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Keywords: Economic Impact


US Dominates Morocco's Expanding Butane Market as Import Demands Surge

Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......

Australia's Birth Rate Reaches Historic Low, Raising Economic Concerns

In a significant demographic shift, Australia recorded 286,998 births in 2023, resulting in a total fertility rate (TFR) of just 1.50 babies per woman, according to the latest figures from the Australian Bureau of Statistics (ABS). This marks a decline from the previous year’s TFR of 1.63 and continues......

Anouar Sabri Leads Discussion on the Promising Future of Artificial Intelligence

The Temporary Thematic Working Group on Artificial Intelligence: Its Prospects and Impacts convened a significant meeting, led by Mr. Anouar Sabri, the group's president, alongside UNESCO officials. Held on October 16, 2024, this gathering focused on AI's transformative potential and global implications. The......

British Firms Eye Lucrative Opportunities as Morocco Prepares for 2030 World Cup

A delegation of 12 British companies is set to visit Morocco from October 15-17, 2024, exploring potential partnerships as the North African nation gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal. This initiative, announced by John Humphrey, the UK Trade Commissioner for Africa,......

Morocco's Tourism Boom: 13.1 Million Visitors Signal Strong Economic Recovery

Morocco's tourism sector is experiencing a remarkable resurgence, with visitor numbers soaring to 13.1 million by the end of September 2024. This impressive figure represents a substantial increase of approximately two million tourists compared to the same period in 2023, according to recent data......

Ryanair to Phase Out Paper Boarding Passes: Smartphones Mandatory for Travel

In a significant shift, Ryanair is set to make smartphones a necessity for travelers, marking the end of an era for paper boarding passes. The Irish low-cost airline, known for its meticulous cost-cutting measures, is introducing a new policy that will impact those who prefer traditional printed documents. For......

Spain's Bold Move: Unprecedented Plan to Regularize 700,000 Undocumented Immigrants

Spain is poised to embark on an ambitious plan that could reshape its immigration landscape. The coalition government, led by the Spanish Socialist Workers' Party (PSOE) and Sumar, has proposed a sweeping regularization of undocumented immigrants, potentially affecting up to 700,000 individuals who......

Unraveling the Al-Khair Group Scandal: A Major Pyramid Scheme Unveiled in Morocco

In a shocking turn of events, the head of the Al-Khair Group, a prominent figure in Morocco's business landscape, has been detained on allegations of orchestrating a massive pyramid scheme that has left over 100 individuals financially devastated. This scandal has sent ripples of concern throughout......

Morocco's Tourism Industry Soars: A Record-Breaking Year Unveils Impressive Growth

Morocco's tourism sector is experiencing an unprecedented boom, with the latest figures revealing a remarkable surge in overnight stays during the first half of 2024. The North African nation has witnessed a significant influx of visitors, surpassing expectations and solidifying its position as a......

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