Economy
France has decided to prolong its nationwide summer sales campaign by an additional week after exceptionally high temperatures discouraged consumers from visiting physical stores, providing retailers with extra time to recover lost business. The extension will keep the annual discount period running......
Global spending on fossil fuel subsidies is expected to rise again in 2026, reaching an estimated $1.1 trillion, according to a new United Nations report. The increase reflects growing government efforts to shield households and businesses from volatile energy prices amid continuing geopolitical tensions......
Global airlines are expected to face a significant increase in carbon compliance costs over the next decade as demand for carbon credits continues to outpace supply. Industry estimates suggest that cumulative spending on carbon offsets could exceed $127 billion between 2024 and 2035, placing growing......
Morocco has attracted international attention with its "Visit Morocco" campaign displayed on the iconic Sphere in Las Vegas, becoming one of the first countries to use the world-famous venue as a platform to promote its tourism brand. The campaign quickly gained momentum beyond its original......
The International Monetary Fund (IMF) has called on countries across the Middle East and North Africa (MENA) to seize the current period of global uncertainty as an opportunity to accelerate structural reforms and build stronger, more resilient economies. Speaking at the opening of the second annual......
Morocco's economy maintained solid momentum during the first quarter of 2026, recording a 4.6% year-on-year growth rate, supported by a strong recovery in agricultural activity and robust domestic demand, according to the latest national accounts released by the High Commission for Planning (HCP). Although......
Standard Chartered has expressed optimism about the outlook for global financial markets during the second half of 2026, predicting that risk assets could continue to benefit from improving economic conditions and resilient investor sentiment. According to the bank’s latest investment outlook,......
Global maritime transport costs have climbed to their highest level in two years, according to financial data cited by the Financial Times, reflecting growing pressure on international supply chains amid renewed trade uncertainty. Industry analysts report that freight rates have risen sharply on major......
Morocco has secured a strong position in Africa’s hydropower landscape, ranking ninth among the continent’s top ten countries in installed hydroelectric capacity, with a total of 2.59 gigawatts (GW) in 2025, according to recent energy data reports. This performance highlights Morocco’s......
Morocco continues to strengthen its position as one of the most attractive destinations for international investors, driven by sustained economic reforms, macroeconomic stability, and an improving business environment. During an official visit to the Kingdom, Nadia Calviño, President of the......
Africa is rapidly strengthening its position in the global energy landscape as countries accelerate investments in green hydrogen, a key component of the transition toward low-carbon economies. According to a recent report by the International Energy Agency (IEA), the continent is expected to witness......
Morocco is advancing a major strategic infrastructure project with the development of the Nador West Med port complex, a flagship initiative that reflects the country’s long-term vision to position itself as a global logistics and industrial hub. The project is widely seen as part of a broader......
India’s industrial production expanded by 5.1% year-on-year in May, supported primarily by a sharp increase in electricity generation, according to official government data released on Monday. The latest figure from India indicates a modest acceleration compared with the previous month, although......
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