Economy
Syria has exported 600,000 barrels of heavy crude oil from the port of Tartus, marking its first official oil shipment in 14 years. This historic development follows the lifting of U.S. sanctions in June, after the removal of former President Bashar al-Assad in December 2024. The move signifies a critical......
France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......
Morocco has solidified its position as a key player in the global automotive sector, with production figures reaching an impressive one million vehicles in 2025. This milestone places the country among the world’s top fifteen automotive manufacturers and establishes it as Africa’s leading......
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......
Morocco has stepped onto the global energy stage, presenting its ambitious $25 billion Gazoduc Pipeline project to American investors at the US-Africa Energy Forum in Houston, Texas. The forum, held on August 6–7 in the “Energy Capital of the World,” provided a pivotal platform for......
Morocco is close to securing a $600 million agreement with Brazilian aerospace company Embraer to acquire KC-390 Millennium military transport planes, marking a significant step in modernizing its air force. The deal, expected to include four to five aircraft, signals Morocco's intent to replace......
The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......
The U.S. government’s trade strategy with China has taken an unexpected turn as President Donald Trump announced a revenue-sharing deal with Nvidia and AMD, allowing limited sales of artificial intelligence (AI) chips to China. Under the agreement, the companies will pay 15% of their proceeds from......
The United States and China have agreed to extend their tariff truce for an additional 90 days, preventing a sharp rise in duties that risked further straining trade relations between the two economic superpowers. US President Donald Trump announced the decision on Monday, revealing an executive order......
Morocco has achieved a significant milestone in the global blueberry market, climbing from seventh to fourth place in export rankings within a single year, according to Agraria Pe. This rapid ascent reflects the country’s strategic efforts to position itself as a key player in the industry. In......
The Mohammed VI Investment Fund (FM6I) announced on Thursday the selection of 14 asset management companies to oversee sector-specific and thematic investment funds. This move comes as part of a national strategy to enhance private sector capital, stimulate investment, and generate long-term employment. These......
Major tariff hike targets global tech supply chains US President Donald Trump announced plans to impose 100% tariffs on imported chips and semiconductors, a move poised to reshape the global technology landscape. Speaking from the White House on August 6, Trump stated, "We will implement significant......
