Keywords: Market
The escalating feud between Elon Musk, CEO of Tesla, and former US president Donald Trump has triggered a sharp sell-off in Tesla shares, wiping out roughly $150 billion in market value. On Thursday, Tesla stock plunged 14%, marking one of its steepest declines in recent months as tensions between the......
Morocco is witnessing a sharp increase in poultry prices as Eid Al Adha approaches. Scheduled for June 7, the celebration this year comes without its traditional animal sacrifice ritual, leading to a surge in demand for alternative meat options. In Casablanca, poultry prices have reached MAD 23 per......
Spain amended its housing law two years ago to curb soaring property prices and rents. The reform aimed to regulate rent prices through a rent control index, increase taxes on landlords with vacant properties, and incentivize below-market rental rates. Since then, rental prices have risen by 24 percent......
Morocco has rapidly emerged as one of the leading markets for Russian wheat exports in recent years, joining other growing destinations such as Nigeria, Kenya, Libya, Tunisia, and Tanzania. Dmitry Sergeyev, chairman of the Russian Union of Grain Exporters and Producers, highlighted this trend in an interview......
Morocco is actively participating in the 24th International Pharmaceutical Forum, held in Tunis, Tunisia. The event, which began on Thursday, gathers major stakeholders from the pharmaceutical sector to explore the role of artificial intelligence (AI) in advancing the industry. This year’s forum......
Recent developments in Spain reveal the government’s intensified focus on regulating foreign property purchases and shifting perceptions of house brands among Spanish consumers. Foreign property buyers from affluent Western nations are increasingly feeling the pressure from Spanish authorities.......
For decades, cannabis in the Middle East and Africa remained relegated to the margins of legality, cultivated and traded in the shadows. That changed in 2021 when Morocco became the first country in the region to legalize the production, export, and medical use of cannabis. This landmark legislation......
Rental contracts signed in Spain during 2020 are set for renewal this year, raising concerns over substantial price hikes for hundreds of thousands of tenants. The phenomenon, dubbed the ‘great rent hike’ by the Spanish press, reflects the tumultuous shifts in the rental market over recent......
The Bank of Spain recently issued a cautionary note, indicating that signs of a property bubble may be emerging in the country. As house prices soar to historic levels, the question arises: is Spain witnessing a real estate bubble, and if so, could it burst within the next year? A property bubble is......
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