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Economy
A senior Iranian economist has warned that inflation could surpass 60% by March 2026, as the country faces an intensifying economic crisis driven by sanctions, mismanagement, and soaring consumer prices. Morteza Afghah, a professor of economics at Ahvaz University, told Khabar Online that Iran is on......
Canadian Prime Minister Mark Carney has issued a formal apology to former U.S. President Donald Trump regarding a controversial advertisement launched by Ontario's government. The ad, which quoted Ronald Reagan’s critique of tariffs, drew Trump’s ire but failed to restart the stalled......
The Moroccan Capital Market Authority (AMMC) approved on Friday the prospectus for the initial public offering (IPO) of Cash Plus, marking a significant step in the development of Morocco’s financial sector. The operation involves the issuance of 2 million new shares and......
The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......
Austria’s Hirschmann Automotive has officially opened a new factory in Oujda Technopole, located in Morocco’s Oriental region. The facility, spanning 22,200 square meters, is part of the “Cleantech” industrial acceleration zone and represents an investment of MAD 180 million.......
The General Confederation of Moroccan Enterprises (CGEM) has released the findings of its third Barometer of Responsible Governance, highlighting significant progress in corporate governance among Moroccan publicly listed companies. The announcement, made in Casablanca under the leadership of CGEM Vice......
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......
Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......
The United States is facing a potential economic reckoning as its national debt surpasses an unprecedented $38 trillion, according to warnings from David Solomon, CEO of Goldman Sachs. Speaking at the Economic Club of Washington, Solomon emphasized the critical need for sustained economic growth to address......
Morocco is witnessing significant progress in its transport and logistics sectors, with state operators reporting steady revenue increases driven by strategic investments and growing demand. These developments come as the country prepares to host major sporting events, including the Africa Cup of Nations......
The Group of Seven nations has unveiled a landmark alliance aimed at bolstering the production of critical minerals, a move described by Canadian Energy Minister Tim Hodgson as a pivotal shift in efforts to lessen Western reliance on China's grip over resources vital for modern technology. Revealed......
A Spanish government study has confirmed the technical feasibility of constructing a tunnel linking Morocco and Spain, marking a significant step forward for the ambitious €8.5 billion project. This cross-continental railway link, which would span approximately 65 kilometers, has been under discussion......
Moroccan MP Ahmed Touizi faced backlash this week after alleging in parliament that some companies “grind paper and present it as subsidized flour,” prompting the National Federation of Mills to strongly refute his claims. Touizi, leader of the Authenticity and Modernity Party (PAM), made......