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Keywords: Market
Bitcoin has surged past the $45,000 mark for the first time since January 12th, buoyed by renewed confidence in the cryptocurrency market. This recent rally comes amidst a growing lack of trust in regional American banks following last year's banking crisis. Investors disillusioned with traditional......
Morocco's leading telecommunications company, Maroc Telecom, is set to appeal a significant $636 million antitrust ruling issued on Monday. The ruling mandates compensation to its competitor, Inwi, owned by Wana Corporate, according to multiple sources. The Rabat Commercial Court has directed Maroc......
Morocco's real estate sector presents a diverse tapestry, each corner narrating its unique story. Understanding its dynamics necessitates meticulous neighborhood-level analysis. Delving into over two million data points, the examination of both supply and demand aspects across major cities like......
In a significant financial move, the high-end real estate project, Résidences Ritz-Carlton Marrakech, has secured a substantial investment exceeding $220 million from Ento Capital, the esteemed investment bank. This infusion of capital aims to bolster the ongoing construction and management of......
In the wake of Morocco's thriving tourism industry, Spanish hotel giants are seizing the opportunity to extend their reach into the North African country, as it emerges as a formidable competitor in the global travel market. The likes of Barceló, Riu, Iberostar, and Meliá, well-established......
Tesla, the renowned electric vehicle manufacturer, has recently issued a recall affecting a staggering 1.6 million vehicles in China. The recall stems from safety concerns associated with software glitches, impacting various models including the Models S, X, Y, and 3 that were produced between 2014 and......
The Moroccan government finds itself in a favorable financial position, boasting surplus funds that are not lying dormant. The Treasury and External Finance Department, a branch of the Ministry of Economy and Finance, took decisive action this week by channeling an impressive 20.75 billion Moroccan dirhams......
Trading at the Casablanca Stock Exchange opened the new year on a positive trajectory following a brief closure for the holidays on Monday. The primary index, MASI, showcased a robust start by advancing 0.66%, ultimately closing at 12,172.92 points as reported from Tuesday's session. The positive......
Morocco is poised for a significant boost in its avocado harvest this season, anticipating a nationwide production increase of 2%. However, this abundance is not without its challenges, including smaller fruit sizes and the potential for surpluses that could lead to a decline in prices. During the October-April......
