GCC summit

Qatar Increases its Profile with Investment & Job Creation Pledges in Arab World

Qatar Sunday pledged to invest $50 million in the Middle East countries, with youth being the main target, in a move to increase its profile at a time it is boycotted by major powers in the region. The pledge was announced by Qatar’s Finance Minister Ali al-Emadi at the Arab Economic and Social Development Summit […]

Aeronautics: Safran Commits to Support Morocco’s Aerospace Ecosystem

Safran group, a leader in aircraft equipment manufacturing, has pledged to support and develop further Morocco’s aerospace industry ecosystem which continues to attract foreign investment. Under an agreement signed Wednesday with the Moroccan government, the French company, which designs, develops and manufactures aircraft engines & rocket engines, pledges to support its local suppliers and service […]

Moroccan household purchasing power improves 5.1 Points in 2024 amid moderate inflation

Moroccan household purchasing power improved 5.1 points in 2024 compared to 1.8 points in 2023, according to the High Commission for Planning. The enhancement follows consumer price index evolution of just 0.9 percent reached in 2024, significantly below previous years. Household gross disposable income recorded 6.7 percent growth to reach 1,059.7 billion dirhams in 2024, […]