The Spanish government has issued an official request for critical information from electric companies concerning the massive blackout that occurred on Monday. President Pedro Sánchez has publicly highlighted these companies, particularly focusing on the private operators, amidst concerns over......
Morocco plays a crucial role in two specific segments of the global barite market, both closely monitored through monthly reports by Fastmarkets. The first and more valuable segment involves raw, unprocessed barite with a specific gravity of 4.2, typically sold in bulk. This high-quality barite meets......
Morocco showcased its economic strengths and investment opportunities during the “Morocco Now” conference held on Tuesday in Madrid. The event, themed “Investing together for a sustainable and shared future,” attracted major economic players from both Morocco and Spain. It aimed......
A total of 80 companies in Catalonia have reached out to the Generalitat's Agency for Business Competitiveness (ACCIÓ) for advice following the announcement of the Pla Responem, a plan to counter the tariff war initiated by U.S. President Donald Trump. The agency, which operates under the......
New data reveals that American nationals are paying significantly more for homes in Spain than most other foreigners, with the second half of 2024 witnessing a remarkable surge in property prices. This trend has sparked concerns about the ongoing housing crisis in the country, which has been identified......
The Tanger Med Port concluded the 2024 fiscal year with an impressive revenue of MAD 11.23 billion ($1.212 billion), reflecting a robust increase of 12.3% compared to the previous year. This prominent Moroccan port has established itself as a pivotal regional hub, facilitating significant national imports......
Morocco’s Direct Housing Support Program has successfully reached 48,000 beneficiaries since its inception on January 2, 2024. The program has secured funding totaling MAD 3.8 billion (approximately $380 million), according to Fatima Zahra El Mansouri, Minister of National Territory Planning, Urban......
British banking giant Standard Chartered has officially inaugurated its new branch in Casablanca's Casa Anfa business district, marking a significant milestone in its African strategy. The legal registration with the Casablanca Commercial Court, dated April 25, 2025, underscores the bank's commitment......
Morocco's military spending has seen a notable increase of 2.6% in 2024, amounting to $5.5 billion. This growth is largely attributed to an enhanced personnel budget for the Royal Armed Forces (FAR) and aligns with a broader global trend, where military expenditures have surged by 9.4% compared to......
The tariff policies imposed by the United States have long had a significant impact on international trade, influencing both partner economies and diplomatic relations. In recent years, U.S. trade policy has shifted towards tariff hikes, economic sanctions, and a clear intention to protect domestic industries......
Morocco’s journey in energy transition appears to be on track, as the country’s energy efficiency approach is projected to yield energy savings of 20% by 2030. The Moroccan Energy Investment Company (SIE) has recently launched a call for interest aimed at selecting industrial companies that......
A new architectural landmark for Morocco La tour Mohammed VI, soon to be inaugurated, is poised to claim its place as the tallest building on the African continent. Rising majestically along the banks of the Bouregreg River, this striking structure will not only transform the Rabat–Salé......
The Minister of Foreign Affairs, African Cooperation and Moroccans Abroad, Mr. Nasser Bourita, met on Monday, April 28, 2025, in Rabat, with Mr. Ville Tavio, the Minister of Foreign Trade and Development of Finland. Mr. Tavio is visiting Morocco from April 28 to 30, accompanied by a delegation of businesses......
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