Economy
Saudi Arabia is facing a critical diplomatic balancing act as escalating US sanctions on Russia's oil industry strain the fragile cohesion of the OPEC+ alliance. This comes just weeks ahead of a crucial White House meeting between Saudi Crown Prince Mohammed bin Salman and US President Donald Trump,......
Global stock markets rallied on Monday as investors celebrated a breakthrough in U.S.-China trade negotiations and growing expectations for another Federal Reserve interest rate cut. The optimism propelled major indices to record highs, signaling a renewed appetite for risk among investors worldwide. Asian......
European and Indian stock markets opened higher on Friday as positive corporate earnings reports and easing trade tensions between the United States and China lifted investor sentiment across global markets. India's benchmark BSE Sensex gained 0.13% to open at 84,667.23, while the Nifty 50 rose......
Oil prices have soared to their highest weekly increase in nearly five months, driven by fresh sanctions from the United States and the European Union against Russia's largest oil companies. The measures have sparked fears of supply disruptions, pushing crude futures up by over 5% on Thursday. Brent......
Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......
Morocco’s Secretary of State for Foreign Trade, Omar Hejira, has called for expanding economic and trade relations with India, emphasizing the importance of a strategic and mutually beneficial partnership. Speaking at the “Business Opportunities in India and West Asia” forum in New......
Morocco and India have inaugurated a new defense manufacturing facility in Berrechid, marking a significant milestone in their strategic partnership. The plant, named TATA Advanced Systems Maroc (TASM), will produce WhAP 8×8 armored combat vehicles for Morocco's Royal Armed Forces and international......
The unprecedented $100,000 fee imposed by President Donald Trump on new H-1B visa applications has sent shockwaves through global markets, with Asian and European stock exchanges reacting cautiously to the policy. The measure, effective September 21, 2025, marks a significant increase from the existing......
India’s Defense Minister Rajnath Singh is set to embark on a four-day visit to Morocco, signaling New Delhi’s growing interest in strengthening its defense and industrial partnerships across Africa. The trip underscores India’s ambition to expand its footprint in the region, offering......
Morocco’s OCP Group, the world’s leading exporter of phosphates and fertilizers, has reported impressive financial growth for the second quarter of 2025, reflecting its pivotal role in global agriculture. Strong revenue growth OCP recorded revenues of MAD 30.57 billion (approximately $3......
At the 20th India-Africa Business Conclave in New Delhi, Morocco presented its national energy strategy, highlighting a $12 billion investment plan through 2030. The initiative aims to increase renewable energy’s share to over 52% of the national electricity mix and develop a competitive green......
India-China relations thaw amid border discussions India and China are witnessing a notable warming of ties as U.S.-India relations face growing strain under President Donald Trump. Chinese Foreign Minister Wang Yi is visiting New Delhi for the first time in over three years to meet with National Security......
New tariffs reshape international trade dynamics US President Donald Trump has implemented sweeping tariffs on imports from over 90 countries, sparking diplomatic tensions and economic anxiety worldwide. The tariffs aim to address what the administration views as a skewed global trade system. On his......
