Economy
Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......
Melania Trump has reintroduced her meme coin, MELANIA, after months of silence, accompanied by an AI-generated promotional video that briefly boosted the token’s price. However, the relaunch has reignited concerns about past transactions and questions regarding transparency. Built on the Solana......
The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......
The global cryptocurrency market faced a sharp downturn today, with total capitalization falling by more than 2 percent in 24 hours. Bitcoin slipped below the 110,000 dollar mark, underscoring mounting pressure across digital assets. A major factor behind the decline is the wave of liquidations in leveraged......
The United States has taken a decisive step toward reinforcing its recognition of Morocco’s sovereignty over Sahara by promoting economic cooperation and investment in the region. In a landmark announcement, US Deputy Secretary of State Christopher Landau revealed plans to encourage American......
Abdellatif Hammouchi, the General Director of Morocco’s Security and Territorial Surveillance (DGSN-DGST), is leading a high-level delegation to the United Arab Emirates (UAE) to enhance security cooperation between the two countries. The visit, which began on Tuesday, reflects the strong bilateral......
The overturning of Imad Ben Rajab’s 2023 conviction by Libya’s Supreme Court has revealed systemic weaknesses in the country’s oil and fuel import processes. Beyond clearing Ben Rajab’s record, the case has illuminated gaps in oversight, testing standards, and institutional coordination,......
Morocco presented its innovative public-private partnership (PPP) model on Sunday during the “Public-Private Partnership Summit for Change” in New York. The high-profile event, held just before the UN General Assembly’s high-level week, brought together global business leaders and senior......
The unprecedented $100,000 fee imposed by President Donald Trump on new H-1B visa applications has sent shockwaves through global markets, with Asian and European stock exchanges reacting cautiously to the policy. The measure, effective September 21, 2025, marks a significant increase from the existing......
FTX, the once-dominant cryptocurrency exchange that collapsed in 2022, is set to distribute $1.6 billion to creditors starting September 30, 2025. This marks a significant milestone in the ongoing U.S. bankruptcy proceedings, with repayments overseen by a court-appointed recovery team. A structured......
Moroccan jewelers are preparing to launch a gold import company under the leadership of the Moroccan Federation of Jewelers. This initiative seeks to combat the dominance of the informal market and establish a more regulated and stable gold industry in Morocco. Tackling informality in the gold sector The......
Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......
In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......
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