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Keywords: Economy
The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......
U.S. President Donald Trump announced on Friday that he plans to unveil new tariffs on semiconductors in the “next week or the following week,” ahead of his trip to Alaska to meet Russian President Vladimir Putin. “I will announce new tariffs next week or the week after, on steel and,......
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......
Nigeria is cementing its position as a leading digital powerhouse in Africa through a combination of policy advancements, global collaborations, and a thriving startup ecosystem. With its first edition of GITEX NIGERIA set to take place from September 1-4 in Abuja and Lagos, the nation is showcasing......
Kazakhstan has undergone a remarkable transformation over the past decade, evolving from a resource-driven economy into one of Central Asia’s leading digital innovators. With more than 92% of public services now available online and a growing focus on artificial intelligence (AI), the country is......
Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), announced that artificial intelligence and automation now underpin “every layer” of its operations. This integration is not only reshaping the fund’s investment strategies but also reflecting......
Leaders from Morocco’s Digital Development Agency (ADD) and the Dubai World Trade Center (DWTC) have reinforced their partnership to position Africa as a global digital powerhouse. The collaboration, centered on the successful GITEX Africa event, reflects their shared ambition to drive innovation,......
The United States and China have agreed to extend their tariff truce for an additional 90 days, preventing a sharp rise in duties that risked further straining trade relations between the two economic superpowers. US President Donald Trump announced the decision on Monday, revealing an executive order......
Morocco’s industrial sector maintained a stable business environment in the second quarter of 2025, with most companies reporting normal operating conditions, according to the latest survey by Bank Al Maghrib (BAM). The findings show steady performance across key industries, despite sector-specific......