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Keywords: Economy
In a strategic move to bolster Morocco's economy, Head of Government Aziz Akhannouch has announced a renewed focus on investment and job creation for the second half of his term. Speaking at a Government Council session in Rabat, Akhannouch outlined a vision that balances economic growth with social......
In a troubling development highlighting the economic challenges facing the world's second-largest economy, China's youth unemployment rate has surged to an unprecedented 17.1% in July, according to the latest data from the National Bureau of Statistics. This figure represents the highest level......
In a landmark address signaling the start of Bangladesh's new political era, Nobel laureate Muhammad Yunus outlined his administration's commitment to two critical national issues: support for Rohingya refugees and the preservation of the country's vital garment industry. Speaking to an audience......
China Baoan and its subsidiary Betrui have unveiled a substantial $370 million investment in Tanger Science and Technology City, aimed at producing 60,000 tons of anode material annually. This development strengthens Morocco's foothold in the global lithium battery market. Building on Betrui’s......
A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......
In a significant development reflecting the economic ramifications of the prolonged Gaza conflict, Fitch Ratings has downgraded Israel's credit rating from A+ to A. This decision comes as the devastating war approaches its first anniversary with no clear resolution in sight. The credit ratings agency's......
Morocco has emerged as a standout in the global service export arena, climbing to the 29th position in 2023. With service exports reaching an impressive $25 billion, a 16% increase from the previous year, this North African nation leads the continent's growth in this sector, according to the World......
According to a Bank of France survey, the Paris 2024 Olympics are set to boost the country’s economic growth. The curtain fell on the Olympics this Sunday, August 11, 2024, with a grand closing ceremony at the Stade de France. Over 17 days, the global sports event captivated audiences, culminating......
In a significant move, the Moroccan Treasury and External Finance Department, operating under the Ministry of Economy and Finance, has executed three substantial cash surplus investments totaling MAD 13.2 billion. The first transaction involved a repo investment valued at MAD 11 billion, spread over......
