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Economy


Asia-Pacific markets fall on tech sell-off and fears of AI bubble

Asian stock markets declined sharply amid growing investor concerns over inflated valuations in the technology sector, particularly related to artificial intelligence (AI). Japan's Nikkei 225 dropped nearly 1.8%, closing just below......

EU warns US against expanding steel and aluminum tariff scope amid trade tensions

European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......

Japan’s economy contracts amid export slump and tariff pressures

Japan’s economy contracted by 1.8% on an annualized basis in the third quarter of 2025, marking its first decline in six quarters as US tariffs weighed heavily on exports. The quarter-on-quarter drop of 0.4% was milder than economists’......

China’s travel advisory impacts Japan’s tourism and retail sectors amid rising tensions

Japan’s tourism and retail industries are grappling with significant setbacks following China’s advisory discouraging its citizens from traveling to Japan. The warning, issued amidst heightened diplomatic tensions over Taiwan, has caused ripples across Japan’s economy, particularly......

Moroccan real estate firm EKTAR secures $100 million for luxury housing project

EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded......

Gasoil imports rise as revenues and tax receipts decline in Morocco

Morocco's Competition Council has unveiled its seventh quarterly report on the wholesale fuel market, analyzing the performance of nine major distributors during the second quarter of 2025. The report highlights key trends in import volumes, pricing, storage capacities, and gross margins across gasoil......

Liquidity squeeze blamed for Bitcoin crash after reaching record high

Bitcoin’s recent market turbulence has captured global attention, as the cryptocurrency briefly surged past $126,000 before plunging in a sudden correction. The dramatic price swing has reignited debates over the factors driving its volatility. New analysis from Citigroup suggests that the sharp......

Morocco advances desalination projects to secure long-term water supply

Amid mounting climate challenges and dwindling water reserves, Morocco is accelerating its desalination strategy to meet rising demands and ensure a sustainable water supply. This shift is driven by an ambitious plan to double investments in desalination by 2033, leveraging advanced technology and renewable......

Transavia expands Moroccan network with Amsterdam-Rabat route launch

Transavia has officially inaugurated its first flight connecting Amsterdam and Rabat, marking a significant milestone in the Dutch airline’s expansion into North Africa. The inaugural flight, which departed from Amsterdam's Schiphol Airport, was attended by Transavia CEO Marcel de Nooijer and......

Morocco solidifies position as top Arab destination for renewable energy investment

Morocco has emerged as one of the leading markets for renewable energy investment in the Arab region, according to a recent report by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The study, which spans the period from 2003 to 2024, highlights the country's consistent performance......

EU approves Adnoc's €14.7 billion acquisition of German chemical giant Covestro

The European Commission has conditionally approved Abu Dhabi National Oil Company's (Adnoc) €14.7 billion acquisition of Covestro, a major German chemical manufacturer. This decision marks one of the most significant foreign takeovers of a European industrial firm by a Gulf state entity, clearing......

Spain's economy needs over 2 million workers to sustain pensions and jobs

Spain faces a pressing demographic challenge as a new report reveals that the country will require 2.4 million additional workers over the next decade to maintain economic productivity and stabilize its pensions system. With a rapidly aging native population, experts emphasize that migrants will play......

U.S. stock futures fall as rate cut hopes fade

U.S. stock futures dropped sharply on Friday morning as investor optimism over a Federal Reserve interest rate cut in December dwindled, following a tumultuous trading session that marked Wall Street’s steepest losses in over a month. Futures tied to the Dow Jones Industrial Average fell by 0.6%,......