Economy
Bulgaria is set to adopt the euro overnight from Wednesday to Thursday, becoming the 21st country to join the eurozone, a major milestone that has sparked both optimism and anxiety across the country. At midnight, the Balkan nation of 6.4 million people will officially replace the lev, its national......
Morocco has strengthened its position in the European agri-food market by becoming the fourth largest supplier of mandarins to Germany, reflecting steady growth in citrus exports over recent years. The increase highlights the country’s expanding role in meeting European demand for fresh fruit. During......
British energy company Sound Energy PLC has announced a major milestone in Morocco’s Oriental region as the Tendrara gas project begins initial commissioning. The first gas has entered the gas gathering system at the TE-5 Horst production concession, preparing for long-term production into the......
A new European study has raised serious concerns about the safety of toys sold on major online marketplaces, revealing that 86% of tested products pose significant risks to children. The investigation, carried out by Toy Industries of Europe and the French Federation of Toy and Childcare Industries (FFJP),......
Multimodal transport company Samskip has officially launched a new maritime route linking Morocco to Northern Europe. The Samskip Toubkal will make its first commercial departure from Agadir port on November 13, 2025, now regularly connecting Rotterdam, Tilbury, Casablanca, and Agadir. The......
Morocco’s Tanger Med Port continues to strengthen its position as a leading global logistics hub, outpacing major Spanish ports such as Valencia and Barcelona. Spanish shipping magnate Vicente Boluda, president of Boluda Corporación Marítima, has acknowledged that Spain is losing......
Moroccan airports welcomed more than 23.9 million passengers during the first eight months of 2025, marking an 11.7% increase compared to the same period in 2024, according to the Directorate of Studies and Financial Forecasts (DEPF). This growth was driven by an improvement......
European and Indian stock markets opened higher on Friday as positive corporate earnings reports and easing trade tensions between the United States and China lifted investor sentiment across global markets. India's benchmark BSE Sensex gained 0.13% to open at 84,667.23, while the Nifty 50 rose......
The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......
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......
Rabat, Morocco – Morocco has climbed to fifth place in Africa for the number of active data centers, according to a report by Heirs Technologies. With eight operational data centers, the country shows a growing digital capacity driven by targeted investments and expanding connectivity. The 48-page......
Morocco’s OCP Group, the world’s leading exporter of phosphates and fertilizers, has reported impressive financial growth for the second quarter of 2025, reflecting its pivotal role in global agriculture. Strong revenue growth OCP recorded revenues of MAD 30.57 billion (approximately $3......
Foreign direct investment (FDI) fell by 11% worldwide in 2024, according to the World Investment Report 2025 published by the United Nations Conference on Trade and Development (UNCTAD). This marks the second consecutive year of decline in global FDI, the report highlighted, noting that investments......
