Elon Musk has reclaimed the title of the world’s richest person for the fifth time in six years, according to the Hurun Global Rich List 2026. The Tesla and SpaceX chief now holds an estimated fortune of $792 billion, marking an annual increase of 89 percent and making him the first individual......
Rising oil prices driven by escalating tensions in the Middle East are sending shockwaves through global economies, raising concerns about slower growth, higher inflation, and tighter monetary policy if crude prices remain elevated. Governments and central banks from Europe to Asia are confronting mounting......
The Turkish stock market started Thursday’s trading session on a positive note, with the benchmark BIST 100 index opening higher compared to the previous closing level. At the beginning of the session, the index reached approximately 13,062 points, marking an increase of about 0.9 percent from......
Türkiye’s floriculture sector has experienced a surge in activity ahead of International Women’s Day, with around 80 million flowers exported to 35 countries around the world. The shipments, largely composed of carnations and hyacinths, were prepared mainly in greenhouses located in......
The Central Bank of the United Arab Emirates sought to reassure investors as tensions escalated in the Gulf, with Governor Khaled Mohamed Balama stating that the country’s financial system remains resilient despite Iranian missile and drone strikes. In an official statement, Balama said the UAE’s......
The Canadian dollar strengthened against several major European currencies this week as crude oil prices climbed sharply amid escalating tensions involving Iran, the United States and Israel. The USD/CAD exchange rate traded near 1.3660 on Wednesday, with the Canadian dollar holding firm even as global......
Investors continued pouring money into emerging market exchange traded funds on March 3 despite a sharp global market correction triggered by escalating geopolitical tensions linked to Iran. The MSCI Emerging Markets Index recorded its steepest one day decline since April, reflecting a broad selloff......
Authorities in the United States and Venezuela are reviewing dozens of confidential oil agreements signed during the rule of former leader Nicolás Maduro, according to Bloomberg, as part of an investigation that could complicate efforts to revive the country’s struggling oil sector. The......
Gold prices recorded their sharpest one day drop of 2026 on Tuesday, falling more than 4 percent as the US dollar strengthened amid escalating tensions linked to the conflict involving Iran. The move came just one day after gold had surged above $5,390 per ounce on heavy safe haven buying triggered by......
Morocco has adopted new zoning regulations for coastal trawlers and longline fishing fleets as part of a broader strategy to manage marine resources more sustainably and improve fisheries governance. The State Secretariat for Maritime Fisheries announced two ministerial decisions establishing spatial......
Morocco has strengthened its position as a leading destination for mining investment, ranking 15th worldwide in the Fraser Institute’s Annual Survey of Mining Companies for 2025. The report assessed 68 mining jurisdictions globally, including 14 in Africa. It drew on responses from 256 mining......
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, appeared on the business program Le Monde Qui Bouge – L’Interview during the show Good Morning Business, hosted by Sandra Gandoin. During the interview, Fettah Alaoui addressed the potential economic consequences for Morocco......
Italy’s media landscape is set for a significant shift as the Gedi Gruppo Editoriale has signed a preliminary agreement to sell the national daily La Stampa to the media group SAE. The transaction is expected to be finalized in the first half of 2026, pending regulatory approvals and completion......
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