Economy
Spain’s unemployment rate increased slightly to 10.45 percent in the third quarter of 2025 as the dynamic services sector, heavily reliant on seasonal tourism and hospitality, shed jobs following the summer season. According to the National Statistics Institute, this figure represents a modest......
Foreign nationals living in Spain under the non-lucrative visa scheme, as well as new applicants seeking to relocate to the country, are facing questions over possible changes to the financial requirements for eligibility in 2026. This visa, which is popular among retirees and remote workers, allows......
Spanish authorities are reviewing a request to prolong the operation of the Almaraz nuclear power plant, originally scheduled to shut down in 2028. The proposal, submitted by energy firms Endesa, Iberdrola, and Naturgy, reflects renewed concerns over energy stability following a massive power outage......
Stellantis Maroc and Al Barid Bank have announced a strategic partnership to provide Moroccan professionals with accessible financing for micro-mobility vehicles, aiming to foster sustainable transportation and support local entrepreneurship. Unveiled on Thursday, the initiative offers professional......
The World Bank has released a report estimating that the cost to rebuild Syria is approximately $216 billion. This figure comes in the wake of over 13 years of turmoil, including a civil war, the emergence of the Islamic State, and an ongoing refugee crisis, all of which have severely damaged the nation’s......
Porsche AG has reported its first quarterly loss since becoming a publicly traded company, with an operating deficit of €967 million ($1.1 billion) for the third quarter of 2025. This dramatic downturn reflects the luxury automaker's costly strategic pivot on electric vehicles (EVs) and weak......
Morocco’s banking liquidity needs increased in August 2025 compared to the previous month, according to the Directorate of Studies and Financial Forecasts (DEPF). In response, Bank Al-Maghrib (BAM) raised the volume of its liquidity injections, reaching an average of 134.4 billion dirhams (MMDH)......
Morocco is undergoing a significant transformation in its approach to welfare and social protection, aiming to modernize its support systems while addressing long-standing economic and regional disparities. Central to this shift is the gradual reduction of the Compensation Fund, the country’s hallmark......
Approximately 1,000 new buses will be delivered between the end of October and early November as part of the first phase of the National Urban Public Transport by Bus Program (2025–2029), according to Younes El Kasmi, Governor and Director of Urban Mobility and Transport at......
The Moroccan government has set aside MAD 13.77 billion ($1.34 billion) in 2026 to subsidize essential goods, including butane gas, sugar, and soft wheat flour, according to the compensation fund report accompanying the 2026 Finance Bill. The funding aims to counter domestic production shortfalls caused......
The Moroccan civil service employed 576,062 workers in 2025, according to a recent human-resources report accompanying the 2026 budget bill. This figure represents the total number of budgeted posts for civilian personnel in the public sector. The report highlights a notable imbalance, with 90.1% of......
A total of 68,418 civil servants are expected to retire between 2025 and 2029, according to the Human Resources Report accompanying the 2026 Finance Bill. These retirements will mainly affect the Ministry of National Education (26,175), the Ministry of the Interior......
Moroccan airports welcomed more than 23.9 million passengers during the first eight months of 2025, marking an 11.7% increase compared to the same period in 2024, according to the Directorate of Studies and Financial Forecasts (DEPF). This growth was driven by an improvement......
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