Saudi Arabia is facing a critical diplomatic balancing act as escalating US sanctions on Russia's oil industry strain the fragile cohesion of the OPEC+ alliance. This comes just weeks ahead of a crucial White House meeting between Saudi Crown Prince Mohammed bin Salman and US President Donald Trump,......
Morocco has been appointed vice-president of the Small and Medium Enterprises Network of the Organisation of Islamic Cooperation (OIC-SMENET), marking a new milestone in its commitment to supporting entrepreneurship and economic cooperation across the Islamic world. The announcement was made by the National......
Morocco’s Minister of Industry and Trade, Ryad Mezzour, and Saudi Arabia’s Minister of Investment, Khalid Al-Falih, reaffirmed on Monday in Rabat their commitment to deepen industrial and trade collaboration between the two nations. Speaking to the press after their meeting, Mezzour emphasized......
The Moroccan healthcare group Akdital recorded consolidated revenues of 2.09 billion dirhams in the first half of 2025, marking a sharp +68% increase compared to June 2024. This growth was mainly driven by the contribution of new facilities opened between 2024 and 2025,......
Morocco continues to assert itself as one of the leading startup ecosystems in the MENA region, maintaining its top-four position in August 2025, even as regional startup funding saw a significant contraction. According to Wamda, investment across the MENA region dropped sharply by 57%, falling from......
Barid Al-Maghrib and Saudi Post have solidified their partnership through two landmark agreements signed during the 28th Universal Postal Congress in Dubai. These accords aim to advance innovation and growth in postal services and e-commerce, marking a critical milestone in regional collaboration and......
In recent years, the relationship between Morocco and the Gulf states has evolved significantly, transitioning from political solidarity to a robust strategic partnership with far-reaching economic and developmental implications. This cooperation, built on mutual trust and shared interests, positions......
Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), announced that artificial intelligence and automation now underpin “every layer” of its operations. This integration is not only reshaping the fund’s investment strategies but also reflecting......
The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
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,......
A planned direct shipping line between Morocco and Saudi Arabia is set to revolutionize trade relations, benefiting over 100 Moroccan exporters by significantly reducing transit times and increasing market access. The initiative seeks to deepen bilateral trade ties and enhance economic cooperation between......
Saudi Arabia has implemented a new classification system for expatriate work permits, aiming to enhance labor market efficiency, attract international talent, and align with the Kingdom’s Vision 2030 objectives. The initiative, announced by Minister of Human Resources and Social Development Ahmed......
A high-level delegation from the Federation of Saudi Chambers of Commerce (FSC), led by its president Hassan Al-Huwaizi, began an official visit to Morocco on Sunday. Comprising over 30 Saudi investors and representatives from government agencies, the visit aims to enhance economic cooperation and identify......
