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Economy



Moroccan jewelers move to formalize gold trade with new import company

Moroccan jewelers are preparing to launch a gold import company under the leadership of the Moroccan Federation of Jewelers. This initiative seeks to combat the dominance of the informal market and establish a more regulated and stable gold industry in Morocco. Tackling informality in the gold sector The......

Brazil, Egypt, and Singapore Among Potential Winners from Tariff Onslaught

The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......

China vows strong resistance as Trump threatens 50 percent tariff

China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......

Global markets slide as Trump defends tariffs as economic remedy

Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish......

New U.S. Tariffs Stir Uncertainty in the Global Automotive Industry

In early April, President Donald Trump announced a new 25% tariff on imports of cars, semiconductors, and pharmaceuticals. This addition follows previous tariffs on steel and aluminum that have already impacted Europe and Asia. Trump has indicated that these tariffs may increase further after one year. The......

Gilles Fromageot appointed new CEO of AXA Morocco and CIMA regional operations

AXA Assurance Maroc has announced the appointment of Gilles Fromageot as the new Chief Executive Officer of AXA Morocco and the AXA CIMA regions, which include operations in Cameroon, Côte d’Ivoire, Gabon, and Senegal. The appointment, pending regulatory approvals, is set to take effect on......

UK Joins Trans-Pacific Trade Bloc A Strategic Leap Post-Brexit  

The United Kingdom officially became the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday. This milestone marks a significant step in the UK's post-Brexit strategy to deepen economic ties in the Asia-Pacific region and expand its global trade......

Morocco Sets Sights on Becoming a Key Player in the Global Halal Market

The Halal Morocco Forum explores the country's potential for significant growth in the global halal market. In a bid to bolster its position in the burgeoning global halal market, Morocco recently hosted the sixth edition of the Halal Morocco Forum in Casablanca. Abderrahim Taibi, director of the......

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