Economy
The Spanish government has unveiled a draft bill aimed at curbing speculation in the housing market through a series of fiscal measures, notably introducing a 'supertax' targeting non-EU non-resident property buyers. This legislation seeks to address the pressing challenges of rising rental costs......
Morocco has secured a spot in the top 10 African startup ecosystems, according to the latest Global Startup Ecosystem Index 2025 from American consulting firm StartupBlink. The ranking shows progress for the North African country, but also reveals barriers that still limit growth. Morocco recorded the......
In a global landscape marked by economic and geopolitical uncertainty, gold has emerged as a pivotal strategic asset for many nations. Traditionally regarded as a safe haven, this precious metal plays a fundamental role in the financial stability of countries. Gold reserves enable central banks to support......
If you are a non-resident in Spain, there are specific services and rights available to you, as well as limitations. This article explores the intricacies of non-residency, helping you navigate the decision of whether to remain a non-resident or transition to residency. Being a non-resident in Spain......
Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......
US President Donald Trump has unveiled plans to significantly increase tariffs on imports from the European Union and on products from tech giant Apple. In a post on Truth Social, Trump announced a recommendation for a 50% tariff on goods from the EU, set to take effect on June 1. He expressed dissatisfaction......
Critical Mineral Resources (CMR) has entered into a joint venture agreement to acquire a 60% interest in a promising copper-silver project located in central Morocco. This initiative is bolstered by a substantial investment of £1.33 million aimed at expediting the development of the site, which......
Morocco’s Minister of Agriculture, Ahmed Bouari, recently unveiled a comprehensive national program designed to rejuvenate the country's livestock sector, which has suffered from ongoing drought and climate variability. This initiative represents a significant governmental effort to support......
Morocco’s National Office of Electricity and Drinking Water (ONEE) has announced a significant €300 million financing package aimed at modernizing and extending the national electricity transport network. This funding, provided by the European Investment Bank (EIB), the German Development......
Morocco and the African Development Bank are strengthening their strategic collaboration to accelerate key development initiatives through an ambitious portfolio review of €2.9 billion in structural investments. This review aims to optimize the effectiveness of 32 ongoing projects while ensuring......
The Moroccan Government Council recently reviewed two pivotal cooperation agreements signed with Saudi Arabia, signifying a significant advancement in judicial collaboration between the two nations. Signed on November 13, 2024, in Riyadh, these agreements were presented by Morocco’s Minister of......
Morocco has unveiled a bold plan to more than double its power generation capacity by 2030, aligning energy goals with its upcoming role as co-host of the FIFA World Cup. The move signals a strategic pivot toward renewables as the country targets energy independence and sustainability. Energy Transition......
Nigerian President Bola Tinubu has prioritized the $25 billion Nigeria-Morocco gas pipeline as a cornerstone of his administration's initiatives. Senator Jimoh Ibrahim announced this commitment during an executive session of the African Parliament Union held in Casablanca. The ambitious infrastructure......
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