Economy
Gas cylinder distributors in Morocco have announced a temporary suspension of their delivery operations on April 21 and 22, citing worsening economic conditions and declining profit margins. The decision was confirmed by Mohamed Benjelloun, head of the Association of Gas Cylinder Depositaries and Distributors.......
Libya has taken a significant step toward economic and political unity after its rival legislative bodies approved the country’s first unified state budget in more than a decade. According to official statements, both the House of Representatives and the High Council of State endorsed the new......
Morgan Stanley has challenged a long-held belief in global markets that gold reliably protects portfolios during crises, arguing that recent price movements resemble those of a risk asset rather than a traditional safe haven. In a note released this week, the bank’s strategists pointed to stronger......
JPMorgan Chase said the recent selloff in gold mining stocks presents a buying opportunity, arguing that the sector’s decline since the start of the US Iran conflict has created attractive entry points for investors. The bank maintained its gold price target of $6,300 per ounce by the end of 2026,......
The Asian Development Bank has announced a plan to mobilize up to $6 billion by 2030 to strengthen capital markets across Southeast Asia, aiming to reinforce the region’s financial resilience amid rising global risks. The initiative was presented alongside the release of the April 2026 Asian Development......
The growing probability of a powerful El Niño event later this year is adding pressure to an already fragile global food system, as conflict in Iran continues to disrupt fertilizer supplies through the Strait of Hormuz. Economists and climate scientists warn that the combination of supply chain......
European defense stocks dropped sharply on Friday after Ukraine’s chief negotiator signaled progress toward a potential peace deal with Russia, prompting investors to shift toward construction and materials companies expected to benefit from postwar rebuilding. Kyrylo Budanov said in an interview......
Oil prices rose slightly on Friday but remained on track for their sharpest weekly decline since June 2025, with both West Texas Intermediate and Brent crude down करीब 10% over the week, as tensions in the Middle East continued to disrupt confidence in global supply routes. The decline follows......
Porsche AG reported a 15% drop in global deliveries in the first quarter, with volumes falling to 60,991 vehicles from 71,470 a year earlier, as the German carmaker faced weaker demand in China and mounting pressure from new US import tariffs. The results, released on April 10, confirm a continued decline......
India has decided to postpone the planned maintenance shutdown of around 10,000 megawatts of coal-fired power generation capacity until July, in a move aimed at ensuring sufficient electricity supply during peak summer demand. The announcement was made by Piyush Singh, an additional secretary at the......
Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support......
A new initiative aimed at increasing women’s participation in key sectors of Morocco’s economy was launched in Marrakech during GITEX Africa Morocco 2026. Led by GIZ and We4She, the program introduces an expression of interest call for companies willing to integrate gender equality into......
China's producer prices rose in March for the first time in more than three years. Data published Friday showed energy costs surging from the Iran war lifted the world's second-largest economy out of prolonged deflation. The producer price index climbed 0.5% year-on-year, the National Bureau......
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