Economy
Saudi Arabia has implemented a new classification system for expatriate work permits, aiming to enhance labor market efficiency, attract international talent, and align with the Kingdom’s Vision 2030 objectives. The initiative, announced by Minister of Human Resources and Social Development Ahmed......
Rooted in the cultural values of Morocco and shaped by professional experiences abroad, a call for institutional reform and the prioritization of human dignity has emerged as the cornerstone of sustainable development. The philosophy of “the right person in the right place” is often heralded......
Spain's free train and bus travel program, which began over three years ago, officially ends today. Starting July 1st, 2025, commuters will transition to a new system of discounted fares and passes as the government rolls out revised public transport rates. The end of free travel Introduced during......
The OCP Foundation marked International Cooperatives Day by reflecting on its decade-long efforts to strengthen rural communities through cooperative development. Operating across 12 regions in Morocco and nine countries in the Global South, the Moroccan organization focuses on empowering farmers and......
Renault’s Tangier factory marked a major milestone on Friday with the production of the 2,000th Mobilize DUO, Morocco’s first fully electric quadricycle. This innovative vehicle, tailored for urban mobility, represents a significant step forward in Morocco’s transition to sustainable......
Morocco’s industrial production surged in May 2025, signaling robust growth across most sectors, according to Bank Al Maghrib’s latest monthly industry survey. Factories operated at 78% capacity during the month, reflecting strong demand for manufactured goods. Growth across industries,......
Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), Morocco’s Central Bank, emphasized the importance of international collaboration in advancing Islamic finance during the 23rd Forum on Islamic Financial Stability held in Rabat. The event, organized by BAM and the Islamic Financial Services......
Morocco's National Airport Authority (ONDA) has initiated a strategic restructuring of its leadership to propel its ambitious "Airports 2030" plan, aimed at modernizing the nation’s airport infrastructure to meet international standards. Leadership restructuring to drive transformation ONDA......
Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......
A wholesaler in Dordogne, France, has been handed a one-year suspended sentence and a €50,000 fine for falsely labeling imported fruits as French products. The fruits, primarily sourced from Morocco, Portugal, and the Netherlands, included raspberries, blueberries, blackberries, chestnuts, and kiwis,......
Donald Trump revealed on Wednesday that he has reached a trade agreement with Vietnam, under which American products will be exempt from tariffs, while Vietnamese exports to the U.S. will face a minimum 20% surcharge. Trump stated that all goods imported from Vietnam will be subject to a 20% tariff......
ENGIE North Africa has announced the appointment of Rik De Buyserie as its new Chief Executive Officer, succeeding Loïc Jaegert-Huber. The leadership change signals a strategic pivot toward advancing sustainable energy solutions across the region. A vision for energy transformation De Buyserie,......
In May, Brazil recorded its second-highest monthly export of live cattle ever, shipping over 111,000 heads and generating nearly 105 million dollars in revenue. Morocco stood as the third-largest importer, purchasing more than 14,000 heads valued at over 16 million dollars, primarily sourced from the......
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