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Keywords: Economic


UAE Tightens Grip on Influencer Marketing: Licensing Mandate Enforced

In a move to bring order and accountability to the burgeoning influencer marketing landscape, the United Arab Emirates (UAE) will enforce a new regulation requiring social media influencers to obtain licenses to engage in advertising activities, effective July 1. Failure to comply with this mandate will......

Biden Edges Past Trump in Latest Presidential Poll, Narrow Lead Emerges

In a closely contested race for the White House, President Joe Biden has gained a slender 2% lead over his predecessor, Donald Trump, in voter intentions for the upcoming November presidential election, according to a new poll conducted by Fox News. This narrow advantage underscores the intense battle......

Dwindling Fertility Rates Jeopardize Future Prosperity in OECD Nations

A new report by the Organization for Economic Co-operation and Development (OECD) has highlighted the alarming decline in fertility rates across its member countries. This trend poses a significant risk of demographic decline, which could lead to severe economic and social challenges for future generations.......

Mineral Water Tax Boosts Local Government Revenues

Recent figures released by the Ministry of Interior have revealed a remarkable surge in revenues from mineral and table water sources, benefiting local authorities. Revenues soared from 170.3 million dirhams in 2022 to an astonishing 803.2 million dirhams in 2023. According to the Economic, Social and......

Morocco's Fiscal Fortitude: Lekjaa Unveils Roadmap to Reduce External Debt

In a comprehensive address, Fouzi Lekjaa, the Minister Delegate in charge of the Budget, outlined Morocco's strategic approach to tackling its external debt amidst prevailing geopolitical tensions and a global economic slowdown. His remarks offered a beacon of hope, outlining a pathway towards fiscal......

Alarming Birthrate Crisis in Korea: President Declares Demographic Emergency

In a somber declaration that sent shockwaves across the nation, South Korean President Yoon Suk Yeol proclaimed a "national demographic emergency" due to the country's alarmingly low birth rate. Speaking in Seongnam, a suburb of Seoul, the President underscored his unwavering determination......

Eid al-Adha Aspirations Clash with Economic Realities: A Poignant Dilemma

As the sacred occasion of Eid al-Adha approached, Morocco found itself grappling with a critical period marked by a confluence of economic and social challenges. Factors such as the soaring prices of sacrificial sheep and other essential commodities, coupled with rampant inflation, have profoundly impacted......

Modi Sends Heartfelt Eid Al-Adha Greetings to King Mohammed VI

Prime Minister Narendra Modi of India has conveyed warm Eid Al-Adha greetings to King Mohammed VI, highlighting the enduring friendship and growing economic ties between India and Morocco. In a statement released by the Indian embassy in Morocco, Prime Minister Modi underscored the universal values......

UNESCO Unveils Staggering $10 Trillion Cost of Global Education Crisis

In a sobering report released on Monday, the United Nations Educational, Scientific and Cultural Organization (UNESCO) revealed that the global cost of out-of-school children and youth, coupled with learning deficiencies, amounts to a staggering $10 trillion annually for the world economy by 2030. This......

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