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Economy
Attijariwafa Bank Group has appointed Rachid Kettani as its new Deputy Chief Executive Officer, entrusting him with the leadership of the retail banking division. Kettani takes over from Hassan Bertal, marking a new chapter in the bank's strategic direction. A seasoned professional with over two......
The Casablanca Stock Exchange (CSE) opened today on a positive trajectory, continuing its steady upward trend. The benchmark MASI index climbed 0.24% to reach 20,193.98 points, signaling continued investor confidence in the Moroccan market. The MASI 20 index, which tracks the 20 most liquid companies......
France is grappling with an escalating sovereign debt crisis that threatens to destabilize the eurozone's second-largest economy as political turmoil compounds the government’s challenges. Prime Minister François Bayrou faces a critical confidence vote on Monday that could lead to his......
ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......
A new wave of innovation is transforming Europe’s defense technology landscape, driven by a generation of former soldiers who are leveraging their military expertise to create multibillion-dollar enterprises. This surge comes as European nations accelerate rearmament efforts following Russia's......
DP World, the Dubai-based global port operator, has announced the launch of a new maritime route connecting Morocco with the United Kingdom and Northern Europe. The service, named "Atlas," is set to reshape trade logistics between the regions by offering faster, eco-friendly transportation......
Swedish packaging company Boxon has announced its expansion into Morocco with the launch of a new office and warehouse. The move is aimed at enhancing the company’s local presence and supporting the rapid growth of the region’s automotive sector. In a statement released on September 2, Boxon......
Fish landings from coastal and artisanal fishing at M’diq port reached 1,578 tonnes by the end of July 2025, marking a 31% increase compared to the same period last year, according to the latest data from the National Fisheries Office (ONP). The market value of these catches also rose by 17%,......
Japan and the United States are nearing the conclusion of a trade deal to reduce tariffs on Japanese automobile imports. The agreement, which aims to lower duties from the current 27.5% to 15%, is expected to take effect by the end of September, pending the issuance of an executive order by the US president. Final......
Ryanair, the budget airline, has dealt a significant blow to Spanish residents and tourists by announcing the cancellation of 36 flight routes connecting Spain with domestic and international destinations by this winter. This decision follows a reduction of 13 routes earlier in 2025, which had already......
Rabat, Morocco – Morocco has climbed to fifth place in Africa for the number of active data centers, according to a report by Heirs Technologies. With eight operational data centers, the country shows a growing digital capacity driven by targeted investments and expanding connectivity. The 48-page......
A significant gold deposit has been uncovered near Guelmim in southern Morocco, marking a historic milestone for the country’s mining sector. OLAH Palace Trading, a mining exploration firm, announced highly promising results from recent fieldwork, uncovering an extensive network of 34 hydrothermal......
Moroccan diaspora remittances reached a historic high of MAD 119 billion ($12.8 billion) in 2024, reflecting a 3.3% increase from the previous year, according to Morocco’s Foreign Exchange Office. These financial inflows continue to play a critical role in Morocco’s economic strategy, contributing......
