An Iranian drone strike on Saudi Aramco’s Ras Tanura refinery has forced a precautionary shutdown at one of the world’s most important oil facilities, intensifying concerns over a wider regional conflict and global energy security. The attack ignited a limited fire that was brought under......
The United States and Israel have carried out a coordinated series of strikes on Iran that killed Supreme Leader Ayatollah Ali Khamenei and shattered the country’s senior military leadership, triggering a rapid escalation across the Middle East and severe disruption to global energy and transport......
Bitcoin dropped sharply below $64,000 on Saturday after coordinated airstrikes by the United States and Israel targeted multiple Iranian cities, fueling fears of broader conflict in the Middle East and triggering a rush out of risk assets. The world’s largest cryptocurrency fell from around $65,500......
Global equity markets advanced on Monday as investors looked past weekend geopolitical headlines and turned their focus to high stakes nuclear negotiations between the United States and Iran scheduled for Tuesday in Geneva, along with a busy week of corporate earnings led by major retail and agricultural......
The legal battle surrounding the dismissal of French comedian Guillaume Meurice is set to continue, after labor court judges failed to reach a unanimous decision on the case. As a result, a new hearing will be held, with a professional judge expected to break the deadlock. Meurice, a former regular......
The Moroccan Hass avocado season has begun under challenging conditions, with prices dropping by 20% compared to last year. The decline is attributed to oversupply from Latin American producers and declining demand in Europe, creating fierce competition for Moroccan exporters. Global oversupply pressures......
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, affirmed that the kingdom’s economic partnership with Israel remains robust, even though its pace has moderated since the initial surge following the trilateral agreement with the United States and Israel in 2020. During an......
Morocco’s trade relations with Israel have surged, with the North African nation exporting $141.55 million worth of goods to Israel in 2024, according to UN COMTRADE data. This comes despite widespread protests within Morocco against normalization with Israel, in light of the ongoing humanitarian......
Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......
Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......
In a significant shift in trade policy, U.S. President Donald Trump announced on Sunday that new tariff rates on imported semiconductor chips will be revealed in the coming week. While some flexibility may be granted to certain companies, the announcement signals that previous exemptions for smartphones......
China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......
More than 50 countries have reached out to the White House seeking to open trade negotiations following President Donald Trump’s sweeping tariffs, according to senior administration officials. The newly imposed tariffs, which wiped nearly $6 trillion off US stock markets last week and shook global......
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