Economy
Europe's banking sector continued its multi-year resurgence on Wednesday as Deutsche Bank, UBS and Standard Chartered all reported second-quarter earnings that exceeded market expectations. The latest results extend a recovery that has driven European bank shares sharply higher since 2024, demonstrating......
Morocco’s Tanger Med port is strengthening its position in global maritime trade after ranking 16th among the world’s largest container ports, according to a recent classification published by Ports Europe. The port complex recorded strong growth in 2025, handling approximately 11.1 million......
Morocco is emerging as an increasingly important player in the global supply chain for electric vehicle batteries, supported by its substantial phosphate resources, strategic location and expanding industrial base, according to the International Energy Agency’s latest analysis of critical minerals. The......
A Moroccan green ammonia project has received a new boost after the United States Trade and Development Agency (USTDA) approved a $5.7 million grant to support preliminary engineering studies, strengthening Morocco's ambitions to develop a competitive green hydrogen industry and attract international......
Global commercial aviation has reached a historic milestone, with airlines operating a record number of flights in a single day as the summer travel season reaches its peak across the Northern Hemisphere. Data from FlightRadar24, a platform specializing in monitoring global air traffic, showed that......
Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction......
Eicher Motors reported quarterly earnings above market expectations, supported by robust domestic demand for its iconic Royal Enfield motorcycles and the positive impact of price increases. For the quarter ended June 30, the Indian automaker posted a consolidated net profit of 14.63 billion rupees (approximately......
Apple has reached a new milestone in global financial markets after its market capitalization surpassed $5 trillion during Tuesday's trading session, making it only the second publicly listed company in history to reach that level after Nvidia. The achievement was supported by a strong rise in Apple's......
India's largest oil refiner, Indian Oil Corporation (IOC), is exploring the acquisition of stakes in very large gas carriers (VLGCs) as part of a strategy to strengthen its logistics capabilities and prepare for increased imports of liquefied petroleum gas (LPG) from the United States. According......
The South African rand traded in a narrow range on Wednesday as investors adopted a cautious stance ahead of the U.S. Federal Reserve's latest monetary policy announcement, with global markets looking for fresh guidance on inflation and the future path of interest rates. In early trading, the rand......
Morocco is moving closer to adopting a national blue economy strategy aimed at unlocking the economic potential of its maritime and coastal resources while promoting sustainable development. The initiative is expected to strengthen the country's position as a major Atlantic hub connecting Africa......
Crédit du Maroc (CDM) has successfully completed its capital increase, with investor demand exceeding the number of shares offered, highlighting continued confidence in the Moroccan banking group's growth strategy. The capital raising, conducted through a cash contribution reserved for existing......
Morocco's agricultural and food exports continued to expand in 2025, reaching MAD 86.2 billion, compared with around MAD 62 billion in 2020. The increase represents growth of approximately 38% over five years, highlighting the growing role of the sector in the country's international trade. The......
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