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Keywords: Economic
As 2024 comes to a close, Morocco reflects on a year of significant milestones that have bolstered its global standing while driving domestic progress. From diplomatic achievements and political reforms to cultural preservation and economic modernization, the Kingdom has cemented its role as a dynamic......
Morocco has secured its position as Africa's most attractive investment destination, according to the Amadeus Institute's 2024 Africa Attractiveness and Stability Indices. The North African nation achieved a commanding score of 77.45 in attractiveness and 76.04 in stability, placing it first......
In a significant diplomatic development, Senegal's Minister of African Integration and Foreign Affairs, Yassine Fall, visited Rabat this week to deliver a message from newly-elected President Bassirou Diomaye Faye to King Mohammed VI, signaling a commitment to strengthen the nations' longstanding......
The International Monetary Fund (IMF) and Egypt have reached a critical agreement to unlock $1.2 billion in funding aimed at stabilizing the country’s struggling public finances. This "staff-level agreement" is still subject to approval by the IMF's Executive Board, marking a significant......
Algeria faces intensifying civil unrest as military authorities arrest protesters responding to online calls for change under the hashtag "Manich Rady." The demonstrations echo the 2019 Hirak Movement, with citizens demanding an end to military governance amid deteriorating economic conditions. The......
In a notable shift in Mediterranean fishing dynamics, Morocco's coastal and artisanal fishing sector has experienced significant changes through November 2024, according to recent data from the National Fisheries Office (ONP). While fishing volumes have declined, the overall market value has shown......
The Moroccan government has unveiled a comprehensive wage and tax reform package set to take effect in 2025, aimed at boosting purchasing power and stimulating domestic consumption amid inflationary pressures. Starting January 1, 2025, the guaranteed minimum interprofessional wage (SMIG) will increase......
King Mohammed VI of Morocco addressed the Second National Conference on Advanced Regionalization in Tangier, highlighting the significance of this strategic initiative in advancing governance and fostering economic and social development. This conference, held on December 20-21, serves as a vital milestone......
Macao recently witnessed a pivotal moment as Chinese President Xi Jinping swore in its new Chief Executive, Sam Hou Fai, during the 25th anniversary of the region’s handover to China. In his address, Xi emphasized the need for the city to diversify its economy, a critical move for the world’s......