Keywords: Economy


Digital Virgo Celebrates 20 Years in Morocco: Strengthening Its Position as a Strategic Hub for African Digital Expansion

Digital Virgo is celebrating two decades of operations in Morocco, highlighting the Kingdom’s growing importance in the international group's strategy to expand digital services and payment solutions across Africa. Since establishing its presence in Morocco in 2006, the company has progressively......

Europe and SpaceX: The Race for Space Independence Accelerates

Europe is accelerating efforts to strengthen its independence in space, with billions of euros in potential investments aimed at developing homegrown launch systems, astronaut transportation and commercial spacecraft. The European Space Agency (ESA) is preparing a series of strategic decisions that could......

Uzbekistan Fintech Reforms: Apple Pay and Google Pay Launch in the Country

Uzbekistan has taken a significant step towards modernising its financial services sector with the introduction of Apple Pay and Google Pay, bringing internationally recognised digital payment platforms to local consumers following regulatory changes designed to attract global technology providers. The......

FIFA World Cup 2026: Ticket Sales and Hospitality Generate Nearly $5 Billion

The 2026 FIFA World Cup has delivered an unprecedented financial windfall for world football’s governing body, with ticket sales and hospitality packages reportedly generating close to $5 billion. The figure represents a dramatic increase compared with the previous edition in Qatar and highlights......

Morocco Reviews Tax Policy on Cigarettes, Alcohol and Luxury Cars Under 2027 Finance Bill

orocco’s Finance Minister, Fouzi Lekjaa, has outlined the government’s approach to several tax measures included in the draft 2027 Finance Bill, addressing concerns over taxation on consumer products, luxury vehicles and real estate. Speaking on the television programme Saât Ssaraha......

Christine Lagarde’s ECB Legacy: Seven Years Shaped by Covid, Inflation and War

Christine Lagarde’s tenure at the helm of the European Central Bank (ECB) has been marked by a succession of crises that tested the resilience of the eurozone and reshaped the institution’s monetary policy. Appointed in 2019, she took office just months before the Covid-19 pandemic plunged......

ECB Leadership Change: Christine Lagarde’s Early Exit Sets Succession Process in Motion

Christine Lagarde will leave her position as president of the European Central Bank (ECB) on February 7, 2027, bringing her leadership to an end several months before the scheduled conclusion of her mandate. The announcement, made on October 29, marks the beginning of a crucial transition for the institution......

Moroccan Scientists Win Two Awards in China for Breakthrough Argan Research

A research team from Mohammed V University in Rabat has secured two distinctions at the 2026 World Young Scientist Summit in China, highlighting Morocco’s growing contribution to sustainable food innovation. The researchers were recognized for exploring how residue from argan oil production could......

Morocco’s State Transfers to Public Enterprises Surge to 72.9 Billion Dirhams in 2025

Morocco’s financial support for public establishments and state-owned companies has expanded significantly over the past decade, reaching 72.9 billion dirhams in 2025. The figure represents an increase of 19.1% compared with the previous year and comes as the government prepares its 2027 Finance......