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Keywords: Prices


Aramco’s net profit drops by 22% in Q2 due to oil price slump

Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......

Sharp drop in fuel prices following State council’s suspension of fuel tax

Fuel prices in Lebanon saw a significant decline on Friday, July 18, 2025, after the Lebanese State Council suspended a controversial fuel tax increase approved earlier this year by the government of Prime Minister Nawaf Salam. The decision led to a decrease of approximately 100,000 Lebanese pounds......

Rising prices in the US under pressure from tariffs

The impact of tariffs imposed by former President Donald Trump is now being felt by American consumers, as they face a second consecutive rise in consumer prices, according to the latest index released today. The Consumer Price Index (CPI), which tracks inflation, rose by 2.7% year-over-year in June,......

US consumer prices pise as expected in june amid tariff pressures

 U.S. consumer prices saw a notable increase in June, likely marking the beginning of a long-anticipated rise in inflation, driven by new tariffs. This uptick has kept the Federal Reserve cautious about making further interest rate cuts. The Consumer Price Index (CPI) rose by 0.3% in June after......

High hotel prices push Moroccan expats to vacation in Spain and Portugal

There was a time when summer holidays in Morocco meant pure joy and heartfelt nostalgia — a return to one’s roots, shared tajines with family, and the vibrant alleys of sun-drenched medinas. But for many Moroccan expatriates, that tradition is shifting. Today, a growing number are shortening......

Morocco aims to secure five-month wheat stock amid price drop

Morocco is leveraging declining global wheat prices to bolster its reserves and meet domestic demand for the next three to five months. The move comes as the country continues to grapple with the effects of a persistent six-year drought. Capitalizing on lower wheat prices Abdelkader El Alaoui, President......

Moroccans question rising fuel prices despite global oil drop

Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......

Morocco sees slight drop in living costs for May, but inflation persists year-on-year

Morocco’s cost of living experienced a modest decline in May, providing temporary relief to households following months of price instability. However, year-on-year inflation continues to weigh on budgets, highlighting the ongoing financial strain faced by many families. Monthly dip driven by food......

Poultry prices surge in Morocco ahead of Eid Al Adha sacrifice cancellation

Morocco is witnessing a sharp increase in poultry prices as Eid Al Adha approaches. Scheduled for June 7, the celebration this year comes without its traditional animal sacrifice ritual, leading to a surge in demand for alternative meat options. In Casablanca, poultry prices have reached MAD 23 per......