Economy

The U.S. dollar rose by 0.48% against the Japanese yen this week following a surprising increase in wages in Japan. Japanese companies announced a 5.46% wage hike this year, which surpassed market expectations. With this increase, economic growth prospects in Japan were strengthened, boosting the Japanese currency against the dollar. …

During Ramadan, many people’s consumer habits change noticeably. Many head to the stores to buy food and drinks for their Ramadan tables, and commercial markets become crowded with people buying groceries, vegetables, fruits, and other products. However, a question many might ask is: Is this shopping a true necessity or …

Credit rating agency Standard & Poor’s (S&P) has upgraded Saudi Arabia’s credit rating for both local and foreign currencies to A+ with a stable outlook, reflecting the country’s ongoing progress in implementing Vision 2030. In its report, the agency explained that this positive assessment was driven by the continuous growth …

The U.S. Egg Producers Association announced on Friday that the U.S. government has reached out to Denmark and other European countries to discuss the possibility of exporting eggs to the United States due to soaring egg prices domestically. This request from the U.S. Department of Agriculture comes amid rising tariffs …

Morocco has announced the launch of a massive tender to develop natural gas infrastructure with an investment of $6 billion, as part of its strategy to enhance energy security and reduce reliance on traditional sources. Project Objectives Expanding the transportation and distribution network to meet growing demand. Building new storage …

Gold prices have hit a record high, surpassing $3,000 per ounce due to rising global economic concerns, including inflation and market instability. Reasons Behind the Gold Price Surge Global inflation surge, prompting investors to seek safe-haven assets. Market instability caused by geopolitical tensions and economic crises. Declining value of the …

Morocco has made remarkable progress in the 2025 Investment Freedom Index, outperforming several countries in the region. This success is attributed to economic reforms and an attractive investment environment that boosted foreign and local investments. Reasons Behind Morocco’s Progress Improved legal and regulatory framework, facilitating business operations and reducing administrative …

CIH Bank has reported significant profit growth in 2024, driven by expanded financial activities and a growing customer base. This performance reflects the bank’s successful strategy in enhancing digital banking services and meeting local and international market demands. Reasons Behind Profit GrowthSeveral factors contributed to this success: Expansion in mortgage …

Introduction: In response to U.S. tariffs on steel and aluminum, Canada has imposed retaliatory tariffs. These new tariffs target nearly $30 billion worth of U.S. products. This escalation in the trade dispute is expected to affect both economies and global trade. What Are Retaliatory Tariffs? Retaliatory tariffs are taxes that …

Trump Jr. Joins His Father’s Economic Agenda Since his father’s victory in the 2024 presidential election, Donald Trump Jr. has become one of the most prominent advocates of the “Make America Great Again” vision. He has invested in sectors that align with the new administration’s policies, according to the Financial …