Economy



Bangladesh seeks stronger economic ties with China and Malaysia

Bangladesh's Prime Minister Tarique Rahman is set to undertake his first official overseas visit since assuming office, marking an important step in the country's efforts to strengthen economic partnerships and expand employment opportunities for its citizens. The six-day diplomatic mission......

European Union prepares new tariffs on Chinese plug-in hybrid vehicles

The European Union is reportedly preparing to introduce new tariffs on Chinese-made plug-in hybrid vehicles as part of its broader effort to address concerns over trade imbalances and competition within the automotive sector. According to reports, the European Commission is considering countervailing......

China’s tariff cuts on Africa fuel trade growth and boost yuan internationalization

China’s deepening trade relationship with Africa is accelerating the international use of the yuan, as tariff removals and expanding commercial exchanges reshape financial flows between the two regions. In a major policy shift, China recently eliminated tariffs on imports from 53 African countries,......

Nador Port strengthens capacity with new-generation Chinese electric cranes

Morocco is continuing its major port infrastructure modernization program with the arrival of advanced container-handling equipment at the port of Nador, further reinforcing the country’s position in global maritime logistics. The port has recently received ten state-of-the-art electric smart......

Foreign investors pull $26.6 billion from emerging markets in May

Foreign investors withdrew a net 26.6 billion dollars from emerging market portfolios in May, reversing the rebound seen in April and underscoring renewed volatility in global capital flows. Equity sales in Asia drove most of the outflows, outweighing more stable demand in emerging market debt. The......

Morocco becomes Africa’s second largest electric vehicle market in 2025

Morocco ranked second in Africa for electric vehicle sales in 2025, with 5,500 units registered, according to data covering continental EV trends. The country accounted for 22% of Africa’s estimated 25,000 electric vehicles sold during the year, placing it behind Egypt and ahead of South Africa.......

Goldman Sachs raises AI server market forecast to $1.24 trillion

Goldman Sachs has increased its long-term forecast for the global artificial intelligence server market to 1.24 trillion dollars by 2030. The new estimate marks an 18 percent upward revision from a previous projection of 961 billion dollars. The adjustment reflects accelerating demand for computing infrastructure......

Oil drops to seven-week low after Iran Israel ceasefire

Oil prices fell to their lowest level in seven weeks after Iran and Israel announced a halt to their mutual attacks, easing fears of a wider regional disruption to energy supplies. The decline erased earlier gains triggered by renewed hostilities between the two sides, which had briefly pushed crude......

China zero-tariff policy boosts Morocco trade at Casablanca expo

Trade between China and Morocco is entering a new phase as both countries prepare to deepen economic cooperation under a widening network of industrial and commercial exchanges. A major China-Africa economic and trade exhibition is scheduled to take place in Casablanca from June 10 to June 12, bringing......

Asian markets rebound after Israel Iran ceasefire agreement

Asian equity markets advanced after Israel and Iran announced a halt to direct military strikes, easing fears that had driven volatility across global financial systems. The de-escalation offered investors a temporary relief from energy supply risks and geopolitical uncertainty that had weighed on sentiment......

SpaceX ipo sparks global rush across investment markets

SpaceX is preparing for a public listing that has triggered a broad surge in investor activity across global markets. The company is expected to begin trading on the Nasdaq on June 12 under the ticker symbol SPCX, with a valuation and structure that position it among the largest listings in the aerospace......

Xpeng enters Morocco completes North Africa EV push

Xpeng has officially expanded into Morocco, marking a new stage in its North African growth strategy. The Chinese electric vehicle manufacturer opened its first showroom on 1 April at Casablanca Finance City, positioning itself in one of the country’s main financial and commercial hubs. The move......

Goldman Sachs warns of sharp global oil demand decline

Goldman Sachs has warned that global oil demand fell more sharply than previously expected, citing an estimated reduction of 4 to 5 million barrels per day in April. The decline is linked in part to disruptions in maritime flows through the Strait of Hormuz, which temporarily reduced global consumption......

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