Economy



Morocco hosts Egyptian trade mission to expand food ties

Morocco received a delegation of 31 Egyptian companies from the food, printing, and packaging sectors in a move aimed at expanding commercial cooperation and strengthening bilateral trade links. The mission focused on identifying investment opportunities and building partnerships within Morocco’s......

Macron to chair video call involving G7 and China over trade imbalances

French President Emmanuel Macron is set to chair a video conference on Thursday bringing together G7 countries and China to discuss global trade imbalances, according to the Élysée Palace. The initiative reflects growing concerns among major economies about disruptions in global trade......

European central bank prepares rate hike in three years amid inflation rise

The European Central Bank is preparing to raise interest rates for the first time in nearly three years as inflationary pressures intensify across the eurozone. The move comes as policymakers respond to weakening growth and persistent price increases linked to energy market disruptions. The eurozone......

French companies join forces to develop sustainable aviation fuel project

Four major French industrial groups have announced plans to establish a joint venture aimed at accelerating the production of sustainable aviation fuel (SAF), marking a significant step in the aviation sector's efforts to reduce carbon emissions. The partnership brings together Technip Energies,......

French telecom operators move forward with $23.5 billion SFR acquisition plan

French telecommunications companies Bouygues, Orange, and Free are preparing to submit their proposed acquisition of SFR to competition regulators, marking a significant step in one of the largest telecom transactions seen in Europe in recent years. The three operators recently reached a preliminary......

European airlines’ booking surge fades as Gulf carriers recover capacity

European airlines are seeing a rapid slowdown in the booking surge that followed major disruptions to Gulf aviation hubs, as Middle Eastern carriers restore capacity and reclaim market share across long-haul routes. The temporary shift in demand emerged after airspace restrictions and route closures......

Private jet demand rises despite global economic uncertainty

The global private aviation sector continues to demonstrate remarkable resilience as demand from affluent travelers remains strong despite economic uncertainty and rising operational costs. Industry observers report increased activity surrounding major international events such as the Monaco Grand Prix......

Airbus nears major aircraft deal with Scandinavian airline SAS

European aircraft manufacturer Airbus is reportedly close to securing a significant widebody aircraft order from Scandinavian airline SAS, a deal that could strengthen the airline’s long-term fleet modernization strategy. According to industry reports, SAS is considering the acquisition of between......

French telecom operators extend talks on SFR acquisition by 48 hours

Three major French telecommunications operators have extended negotiations for the acquisition of rival operator SFR, giving themselves an additional 48 hours to finalize a potential agreement. The discussions involve Bouygues Telecom, Orange, and Iliad, which have been in exclusive talks with Altice......

Eurozone GDP revised to 0.2 percent contraction in Q1 2026

Eurozone GDP contracted by 0.2 percent in the first quarter of 2026 after a sharp downward revision of earlier estimates. The final figures show a significant shift from the initial flash estimate, which had indicated a 0.1 percent expansion. The revision marks the first quarterly contraction in the......

Rémy Cointreau reports 35% drop in annual profit amid tariff pressures

French spirits group Rémy Cointreau has reported a sharp decline in its annual net profit, falling by 35% for its 2025–2026 fiscal year, as the company faces increasing pressure from international tariffs and higher production costs. The company attributed the downturn to additional import......

Moulay Hafid Elalamy takes control of Swedish bank stake

Moroccan businessman Moulay Hafid Elalamy has taken 92.3 percent control of Arktika Capital AB, a Sweden based licensed credit institution focused on distressed debt. His son, Moulay Mhamed Elalamy, has been appointed chief executive officer of the company. The stake is held through a network of investment......

Decathlon workers call for nationwide mobilization over wages amid strong company profits

Trade unions at French sporting goods retailer Decathlon have called for a nationwide employee mobilization on Saturday, as tensions rise over wages and working conditions despite strong financial results for the company. The call, backed by several major unions including CFDT, CFTC, CGT, CFE-CGC, and......

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