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Economy



Moroccans question rising fuel prices despite global oil drop

Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......

Productive call between US and China on trade deal

The President shared that he recently held a constructive phone conversation with President Xi of China, focusing on the recently finalized trade agreement. The discussion lasted about an hour and a half and concluded positively for both nations. The conversation addressed the complexities surrounding......

Morocco becomes a major buyer of Russian wheat as Moscow deepens its foothold in Africa

Morocco has rapidly emerged as one of the leading markets for Russian wheat exports in recent years, joining other growing destinations such as Nigeria, Kenya, Libya, Tunisia, and Tanzania. Dmitry Sergeyev, chairman of the Russian Union of Grain Exporters and Producers, highlighted this trend in an interview......

Short Title: U.S. Sanctions Disrupt Russian Oil Supply to Asia

New sanctions imposed by the U.S. on Russian oil producers and vessels are expected to significantly impact Russia's oil exports, forcing China and India to source more oil from the Middle East, Africa, and the Americas. This shift is expected to drive up oil prices and freight costs, traders and......

China's Bold Step Towards Central Asia: A New Railway Connection  

China has initiated the construction of a groundbreaking railway line connecting Kashgar, a city in the northwest of the country, with Kyrgyzstan and Uzbekistan. This ambitious project, in planning since the 1990s, involves a total investment of $8 billion and is scheduled for completion by 2030.   Stretching......

Unraveling Gender Disparities: Morocco's Uphill Battle in the Global Gender Gap

In a stark reality unveiled by the World Economic Forum's Global Gender Gap Report, Morocco finds itself entrenched among the bottom echelons, occupying the 137th position out of 146 nations evaluated. This disheartening ranking places the North African nation in the company of countries grappling......

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