Economy
The average lending rate applied by Moroccan banks declined to 4.66% in the first quarter of 2026, reflecting an easing trend in credit conditions as Bank Al-Maghrib continued supporting liquidity within the financial system. According to data from the Directorate of Studies and Financial Forecasts......
India has reaffirmed its commitment to negotiating a bilateral trade agreement with the United States, despite the Trump administration's decision to impose new tariffs on imports from the South Asian country. The announcement came after Washington introduced a 10% tariff on Indian goods as part......
Indonesian authorities have arrested former senior anti-corruption prosecutor Febrie Adriansyah as part of a major money laundering investigation that has led to the seizure of approximately $19 million in cash and 74 kilograms of gold bullion from several properties linked to the former official. The......
Morocco recorded a significant improvement in its public finances during the first half of 2026, with the national budget deficit shrinking by more than one-fifth compared with the same period last year. The latest Treasury Revenue and Expenditure Report released by the Ministry of Economy and Finance......
OPEC Secretary-General Haitham al-Ghais has strongly defended the reliability of Middle East oil producers, urging international markets and watchdogs not to question their long-standing commitment to global energy security amid the ongoing regional crisis. In an official statement published by the......
Wall Street banking giant JPMorgan has issued a stark warning that the convergence of an intensifying El Nino climate phenomenon and soaring energy costs could drive global inflation up by approximately 0.3 percentage points by 2027, with emerging markets bearing the heaviest toll. According to a comprehensive......
Global oil prices experienced a sharp upward surge on Thursday, with Brent crude breaching the key psychological threshold of 100 dollars per barrel for the first time since May. The spike was triggered by escalating attacks on commercial maritime traffic in the Red Sea, which compounded ongoing navigation......
Operation Marhaba 2026 continues to experience a massive surge of travelers, with numbers of Moroccans residing abroad returning to the Kingdom for their summer holidays reaching 1,862,609 individuals by July 20. This figures marks a 1.04 percent increase compared to the same timeframe last year, driven......
Morocco's tourism industry has maintained its exceptional upward trajectory, with border arrivals reaching approximately 9.4 million visitors by the end of June 2026, marking a 6 percent year-on-year increase. According to the latest economic outlook report published by the Directorate of Studies......
Since His Majesty King Mohammed VI ascended to the throne in 1999, Africa has gradually become one of the key pillars of Morocco's foreign and economic policy. Over the course of twenty-seven years, this orientation has transcended traditional diplomatic frameworks to take the form of a strategy combining......
In just over two decades, Morocco has profoundly transformed its industrial profile. Long dominated by low-value-added activities, its productive base now hosts complex manufacturing chains in the automotive, aerospace, and more recently, electric battery technologies. This evolution reflects a long-term......
Morocco has successfully cemented its status as a leading high-tech industrial powerhouse, particularly within the aerospace and automotive sectors, driven by the visionary leadership of King Mohammed VI, according to Gabriel Semilas, Head of Airbus for Africa and the Middle East. In a recent interview......
Morocco’s tourism sector has achieved another major international milestone, with Marrakech’s iconic properties, La Mamounia and Royal Mansour, securing coveted spots among the world’s top 100 hotels for 2026 by the prestigious American magazine Travel + Leisure. The annual ranking,......
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