The Tanger Med port complex has consolidated its position as the leading maritime hub in the western Mediterranean, overtaking major Spanish ports and steadily closing the gap with Europe’s largest container gateways. Located in northern Morocco, Tanger Med has recorded sustained growth in international......
Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a......
European equities edged lower on Thursday after reaching record highs a day earlier, as investors weighed a sharp rise in oil prices against escalating tensions between the United States and Iran over Tehran’s nuclear program. The pan European Stoxx Europe 600 index fell 0.1 percent in early trading,......
Renault Group has reported a net loss of €10 billion, a headline figure that contrasts sharply with what executives describe as one of the strongest financial positions in the company’s history. The discrepancy is largely the result of exceptional accounting charges tied to Renault’s......
A new United Nations report has highlighted persistent barriers preventing women in Morocco and across the Arab region from fully participating in the financial system, warning that limited access to banking and digital services continues to restrain economic growth. In its study titled Unlocking women’s......
European Union ambassadors are meeting this week to finalize sanctions against the Kulevi oil terminal in Georgia as part of the bloc’s 20th sanctions package against Russia, in what would mark the first time Brussels targets a port in a country officially seeking EU membership. The proposed measures......
Hungary’s state controlled energy company MOL has ordered its first seaborne deliveries of Russian crude to be routed through Croatia, marking a new phase in an energy supply dispute involving Kyiv, Budapest and Bratislava after damage to the Druzhba pipeline in late January. Foreign Minister......
Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......
DP World on Monday released new regional findings from its Global Trade Observatory Annual Outlook Report 2026, indicating that 94 percent of supply chain leaders surveyed expect global trade growth in 2026 to match or exceed 2025 levels. The outlook remains positive even as companies contend with customs......
Christine Lagarde is expected to leave the European Central Bank before the end of her eight year term as president, which is due to expire in October 2027, according to a report published by the Financial Times on February 18, 2026. The development would mark a reversal for Lagarde, who less than a......
Investor sentiment toward the US dollar has fallen to its most bearish level in more than 14 years as the BRICS bloc steps up efforts to develop a cross border payment system aimed at reducing reliance on dollar dominated financial channels. The initiative builds on Brazil’s instant payment platform......
CIH Bank has issued a warning after a viral video surfaced in which a customer claimed she had been defrauded. The bank clarified that the incident was linked to a scam, in which the customer voluntarily shared her banking information with fraudsters. According to CIH, the victim had been contacted......
Afghanistan and Uzbekistan have signed 25 commercial agreements worth more than $300 million at a trade connectivity conference aimed at strengthening bilateral commerce and investment between Kabul and Tashkent. According to Afghanistan’s Ministry of Commerce and Industry, the agreements span......
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