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Economy
Royal Air Maroc (RAM) has announced an ambitious expansion of its domestic flight network, enhancing connectivity to Morocco’s southern provinces and supporting regional development. The new routes are part of a partnership with the regions of Dakhla-Oued Eddahab, Laayoune-Sakia El Hamra, and Guelmin-Oued......
The Directorate of the Treasury and External Finance (DTFE) carried out four short-term investment operations on Thursday, placing a total of MAD 11.3 billion of cash surpluses. The largest operation, amounting to MAD 6.4 billion, was conducted as a repurchase......
Morocco’s Mohammed VI Polytechnic University (UM6P) is set to host a symposium on October 27 in collaboration with the Timbuktu Institute – African Center for Peace Studies, celebrating the 60th anniversary of Morocco-Senegal cooperation. The event will take place at the ASARI Campus of UM6P......
Morocco’s Minister of Foreign Affairs, Nasser Bourita, has urged Belgian businesses to seize investment opportunities in Morocco’s southern provinces, emphasizing the region’s potential as a hub for development and cooperation within Africa. Speaking at a joint press conference with......
South Africa is advancing plans to construct its second-largest airport just outside Cape Town, with the Cape Winelands Airport project marking a significant milestone in the nation’s infrastructure expansion. The development, estimated at $430 million (approximately R8 billion), is slated to begin......
European and Indian stock markets opened higher on Friday as positive corporate earnings reports and easing trade tensions between the United States and China lifted investor sentiment across global markets. India's benchmark BSE Sensex gained 0.13% to open at 84,667.23, while the Nifty 50 rose......
Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......
Oil prices have soared to their highest weekly increase in nearly five months, driven by fresh sanctions from the United States and the European Union against Russia's largest oil companies. The measures have sparked fears of supply disruptions, pushing crude futures up by over 5% on Thursday. Brent......
Belgium has unilaterally blocked a proposed €140 billion European Union loan for Ukraine, guaranteed by frozen Russian central bank assets. The move, led by Belgian Prime Minister Bart De Wever, has forced EU leaders to postpone a final decision until December, jeopardizing Ukraine’s urgent......
Morocco’s growing prominence as a regional trade and financial hub has drawn renewed attention from the World Bank, which praised the North African country’s progress while urging continued reforms to unlock the full potential of its capital markets. In its latest assessment, the World Bank......
The second edition of Global Food Week 2025 wrapped up at the Abu Dhabi National Exhibition Centre (ADNEC), showcasing groundbreaking agricultural advancements, fostering international collaborations, and celebrating excellence across the food and farming industries. Held under the patronage of Sheikh......
Morocco is intensifying its energy transition with the 2026 draft finance bill, reinforcing long-term strategies to expand renewable energy, advance green hydrogen projects, and modernize the country’s energy infrastructure. Since the launch of its National Energy Strategy in 2009, Morocco has......
Morocco and Spain are moving to strengthen their economic ties as both nations prepare to co-host the 2030 FIFA World Cup alongside Portugal. The initiative reflects a shared vision for sustainable growth and deeper regional integration. Morocco’s General Confederation of Moroccan Enterprises......