Economy
Recent statistics reveal that Morocco's tomato exports to Norway have reached a remarkable milestone, with 5,000 metric tons shipped from July 2024 to March 2025. This figure marks a significant 37.9% increase compared to the same timeframe last season, according to data from EastFruit. The total......
Morocco is stepping up its efforts to deepen trade relations with Egypt. From May 3 to 5, a high-level Moroccan economic delegation, comprising both institutional representatives and private sector leaders, is on an official visit to Cairo. The aim is to boost bilateral relations and enhance commercial......
Morocco's trade deficit has surged dramatically in the first quarter of 2025, reaching MAD 71.63 billion ($7.1 billion), marking a 16.9% increase compared to the same period last year. This troubling statistic, released by the Office des Changes, underscores a significant imbalance in the country's......
British mining company Emmerson Plc has taken a significant legal step by filing a formal request for arbitration on May 1 before the International Center for Settlement of Investment Disputes (ICSID). The firm alleges that Morocco has unlawfully expropriated its potash project located in Khemisset. Valued......
Morocco's Minister of Transport and Logistics, Abdessamad Kayouh, has recently unveiled a comprehensive reform plan aimed at modernizing the nation’s transport sector. This initiative is centered on improving public safety, upgrading infrastructure, and enhancing service quality across diverse......
The Moroccan government has unveiled a bold new initiative aimed at improving job prospects for youth lacking formal qualifications. This groundbreaking program marks a significant shift in employment strategies, focusing on inclusion and practical support for a demographic that has often been overlooked. In......
The head of Spain's electricity operator has recently sought to alleviate fears stemming from a report warning of substantial risks of power outages associated with the country's increased reliance on renewable energy sources. On a recent Monday, Spain and Portugal experienced one of the most......
The United States has proactively approached China regarding discussions over President Donald Trump's significant 145% tariffs, according to a recent post from a social media account linked to Chinese state media. This development may indicate Beijing's willingness to consider negotiations. The......
President Donald Trump is urging patience as he faces the fallout from a first-quarter economic contraction, alongside tariffs that have dented his popularity. In a recent address, he expressed optimism about an imminent resurgence in the U.S. economy. The U.S. Commerce Department's advance gross......
Spain has expressed profound gratitude to Morocco for its significant assistance in resolving the massive blackout that recently afflicted the country, impacting tens of millions across the Iberian Peninsula. In a week marked by widespread disruption to businesses, hospitals, transit systems, and cellular......
Beatriz Corredor, president of Red Eléctrica (REE), took nearly 48 hours to provide explanations regarding the significant blackout that occurred on Monday, despite her role overseeing the company responsible for energy transport and distribution in Spain. However, she chose to speak not in front......
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......
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