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Tag: OIL PRICES

Business / economics

IMF Approves $496 Million in Funding to Support Morocco’s Economic Resilience

March 18, 2025March 18, 2025 - by Ravi Patel - Leave a Comment

The IMF has released $496 million in funding for Morocco, emphasizing the country’s economic resilience amidst challenges. The funding follows the successful completion of the third review of the Resilience …

IMF Approves $496 Million in Funding to Support Morocco’s Economic Resilience Read More
Business / economics

Bank Al-Maghrib Reports Significant Inflation Slowdown in Morocco for 2024

March 18, 2025March 18, 2025 - by Aisha Khoury - Leave a Comment

In 2024, Morocco’s inflation slowed significantly to an average of 0.9%. It is projected to rise to moderate levels of around 2% over the next two years. Core inflation was …

Bank Al-Maghrib Reports Significant Inflation Slowdown in Morocco for 2024 Read More
Business / Companies / economics

Morocco Lowers Key Interest Rate to Support Economic Growth and Stability

March 18, 2025March 18, 2025 - by Victor Santos - Leave a Comment

The Central Bank of Morocco has lowered its key interest rate to 2.25%, matching rates from 2022. Despite an increase in inflation to 2%, projections indicate it will stabilize around …

Morocco Lowers Key Interest Rate to Support Economic Growth and Stability Read More
economics

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Growth

March 18, 2025March 18, 2025 - by Aisha Khoury - Leave a Comment

Morocco’s central bank has cut its benchmark interest rate to 2.25%, the second reduction in succession, aimed at stimulating growth and job creation. While inflation is expected to remain moderate …

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Growth Read More
economics

Oil Prices Rise Amid Middle East Instability and China’s Economic Stimulus

March 18, 2025March 18, 2025 - by Ravi Patel - Leave a Comment

Oil prices rose slightly due to Middle East instability and China’s stimulus plans, despite global growth concerns. Brent crude increased to $71.24, while U.S. crude reached $67.72. Analysts noted positive …

Oil Prices Rise Amid Middle East Instability and China’s Economic Stimulus Read More
Politics

Oil Prices Increase Amid Global Tensions and Economic Stimulus

March 18, 2025March 18, 2025 - by Aisha Khoury - Leave a Comment

Oil prices increased on Tuesday, bolstered by Middle Eastern tensions and China’s economic stimulus, despite global growth concerns. Brent crude reached $71.43 per barrel while U.S. West Texas Intermediate hit …

Oil Prices Increase Amid Global Tensions and Economic Stimulus Read More
Companies

Ivory Coast’s Gold Production Expected to Hit Record High in 2025

March 18, 2025 - by Liam O'Sullivan - Leave a Comment

Ivory Coast’s gold output is anticipated to reach a record high this year, with the Lafigue mine contributing significantly. The total production is expected to rise to 62 metric tons …

Ivory Coast’s Gold Production Expected to Hit Record High in 2025 Read More
Business / economics

Indian Rupee Achieves Longest Winning Streak Amid Dollar Weakness

March 18, 2025March 18, 2025 - by Victor Santos - Leave a Comment

The Indian Rupee has strengthened against the US Dollar, closing at 86.57, marking the longest winning streak in six months. Despite selling by foreign investors, the trade deficit has decreased …

Indian Rupee Achieves Longest Winning Streak Amid Dollar Weakness Read More
Business / Companies

Mali’s Gold Production Declines Significantly Amidst Government Disputes

March 18, 2025March 18, 2025 - by Victor Santos - Leave a Comment

Mali’s gold production fell by 23% in 2024, decreasing from 66.5 tons to 51 tons. This reduction is attributed to a dispute between Barrick Gold and the Mali government, coupled …

Mali’s Gold Production Declines Significantly Amidst Government Disputes Read More
Business / Technology

Gold Prices in Egypt Surge Significantly on Monday

March 18, 2025March 18, 2025 - by Ravi Patel - Leave a Comment

On Monday, gold prices in Egypt increased significantly across all karat types, with 24-karat gold hitting EGP 4,811.5 for buying and EGP 4,840 for selling. The prices for lower karats …

Gold Prices in Egypt Surge Significantly on Monday Read More

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