Economy

Morocco Approves Hydrogen Projects Worth $32.5 Billion

Morocco Approves Green Hydrogen Projects Worth $32.5 Billion A Moroccan government committee has approved several green hydrogen projects aimed at producing ammonia, steel, and industrial fuels, with a total investment of 319 billion dirhams (approximately $32.5 billion). In a statement issued Thursday evening, the Prime Minister’s office announced that the …

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China Warns: There Are No Winners in Any Trade War

Chinese Commerce Minister: China Will Not Surrender to Bullying, Economy Capable of Facing Trade Challenges On Thursday, Chinese Commerce Minister Wang Wentao stated that China will not “surrender to bullying” and that its economy is capable of handling the challenges, including the new tariffs imposed by U.S. President Donald Trump. …

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Eurozone Economy Growth Exceeds Expectations in 2024

Eurozone Economy Surpasses Expectations in 2024 Driven by Consumer Spending and Investments The Eurozone economy grew by more than initial expectations at the end of 2024, with a growth rate of 0.9%, surpassing the previously estimated 0.7%. This growth is attributed to increased consumer spending and business investments, at a …

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$11 Billion: World Bank Estimates Lebanon’s Recovery Needs

World Bank Estimates Lebanon’s Reconstruction and Recovery Needs at $11 Billion After Conflict The World Bank has estimated Lebanon’s needs for reconstruction and recovery following the recent conflict at around $11 billion, according to the Rapid Damage and Needs Assessment (RDNA) report for Lebanon in 2025. The report, which covers …

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Smotrich in the U.S. and Agrees to Strengthen Economic Cooperation

Enhancing Economic Cooperation Between the United States and Israel in a Meeting Between the U.S. Treasury Secretary and Israeli Finance Minister The U.S. Treasury Department announced that Treasury Secretary Scott Pisin met with Israeli Finance Minister Bezalel Smotrich on Wednesday, where they agreed to enhance dialogue and cooperation between the …

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Gas Leak in Joint Senegal-Mauritania Project Sparks Controversy

Grand Tortue Ahmeyim LNG Project Faces Environmental and Economic Concerns After Gas Emissions Detection The Grand Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, a joint venture between Senegal and Mauritania, has experienced an unexpected development after British Petroleum (BP), the operator of the project, announced the detection of gas …

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