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Economy



Morocco’s agriculture export boom: sweet corn shipments surge to $20 million

Morocco is experiencing a significant growth in agricultural exports, with sweet corn emerging as an increasingly valuable commodity. Favorable production conditions and strong international demand have propelled the North African nation to new heights in the global agricultural market. According to......

Morocco takes lead as chair of GSTP Participants’ Committee for 2025-2026

Morocco’s Permanent Representative to the United Nations Office and other international organizations in Geneva, Ambassador Omar Zniber, has been appointed as the Chair of the Committee of Participants of the Global System of Trade Preferences among Developing Countries (GSTP) for the 2025-2026......

Nasdaq hits record high as gold soars past $3,600 amid rate cut speculation

The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......

China's renewable energy surge reshapes global energy markets

China's unprecedented investment in renewable energy is driving a global shift that could significantly curtail fossil fuel consumption by 2030, according to a new analysis by the clean energy think tank Ember. Once a major driver of global fossil fuel demand, China's transformation into a clean......

Morocco urges Africa to adopt sustainable mining governance framework

Morocco has renewed its appeal for African nations to establish a continent-wide mining framework that prioritizes governance, environmental protection, and social responsibility. Addressing the “Mauritanid” Energy and Mining Conference in Nouakchott, Leila Benali, Morocco’s Minister......

Taiwan’s record-breaking exports highlight AI-driven semiconductor boom

Taiwan’s exports soared to an unprecedented $58.5 billion in August, marking a 34.1% year-on-year increase and the island's highest-ever monthly trade performance. This significant growth defied concerns over newly imposed U.S. tariffs and underscored Taiwan’s pivotal role in the global......

Morocco’s elite graduates prioritize government careers for stability and impact

Morocco’s top graduates are shifting their career focus, favoring government positions over private sector roles. A recent survey of over 1,000 graduates from leading universities and business schools revealed that job stability and prestige are now the primary career drivers, replacing the entrepreneurial......

Anglo American and Teck merge in $53 billion copper deal to drive energy transition

Anglo American and Teck Resources have announced a landmark $53 billion merger to create one of the world’s largest copper producers, cementing Canada’s role as a global leader in critical minerals amid surging demand for metals driven by the energy transition. Formation of Anglo Teck and......

Morocco halts poultry imports from Portugal amid bird flu outbreak

Morocco has imposed a temporary suspension on poultry imports from Portugal following the outbreak of a highly pathogenic bird flu virus (H5N1) near Lisbon. The decision, announced by the National Office for Food Safety (ONSSA), includes the ban of live poultry, eggs, meat, processed products, and animal......

Dakhla transforms urban landscape with ambitious upgrades worth MAD 627 million

Dakhla is undergoing a sweeping urban transformation as part of its 2022–2027 communal action plan, with investments totaling over MAD 627 million ($68.9 million). The southern Moroccan city is focusing on modernizing infrastructure, expanding green spaces, and enhancing its overall appeal as an......

Morocco’s sports economy emerges as a global growth powerhouse

Morocco’s sports sector is undergoing a dramatic transformation, evolving beyond passion and national pride into a structured, revenue-generating industry. With significant investments in infrastructure, soaring sponsorship deals, and the rise of burgeoning disciplines like padel and esports, the......

Morocco advances cannabis industry with approval of 67 legal products

Morocco has taken a significant step toward regulating its cannabis industry by approving 67 cannabis-based products for legal distribution. This marks a key milestone in the country’s efforts to formalize a sector that has historically operated in the shadows. The newly approved products comprise......

Ethereum revenue falls 44% in August despite record price surge

Ethereum’s revenue declined sharply in August 2025, dropping 44% from the previous month to $14.1 million, down from $25.6 million in July. The slump came even as Ether (ETH) reached a historic high of $4,957 on August 24, a 240% increase since April. Impact of the Dencun upgrade The Dencun upgrade,......

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