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Economy



Morocco promotes inclusive growth through energy and smart technologies

Morocco is setting its sights on inclusive development by leveraging its energy sector and advancing smart technologies. Speaking in Casablanca at Elec Expo, EneR Event, and Tronica Expo 2025, Omar Hejira, Secretary of State to the Minister of Industry and Trade, emphasized the need to enhance the electricity......

China’s industrial profits decline sharply in October amid weak demand and uneven sector performance

China’s industrial profits fell by 5.5 percent in October compared to the same month last year, marking a significant reversal after two months of strong growth. The drop highlights the persistent economic challenges faced by the country’s industrial sector, despite eased trade tensions with......

Morocco has the means to export its own engineering

During the panel “Industrial Transformation & Value Chains: Competing on the Global Stage” at the 17th Medays International Forum, held in Tangier from 26 to 29 November 2025 under the High Patronage of HM King Mohammed VI, Nassim Belkheyat, founder of Neo Motor, outlined a bold vision......

Alphabet shares reach new record as Google challenges Nvidia’s reign in AI chips

Alphabet  shares climbed to unprecedented heights following reports that Google’s latest AI advancements and chip technology are disrupting Nvidia’s  dominance in the artificial intelligence hardware space. The surge comes amid growing investor enthusiasm fueled by the......

Bank Al-Maghrib reports sharp decline in counterfeit banknotes for 2024

Bank Al-Maghrib (BAM) has announced a significant reduction in the rate of counterfeit banknotes in circulation for 2024, marking a major achievement in Morocco’s ongoing efforts to combat counterfeiting. The rate dropped to 1.5 counterfeit notes per million banknotes, a considerable improvement......

Morocco expands tourism project bank to over 900 initiatives across 60 provinces

Morocco’s Ministry of Tourism has announced a significant expansion of its Tourism Project Bank, which now includes over 900 initiatives spanning 60 provinces. Initially launched with 200 projects, the initiative aims to transform Morocco into a global tourism destination by fostering investment......

Oil market faces historic oversupply as prices head lower through 2027

Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented......

Morocco secures $800 million investment for polysilicon plant in Tan-Tan

Morocco has signed a landmark investment agreement to establish a polysilicon production plant in Tan-Tan, marking the first major industrial project of its kind in the region. With an investment of MAD 8 billion (approximately $800 million), the plant is set to boost local development and position Morocco......

Nvidia addresses AI bubble concerns with detailed investor letter amid market skepticism

Nvidia  has directly confronted mounting fears of an AI bubble and questions about its financial health by distributing a detailed seven-page letter to major global shareholders. The letter, personally overseen by CEO Jensen Huang, comes in the wake of a week-long decline in Nvidia’s......

Global stock markets rebound as Fed signals rate cut may be near

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......

Japan’s bond yields ease after government approves $135 billion stimulus package

Japanese government bond yields retreated from their highest marks in 17 years following the approval of a substantial 21.3 trillion yen ($135 billion) economic stimulus package by Prime Minister Sanae Takaichi's cabinet. The stimulus aims to support economic growth and ease inflationary pressures,......

G20 billionaires' wealth gains could end global poverty amid inequality and debt crises

Billionaires in the G20 countries earned a staggering $2.2 trillion in 2024, an amount that surpasses the $1.65 trillion needed to lift 3.8 billion people out of poverty worldwide, according to a report by Oxfam released ahead of the G20......

Saudi Arabia and US deepen economic ties with focus on tech and energy

Economic cooperation between Saudi Arabia and the United States is expanding across diverse sectors, including traditional and renewable energy, advanced technology, artificial intelligence, and cloud computing. This partnership aims to drive growth and investment, with deepening coordination in cybersecurity,......

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