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Economy



India offers major tariff cut to fast-track trade deal with Trump

In a significant move to finalize a trade agreement with the United States, India has proposed cutting the average tariff gap between the two countries to under 4%, down from nearly 13%, according to sources familiar with the negotiations. This would be a reduction of approximately 9 percentage points......

Morocco and Japan strengthen fisheries collaboration for sustainable growth

Morocco’s Secretary of State in charge of Maritime Fisheries, Zakia Driouich, convened with Japan’s Ambassador to Morocco, Nakata Masahiro, on Tuesday in Rabat to deliberate on enhancing bilateral cooperation within the fisheries sector. This meeting underscored a mutual commitment to deepen......

Morocco aims for stronger Arab representation in ICAO Council

In a significant move for regional aviation, the Arab Civil Aviation Organization (ACAO) has officially endorsed Morocco, among other Arab nations, as candidates for the International Civil Aviation Organization (ICAO) Council. This decision, made during an extraordinary general assembly in Rabat, also......

Morocco enhances trade relations with the UK during London summit

The British government has reaffirmed its commitment to strengthening ties with Morocco during the recent Morocco Capital Markets Days conference held in London’s financial district. Ben Coleman, the UK’s Trade Envoy to Morocco and West Africa, representing Prime Minister Keir Starmer, characterized......

US and UK forge historic trade deal slashing tariffs on steel and cars

US President Donald Trump and UK Prime Minister Keir Starmer have announced a historic trade agreement aimed at reducing tariffs between the two countries. The deal, which marks the first significant announcement since Trump reignited a global trade war in January, will result in the reduction of tariffs......

Morocco and Russia strengthen halal trade ties through new agreements

Morocco and Russia are forging stronger connections in the halal industry via new certification agreements, signaling a significant step in their bilateral trade relations. Tatarstan’s Committee for Halal Standards, part of the Spiritual Administration of Muslims, is seeking accreditation in Morocco......

Fortescue's ambitious clean power plans in Morocco

A new report suggests that Fortescue, the UK-based firm led by Andrew Forrest, is pursuing a transformative power link project aimed at connecting Europe and North Africa. This initiative, detailed by the Telegraph, could see Morocco emerge as a crucial hub for the transmission of clean energy. The......

Why more Americans are moving to Spain under the Beckham Law

A growing number of Americans are choosing to make Spain their home, with the country’s Beckham Law serving as a key incentive despite recent controversies. According to Spain's National Statistics Institute (INE), the number of U.S. citizens residing in Spain surged from 40,159 in 2022 to......

Spain invests €340 million in Casablanca desalination project

Spain has committed €340 million (approximately MAD 3.65 billion) to construct Africa’s largest desalination plant in Casablanca, a significant move aimed at addressing the region's water scarcity challenges. This financial agreement was formalized during a ceremony attended by Spain’s......

UAE invests in Morocco-Nigeria gas pipeline project

Following interest from the United States, the United Arab Emirates is reportedly set to co-fund a monumental $25 billion initiative to construct the Morocco-Nigeria gas pipeline. This ambitious project aims to enhance energy cooperation across Africa and establish Morocco as a pivotal regional hub for......

New Jet2 flights revive tourism in Jerez de la Frontera, Spain

In a promising development for Spain's sherry capital, Jet2 has announced new flight routes connecting the southern city of Jerez de la Frontera with three major British cities: Birmingham, Manchester, and Leeds. This initiative, effective from May through October 31, 2025, marks a significant step......

Spain's foreign property ownership debate intensifies in tourist hotspots

Spain’s right-wing parties have recently dismissed a proposal aimed at limiting foreign property ownership in the Balearic and Canary Islands. This initiative, which was discussed in both the Congress and Senate, was branded “xenophobic” by members of Vox, who joined forces with the......

Casablanca's smart city summit 2025: a vision for sustainable urban development

Casablanca is set to welcome innovators, decision-makers, and urban visionaries from across Morocco and Africa on May 21–22, as the city hosts the long-awaited 9th edition of Casablanca Smart City. This event stands as a testament to the city’s growing role in shaping the urban future of......

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