investor sentiment across global markets. India's benchmark BSE Sensex gained 0.13% to open at 84,667.23, while the Nifty 50 rose......
Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......
Oil prices have soared to their highest weekly increase in nearly five months, driven by fresh sanctions from the United States and the European Union against Russia's largest oil companies. The measures have sparked fears of supply disruptions, pushing crude futures up by over 5% on Thursday. Brent......
Belgium has unilaterally blocked a proposed €140 billion European Union loan for Ukraine, guaranteed by frozen Russian central bank assets. The move, led by Belgian Prime Minister Bart De Wever, has forced EU leaders to postpone a final decision until December, jeopardizing Ukraine’s urgent......
Morocco’s growing prominence as a regional trade and financial hub has drawn renewed attention from the World Bank, which praised the North African country’s progress while urging continued reforms to unlock the full potential of its capital markets. In its latest assessment, the World Bank......
The second edition of Global Food Week 2025 wrapped up at the Abu Dhabi National Exhibition Centre (ADNEC), showcasing groundbreaking agricultural advancements, fostering international collaborations, and celebrating excellence across the food and farming industries. Held under the patronage of Sheikh......
Morocco is intensifying its energy transition with the 2026 draft finance bill, reinforcing long-term strategies to expand renewable energy, advance green hydrogen projects, and modernize the country’s energy infrastructure. Since the launch of its National Energy Strategy in 2009, Morocco has......
Morocco and Spain are moving to strengthen their economic ties as both nations prepare to co-host the 2030 FIFA World Cup alongside Portugal. The initiative reflects a shared vision for sustainable growth and deeper regional integration. Morocco’s General Confederation of Moroccan Enterprises......
Morocco has received high praise from the United Nations’ top trade official for its exemplary economic development model and its contributions to international cooperation. Rebecca Grynspan, Secretary-General of the UN Conference on Trade and Development (UNCTAD), highlighted Morocco as a “model......
The United States has launched its most comprehensive economic measures against Russia, targeting its two largest oil companies, Rosneft and Lukoil, as efforts to resolve the war in Ukraine remain stagnant. The sanctions, announced by Treasury Secretary Scott Bessent on October 21, 2025, represent a......
Morocco’s draft 2026 Finance Bill introduces sweeping reforms designed to strengthen economic sovereignty, modernize customs oversight, and provide targeted support for local industries. The proposals aim to combat informal activities, incentivize sports enterprises, and align the country with......
A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......
Geneva, October 22, 2025 — Morocco is emerging as a model of “open and competitive regionalism,” combining trade openness with regional and international partnerships to navigate the uncertainties of global trade policies, Minister of Industry and Trade Ryad Mezzour said Tuesday in......
