Keywords: Revenues
The Head of Government, Aziz Akhannouch, announced on Wednesday before both Houses of Parliament in Rabat that revenues generated by the national tourism sector reached 138 billion dirhams. This unprecedented level confirms the strategic importance of tourism in Morocco’s economy. This growth......
Russia’s oil revenues recorded a sharp weekly increase after a temporary US sanctions waiver and rising global prices linked to tensions with Iran triggered a rapid market reversal, easing months of pressure on Moscow’s energy income. Seaborne oil export revenues rose by about 890 million......
Russia’s economy is showing new signs of fatigue as Western sanctions enter their fifth year, undermining the resilience that helped Moscow cushion earlier financial shocks. After years of wartime expansion fueled by military contracts and oil exports, growth has slowed dramatically. The International......
Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......
Russia’s oil and gas tax revenues fell in January to their lowest monthly level since the COVID-19 pandemic, highlighting the mounting strain Western sanctions are placing on the Kremlin’s ability to finance its war effort. State income from the energy sector dropped to 393 billion rubles,......
Adidas, the German sportswear giant, has unveiled plans to repurchase up to 1 billion euros ($1.2 billion) of its own shares in 2026. This move follows a stellar close to 2025, marked by record annual revenues. The program, set to kick off in early February, will draw from anticipated cash flows and......
Morocco’s tax revenues are expected to reach 366 billion dirhams by 2026, up from 199 billion dirhams in 2020, according to government spokesperson Mustapha Baitas. The announcement was made on Thursday during a press briefing following a meeting of the Government Council. Baitas, who also serves......
Morocco is steadily affirming its position as one of the region’s premier travel destinations, with tourism revenues reaching MAD 100 billion in the first nine months of 2025. The country welcomed 15 million visitors during this period, signaling robust growth in the sector. Data from the Foreign......
OCP Group, Morocco’s state-owned phosphate and fertilizer producer, recorded strong financial results in the first half of 2025, driven by higher export volumes, robust demand across key markets, and growth in customized fertilizer solutions. Revenues and profitability The Group posted revenues......
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