Economy
Turkish Airlines has announced a major investment initiative aimed at strengthening Türkiye’s aviation infrastructure and reinforcing the carrier’s global competitiveness. The strategy, aligned with the airline’s long-term Vision 2033, represents a total investment exceeding 100......
Investors pulled back from emerging markets on Thursday, driving down stocks and currencies amid rising geopolitical tensions and fears of steep U.S. tariffs. The MSCI emerging markets index dropped between 0.7% and 0.8%, its sharpest decline since mid-December, as currencies in Thailand, South Korea,......
Turkey closed the year with a moderate decline in its annual inflation rate, as official data showed a continued easing of price pressures in December. According to figures released by the Turkish Statistical Institute (TurkStat), annual inflation fell to 30.89%, down from 31.07% recorded in November. The......
Gold and copper concluded 2025 with record-breaking performances, marking significant annual gains driven by a combination of monetary policy shifts, soaring industrial demand, and geopolitical uncertainties. Gold surged over 64% this year, trading around $4,330 per ounce, reflecting its steepest annual......
Türkiye’s banking sector recorded net profits of 842.84 billion Turkish liras ($19.92 billion) in November, marking a 17.3% increase compared to the same month last year, according to the Banking Regulation and Supervision Agency (BDDK). The sector’s total assets reached 44.97......
Russia’s agricultural control agency, Rosselkhoznadzor, has temporarily blocked the import of a Moroccan tomato shipment after detecting alleged traces of two plant viruses during inspection. According to Russian media outlet Newkaliningrad, the agency carried out quarantine and phytosanitary......
Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......
Morocco has strengthened its foothold in the German citrus market, posting record shipments of mandarins and clementines during the 2024/2025 export season. Trade data indicate that the country is moving beyond its traditional destinations and consolidating its position in Europe’s largest economy,......
Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration......
Morocco ranked as Turkey’s third-largest Arab customer during the first ten months of 2025, according to official data released by Türkiye’s Statistical Institute (TURKSTAT). Between January and October, Moroccan imports of Turkish goods reached an estimated 3.63 billion USD, or 36.3......
Türkiye’s economy grew by 3.7% year-on-year in the third quarter of 2025, according to official figures released Monday by the Turkish Statistical Institute (TurkStat). The country’s gross domestic product (GDP) at current prices surged 41.6% to 17.42 trillion......
Türkiye’s main stock index began the week with little movement, opening Monday’s session at 10,898.10 points, a marginal decline of 0.01% compared to the previous close. The slight dip follows Friday’s 0.43% drop, which saw the BIST 100 halt trading at 10,898.70......
The MEDays 2025 Summit in Tangier highlighted Morocco’s unique position to redefine its global identity through innovation, diplomacy, and cultural outreach. A panel discussion titled “Nation Branding: Harnessing the Kingdom’s Strengths to Redefine & Maximize the ‘Moroccan’......
