Economy
In a significant move, the European Union has committed to providing Ukraine with a substantial loan of up to $39 billion to rebuild its power grid, which has been severely damaged by relentless Russian attacks. This financial support is part of a broader initiative by the Group of Seven (G7) nations......
Morocco continues to strengthen its energy security by importing Russian natural gas, showcasing a strategic approach to its energy needs. Despite global geopolitical tensions and sanctions against Russia, the kingdom has maintained a steady supply of liquefied natural gas (LNG) from the country for......
In a notable shift in regional energy dynamics, Morocco has emerged as the foremost destination for Spanish liquefied natural gas (LNG) exports. This transformation is underscored by recent data from the Spanish Agency for Strategic Reserves (Cores), which reveals a dramatic surge in Spain's LNG......
Morocco's fertilizer exports to Brazil have experienced an unprecedented rise, catapulting the country to the position of the third largest supplier in June 2023. According to data from the Brazilian statistics agency, as reported by RIA Novosti, Morocco's exports surged by 2.3 times compared......
In a move that could potentially reshape the financial landscape across the African continent, Russia has expressed keen interest in establishing representative offices of Russian banks in various African nations. This revelation came directly from Maria Zakharova, the spokesperson for the Russian Ministry......
Amid tightening Western sanctions in response to Russia's military actions in Ukraine, the country has sought alternative pathways to sustain its economic activities, particularly in oil exports and technology imports. In this challenging environment, an unexpected ally has emerged in the form of......
