Keywords: Global


Oil prices drop following unexpected OPEC+ output increase

Oil prices dropped sharply after key OPEC+ members, including Saudi Arabia and Russia, announced an increase in production of 411,000 barrels per day for June. This follows a similar decision the previous month that had already triggered a decline in prices. The price of Brent crude dipped nearly four......

Morocco's tomato exports to Norway soar to 5,000 metric tons

Recent statistics reveal that Morocco's tomato exports to Norway have reached a remarkable milestone, with 5,000 metric tons shipped from July 2024 to March 2025. This figure marks a significant 37.9% increase compared to the same timeframe last season, according to data from EastFruit. The total......

Thousands gather to bid farewell to Pope Francis at solemn funeral

In a poignant tribute, up to 200,000 mourners are expected to fill St. Peter's Square as the world pays its final respects to Pope Francis, who will be laid to rest in a simple underground tomb at St. Mary Major Basilica, in accordance with his wishes. The ceremony commenced with Cardinal Giovanni......

Rabat to host second edition of the feminist conference

The association for the promotion of the culture of equality (APCE) is set to hold the second edition of the feminist conference on May 17 in Rabat, focusing on the central theme: “Violence and economic inequalities: understanding, analyzing, acting.” Following a first edition dedicated......

CAF and AGL Transportation partner for major tournaments in Morocco

The Confederation of African Football (CAF) has formalized a partnership with Africa Global Logistics (AGL) to facilitate transportation services during two significant sporting events. This collaboration positions AGL as the official logistics partner for the 2025 Africa Cup of Nations and the 2025......

Pistachio shortage: How Dubai's chocolate has disrupted the market

A viral video has dramatically altered the global pistachio market. The now-famous "Dubai chocolate," launched in 2021 by the Emirati brand FIX, has become a coveted product worldwide following a stunning feature on TikTok at the end of 2023. Since then, demand has surged, prices have skyrocketed,......

Global oil demand forecast lowered by IEA amid trade tensions

The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2025, citing "escalating trade tensions" linked to U.S. tariffs. After a period of relative calm, global oil markets have been shaken by a wave of tariff announcements in early April, according to the......

Casablanca secures position as top financial hub in MENA region

Casablanca continues to solidify its standing as one of the leading financial capitals in the Middle East and North Africa region, maintaining its third-place ranking among regional financial centers for 2024, according to the Global Financial Centres Index (GFCI) report. On the international stage,......

Morocco's Banking Liquidity Deficit Increases by 21.9%

The liquidity deficit in Morocco’s banking system has surged by 21.9%, reaching MAD 168.3 billion during the week of April 3 to 9. This significant rise highlights tightening conditions within the money market. According to BMCE Capital Global Research (BKGR), the deficit’s increase follows......