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Economy
Morocco and Japan have strengthened their long-standing partnership in the fisheries sector by signing a new grant agreement to advance the redevelopment of the Souiria K’dima fishing village. The initiative aims to modernize artisanal fishing infrastructure, support the blue economy, and drive......
Saham Paiements is set to acquire part of the merchant portfolio of Morocco’s Interbank Monetary Center (CMI), in line with the national initiative to modernize payment services. The move aims to increase competition among payment institutions, encouraging innovation and diversified solutions......
Gold reached a historic milestone on Wednesday, climbing above 4,500 dollars an ounce for the first time, driven by mounting geopolitical tensions and expectations of future interest rate cuts in the United States. The precious metal, traditionally seen as a safe-haven asset, rose to a peak of 4,519.78......
Colombian President Gustavo Petro has declared a 30-day state of economic emergency, seeking to introduce new taxes after Congress rejected a proposed fiscal reform intended to finance the country’s 2026 budget. With eight months remaining in his term, the first left-wing president in Colombia’s......
A new wave of attacks has transformed the Black Sea into an expanding battlefield, as both Ukraine and Russia intensified operations targeting critical energy and maritime infrastructure. The recent strikes have drawn international attention due to their potential impact on energy security and global......
China has emerged as the key force shaping global oil prices, overtaking OPEC+ by using large-scale crude imports and strategic stockpiling to stabilize and influence the market. As the world’s largest oil importer, Beijing now sets the effective boundaries for price fluctuations through inventory......
A growing number of Russian oil tankers are stuck at sea as sanctions, logistical bottlenecks, and recent attacks in the Black Sea intensify bottlenecks across Asian ports. The disruptions highlight the growing strain on Russia’s so-called “shadow fleet” a network of aging vessels......
Asian markets advanced sharply on Tuesday as strong gains in the technology sector and record-breaking precious metal prices lifted investor sentiment ahead of the holiday season. The rally followed global momentum from Wall Street, where major U.S. indexes extended their winning streaks, reinforcing......
More than 833,000 people have been targeted this winter by Morocco’s National Plan to Mitigate the Effects of Cold Waves, Interior Minister Abdelouafi Laftit announced on Monday during a parliamentary session. Responding to oral questions at the House of Representatives on measures adopted to......
Morocco’s Capital Market Authority (AMMC) has urged the public and investors to remain vigilant against fraudulent trading platforms and unlicensed financial advice, as cases of deceptive investment practices continue to rise. Growing risks in online investment advice In a statement issued on......
Moroccan steel producer Somasteel has inaugurated the expansion of its production site in Nouaceur, marking a major milestone for the national steel industry. The ceremony was held under the chairmanship of the Minister of Industry and Trade, Ryad Mezzour. The extension includes the installation of......
A Ukrainian drone strike set off a large-scale fire at a major petrochemical facility in southern Russia over the weekend, marking another escalation in the ongoing energy confrontation between the two countries. The attack targeted the Stavrolen complex in the Budyonnovsk district of Stavropol Krai,......
Rabat – Bank Al-Maghrib (BAM) has announced the issuance of a 250-dirham commemorative silver coin and the circulation of a 100-dirham commemorative banknote to mark the hosting of the 35th Africa Cup of Nations, Morocco 2025 (CAN 2025). The commemorative coin features,......
