Economy

World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent......

Morocco is steadily strengthening its influence in the European fruit and vegetable sector, and Ireland has recently become one of the most dynamic destinations for Moroccan tomatoes. According to general trade data from international market trackers and Irish statistical sources, Morocco exported approximately......

Morocco has achieved an unprecedented milestone in its lemon exports to the United Kingdom, shipping 1,200 tons between November 2024 and August 2025. This record-breaking achievement, valued at MAD 9.6 million ($920,000), reflects a 40-fold increase compared to the previous season, according to EastFruit.......

Plans for a massive undersea cable factory in Scotland have been thrown into uncertainty after the UK government rejected a proposed £25 billion energy link between Morocco and Britain. The decision has forced XLCC, the British company behind the project, to pause construction of its high-voltage......

London (AFP) — The unemployment rate in the United Kingdom climbed more sharply than anticipated in the third quarter, reaching 5%, its highest level since early 2021, signaling a slowdown in economic activity just two weeks before the government unveils its much-anticipated budget. According......

Morocco’s Sahara region is emerging as a hub for American investment, with significant opportunities across key sectors, according to Gerard Philippeaux, Executive Director of the International Trade Coalition of Miami-Dade County. Speaking after a meeting with a Moroccan economic delegation in......

The United States has launched its most comprehensive economic measures against Russia, targeting its two largest oil companies, Rosneft and Lukoil, as efforts to resolve the war in Ukraine remain stagnant. The sanctions, announced by Treasury Secretary Scott Bessent on October 21, 2025, represent a......

Morocco’s fruit export sector is undergoing a decisive shift. Once synonymous with strawberries, the country’s berry industry is now dominated by raspberries and blueberries, both driving record-breaking export seasons and signaling a long-term transformation in agricultural strategy. In......

The General Confederation of Moroccan Enterprises (CGEM) has appointed Ali Belhaj as the new president of the Morocco-UK Business Council. The announcement was made during CGEM’s board meeting on September 15 and is part of the organization’s efforts to strengthen economic and trade relations......

Morocco has unveiled transformative upgrades to the Casablanca Port Complex, part of a strategic vision to bolster its international maritime stature while enhancing economic and tourism potential. The project, inaugurated by His Majesty King Mohammed VI, reflects the country’s efforts to position......

Morocco has achieved a historic milestone in its agricultural sector, exporting 745,000 tons of tomatoes during the 2024/25 season, a record-breaking figure despite challenges posed by drought and labor shortages. This achievement solidifies Morocco’s position as the third-largest tomato exporter......

London-based diversified metals and minerals producer Xtract Resources Plc has acquired two exploration licenses in Morocco’s Khenifra province, signaling a strategic move to tap into the region’s mineral wealth. The licenses, purchased through its 80%-owned subsidiary Wildstone SARL for......

Siton Mining, a UK-based cloud mining company established in 2016, has introduced an innovative XRP-powered mining model designed to simplify Bitcoin mining for investors. This approach allows users to reap Bitcoin profits without the need for costly mining hardware, addressing the demand for low-barrier......