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Keywords: Growth
Nearly 18.5 million individuals completed the Hajj and Umrah in 2024, as reported by the Saudi Ministry of Hajj and Umrah. This impressive figure is attributed to various initiatives aimed at enhancing capacity, developing airports, expanding transportation networks, and implementing technological systems......
Morocco's economy recorded a growth rate of 3.7% in the final quarter of 2024, a decline from the 4.2% achieved in the same period last year. This slowdown, reported by the High Commission for Planning (HCP), is attributed primarily to a downturn in agricultural output, while non-agricultural sectors......
GITEX Africa 2025 returns to Marrakech, showcasing the rapid transformation of the continent's financial landscape through innovative technologies and financial solutions. This year's event, taking place from April 14 to 16, is poised to illuminate Africa's fintech revolution and its implications......
Travelodge, the budget hotel chain operating over 600 locations across the UK, Ireland, and Spain, has reported a modest increase in annual sales as consumers continue to prioritize experiential spending. However, the start of 2025 has been sluggish, even with a boost from major events like the Six Nations......
Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural......
Morocco is currently maneuvering through a landscape marked by diplomatic and trade challenges, amidst a backdrop of global economic uncertainty. The year 2025 unfolds with apprehensions regarding international trade, particularly as the U.S. administration under President Trump signals potential tariffs......
Africa's digital payments landscape is poised for remarkable growth, with projections indicating a surge to $1.5 trillion by 2030, as highlighted in a recent report commissioned by Mastercard and released by Genesis Analytics. Mastercard is spearheading initiatives aimed at enhancing digital adoption......
Tanger Med Port is solidifying Morocco's position as a leader in port operations across Africa and the Mediterranean, as evidenced by its rise to 17th place in the latest global rankings by Alphaliner, which recognizes the top 30 container ports worldwide. In 2024, Tanger Med handled an impressive......
Moroccan traditional handicrafts exports saw significant growth in 2025, with a 27% increase in the first two months of the year compared to the same period in 2024, totaling exports exceeding 231 million dirhams. This growth trend was particularly strong in January 2025, which saw a 31% increase compared......