Keywords: Revenues
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......
Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......
Morocco’s OCP Group has announced that its revenues reached $2.18 billion in the first quarter of 2025, an increase from $1.95 billion recorded during the same period last year. In a recent statement, the group detailed that its gross profit rose to $1.5 billion, up from $1.27 billion. Meanwhile,......
The FIFA Club World Cup 2025 is poised to be much more than a month-long football tournament in the United States. Taking place across 11 iconic U.S. cities, including New York, Los Angeles, and Miami, the event is anticipated to flood the economy with cash, generating an impressive $41.3 billion in......
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