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ADB launches $70 billion plan to boost energy and digital infrastructure in Asia-Pacific

The Asian Development Bank (ADB) has announced a major $70 billion investment programme aimed at transforming energy and digital infrastructure across the Asia-Pacific region by 2035. The plan focuses on strengthening cross-border electricity networks, expanding renewable energy capacity, and improving......

Developing economies in Europe and Central Asia face slowdown amid energy pressures

Emerging and developing economies across Europe and Central Asia are expected to experience slower growth this year, according to a new assessment by the World Bank. The report highlights the impact of rising energy prices, driven in part by geopolitical tensions in the Middle East, which have disrupted......

Morocco’s textile industry holds ground in Europe amid rising Asian competition

Morocco continues to maintain its position in the European apparel market despite a challenging economic environment. Faced with slowing consumer demand and intensifying competition from Asian producers, the country’s textile sector has demonstrated resilience while undergoing structural changes. Moroccan......

Morocco named Africa’s most beautiful country in 2025 by the Readers’ Choice Awards

Morocco has reaffirmed its international appeal by being named the most beautiful country in Africa in 2025, according to the Readers’ Choice Awards published by Condé Nast Traveler. Based on votes from travelers worldwide, this ranking annually highlights the most appreciated destinations......

Silver plummets over 15% while gold drops more than 3% amid market volatility

The prices of silver and gold experienced a sharp decline on Thursday morning in Asian markets, as precious metals faced renewed volatility. Silver saw the steepest fall, dropping more than 15% to $73.57 per ounce, while gold declined by over 3%, reaching $4,971.55 per ounce. Market analysts attribute......

The world’s largest economies in 2026 by nominal GDP

Global economic power in 2026 remains highly concentrated, with a handful of countries accounting for a large share of worldwide output. According to international economic projections, total global gross domestic product (GDP) is expected to reach approximately 123.6 trillion dollars, reflecting steady......

Asia leads global population distribution in 2026

Asia remains the most populous continent in 2026, housing over 5 billion people and representing 62.5% of the global population, according to the latest demographic data. Africa ranks second with approximately 1.58 billion residents, making up 19.8% of the world's population and showcasing the fastest......

Tanger Med outpaces Spanish ports in Global competitiveness

Morocco’s Tanger Med Port continues to strengthen its position as a leading global logistics hub, outpacing major Spanish ports such as Valencia and Barcelona. Spanish shipping magnate Vicente Boluda, president of Boluda Corporación Marítima, has acknowledged that Spain is losing......

United States deepens trade surplus with Morocco to over 18.7 billion dirhams by mid-2025

The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......

Europe remains Morocco’s top trade partner despite slight decline

Europe continued to dominate Morocco’s foreign trade in 2024, accounting for 62% of total trade volume, down slightly from 63.2% in 2023, according to the latest annual report by the Moroccan Office of Exchange. European countries provided 56.4% of Morocco’s imports and received 71.4% of......

Morocco Gains Ground in the Global Aerospace Industry

Morocco has firmly established itself as a competitive player in the global aerospace sector, according to the Minister of Industry and Trade, Ryad Mezzour, during the opening of the Paris Air Show at Le Bourget. Speaking to MAP, Minister Mezzour highlighted growing international interest in Morocco’s......

Barcelona airport to undergo €3.2 billion expansion to boost global connectivity

Spain’s airport operator Aena has received approval from the Catalan government to move forward with a €3.2 billion expansion of Josep Tarradellas Barcelona-El Prat Airport. The project, announced by Catalonia’s socialist president Salvador Illa, is set to transform the airport into......

Markets certain Bank of England will cut interest rates next month

Financial markets now fully anticipate that the Bank of England will lower interest rates in May, driven by the evolving global economic impact of Donald Trump’s trade policies. On Tuesday, LSEG data initially showed an 82% probability of a rate cut from 4.5% to 4.25% on 8 May. However, that probability......

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