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Economy


How multi-currency accounts transform international payments for Moroccan businesses

For Moroccan businesses operating globally, whether exporting products to Europe, importing from South America, or freelancing for international clients, navigating traditional banking systems can be fraught with challenges. Outdated processes, hefty fees, and unfavorable exchange rates often hinder......

Sustainable Finance: Bank of Africa awarded in Hong Kong

Bank of Africa has received the “Outstanding Service” award at the 2025 plenary meeting of the Green Investment Principles (GIP) for the “Belt and Road Initiative”, held recently in Hong Kong. Co-organized with the University of Hong Kong on......

Global stocks surge amid U.S.-China trade deal progress and Fed rate cut expectations

Global stock markets rallied on Monday as investors celebrated a breakthrough in U.S.-China trade negotiations and growing expectations for another Federal Reserve interest rate cut. The optimism propelled major indices to record highs, signaling a renewed appetite for risk among investors worldwide. Asian......

Seres targets $1.7 billion Hong Kong IPO, leveraging Huawei partnership

Chinese electric vehicle (EV) manufacturer Seres Group is set to launch one of Asia's largest tech IPOs of 2025, aiming to raise up to $1.7 billion in Hong Kong. The move underscores the company’s strategic partnership with Huawei and its ambitions to fund global expansion and technological......

Bitcoin whale offloads $627 million during market rebound

Despite the recent recovery in Bitcoin prices, long-term holders, including high-profile whales, are offloading substantial amounts of cryptocurrency. One prominent Bitcoin whale sold $627 million worth of BTC within two weeks, even as the market shows signs of stabilization following successful trade......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......

Gold prices drop as US-China trade optimism reduces haven demand

Gold prices fell on Monday as optimism surrounding critical trade negotiations between the United States and China dampened demand for the safe-haven metal. Both nations signaled progress in resolving their prolonged trade conflict, easing market tensions. Spot gold declined by 1.3% to $4,060.80 per......

Delta Air Lines unveils first nonstop flight between Atlanta and Marrakech

Delta Air Lines has officially launched its inaugural nonstop flight connecting Atlanta, Georgia, to Marrakech, Morocco, marking a historic milestone in the airline's expanding global network. The first flight, operated by a Boeing 767-400ER, landed at Marrakech Menara Airport today, symbolizing......

EU threatens trade sanctions over China's rare earth export restrictions

The President of the European Commission, Ursula von der Leyen, has issued a stern warning to China, signaling that the European Union may deploy its most powerful trade weapon in response to Beijing’s tightening control over rare earth exports. The move, which has disrupted European supply chains,......

National Industry Day: Ensuring the competitiveness of “Made in Morocco”

The 3rd edition of the National Industry Day (JNI), to be held on November 3–4, will shine the spotlight on “Made in Morocco”. Held under the High Patronage of His Majesty the King, the event is organized by the Ministry of Industry and Trade (MIC) and......

70 new buses arrive at Agadir Port, Launching Morocco’s 2025-2029 urban transport program

The Port of Agadir welcomed 70 brand-new buses on Saturday, marking the official launch of Morocco’s National Urban Public Transport Program 2025–2029. Backed by a total budget of 11 billion dirhams, the initiative aims to modernize and expand urban mobility networks across the Kingdom, with......

Spanish unemployment rises in third quarter as services sector slows

Spain’s unemployment rate increased slightly to 10.45 percent in the third quarter of 2025 as the dynamic services sector, heavily reliant on seasonal tourism and hospitality, shed jobs following the summer season. According to the National Statistics Institute, this figure represents a modest......

Financial criteria for Spain's non-lucrative visa unlikely to change in 2026

Foreign nationals living in Spain under the non-lucrative visa scheme, as well as new applicants seeking to relocate to the country, are facing questions over possible changes to the financial requirements for eligibility in 2026. This visa, which is popular among retirees and remote workers, allows......