Economy
Royal Jordanian Airlines is set to introduce direct flights between Amman and Casablanca starting mid-October, marking a significant milestone in strengthening ties between Jordan and Morocco. The new route was announced by Jordanian Ambassador to Morocco, Jumana Ghunaimat, who highlighted its importance......
The challenges of being self-employed in Spain extend far beyond managing day-to-day business operations. For autónomos, retirement pensions represent another significant hurdle, as they receive markedly less than their salaried counterparts, despite contributing a similar percentage of their......
Immigration in Spain has become a polarizing topic in recent years, fueled by political rhetoric and sensationalized narratives. However, mounting evidence from economic studies debunks claims that immigrants take jobs from Spaniards or depress wages, challenging widespread misconceptions. The rise......
Italy’s government has approved a groundbreaking €13.5 billion ($15.6 billion) project to construct the world’s longest suspension bridge, connecting the island of Sicily to the mainland across the Strait of Messina. The ambitious state-funded project, which has been debated for decades,......
Dubai-based energy firm AMEA Power has announced its involvement in the second phase of Morocco’s Agadir seawater desalination project, a transformative effort set to make the facility one of Africa’s largest water treatment plants. This expansion will boost the plant’s capacity to......
The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......
Morocco’s unemployment rate fell to 12.8% in the second quarter of 2025, down from 13.1% during the same period last year, according to figures released by the High Commission for Planning (HCP). This marks the first decline after several quarters of rising unemployment, driven largely by job creation......
Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......
Chinese automotive interior materials manufacturer Kuntai has announced plans to establish a $13.7 million production facility in Morocco. The investment, led by its subsidiary Kuntai Hongjing Co Ltd, marks a significant step in the company’s international expansion strategy. Integrated production......
More than 3,200 union workers responsible for assembling Boeing fighter jets in the St. Louis area and Illinois initiated a strike on Monday after rejecting a revised contract proposal. This marks the second rejection in just over a week. Boeing's response and contingency measures Boeing Defense......
The Casablanca Stock Exchange recorded a positive performance for the week of July 28 to August 1, 2025. The MASI, the market’s main index, rose by 0.85% to close at 19,570.63 points. The MASI 20, which reflects the performance of the 20 most liquid stocks, gained 0.92% to 1,609.11 points. Meanwhile,......
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