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Keywords: Growth


United States: Q2 growth revised sharply upward to +3.8% annualized

The United States recorded an annualized GDP growth of 3.8% in the second quarter, according to an updated official estimate released Thursday, well above previous calculations and market expectations. The first estimate, published at the end of July, reported growth of 3%. It was later revised to 3.3%,......

Oracle appoints dual CEOs to spearhead AI-driven growth strategy

Oracle has announced the appointment of Clay Magouyrk and Mike Sicilia as co-CEOs, marking a pivotal leadership transition as the tech giant intensifies its focus on artificial intelligence (AI) and cloud computing. Safra Catz, the current CEO, will assume the role of executive vice chair of the board......

Data centers take center stage at GITEX Global 2025 as AI drives demand

Global data center demand is experiencing unprecedented growth, with hyperscalers now operating 1,189 large facilities worldwide. These tech giants account for 44% of the global data center capacity, while on-premises solutions have declined to just one-third of the total market. This surge in demand......

India seeks to deepen defense ties with Morocco during official visit by Rajnath Singh

India’s Defense Minister Rajnath Singh is set to embark on a four-day visit to Morocco, signaling New Delhi’s growing interest in strengthening its defense and industrial partnerships across Africa. The trip underscores India’s ambition to expand its footprint in the region, offering......

Ministers instruct environment agency to approve housing plans quickly

UK ministers have reportedly instructed the Environment Agency to approve housing planning applications with minimal scrutiny. The move is part of a broader regulatory reform aimed at boosting economic growth and addressing the government’s budget shortfall. Officials say they have been advised......

MENA shifts toward renewables, nuclear, and gas as energy demand surges

The International Energy Agency (IEA) released a new report analyzing energy diversification strategies in the Middle East and North Africa (MENA). The report highlights that MENA has become one of the fastest-growing contributors to global electricity demand since 2000, with demand tripling by 2024.......

Morocco strengthens global tourism position with record-breaking visitor numbers

Morocco continues to solidify its standing on the global tourism map, attracting 13.5 million international visitors by the end of August 2025. According to the Ministry of Tourism, this represents a 15% year-on-year increase, showcasing the resilience of the sector and the success of Morocco’s......

Cybersecurity drives Morocco’s digital sovereignty and economic resilience

Cybersecurity has become a cornerstone of Morocco’s digital sovereignty and a key driver of economic growth, stated Abdeltif Loudyi, Morocco’s Minister Delegate for National Defense Administration, at the opening of the Regional Cyber Week in Rabat. Loudyi emphasized that investing in cybersecurity......

Morocco leads Africa’s tourism surge with record-breaking growth in 2025

Global tourism saw a steady upswing in the first half of 2025, with international arrivals rising by 5% compared to the same period in 2024. According to the United Nations World Tourism Organization (UN Tourism), 690 million travelers crossed international borders between January and June, exceeding......