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Economy
Moroccan Minister of Energy Transition and Sustainable Development, Leila Benali, has proclaimed that Morocco is on a determined path to emerge as a regional hub for renewable energy and strategic minerals. Her remarks came during the 4th edition of the Europe-Africa Forum held in Marseille, where Morocco......
BMCI is set to become the first bank in Morocco to receive a comprehensive €65 million Green Economy Financing Facility (GEFF) Plus package, marking the EBRD’s fifth partnership with the institution since Morocco became an investee economy in 2012. The European Bank for Reconstruction and......
Morocco has officially transitioned from “medium human development” to “high human development” status, as revealed in the 2025 Human Development Index (HDI) released by the United Nations Development Programme (UNDP). This significant milestone comes as the North African nation......
Morocco’s postal service and architects have joined forces to transform architectural practices through digital innovation. Barid Al-Maghrib (Poste du Maroc) and the National Council of the Order of Architects (CNOA) recently signed a pivotal partnership agreement aimed at advancing digitalization......
Spain has shown a notable improvement in its labor market indicators. According to the Ministry of Labor and Social Economy, unemployment has fallen to its lowest level since 2008. In April, the number of job seekers dropped by 2.6% compared to March, totaling 2,512,718 people. This positive shift is......
Spain’s tax agency has vehemently rejected allegations from a UK-US law firm, asserting that the Beckham Law constitutes a “tax trap” that unfairly exploits foreigners relocating to the country. The law firm, led by American-Canadian Robert Amsterdam, has faced significant backlash......
The recent theft of copper cables on Spain's railways has sparked chaos for countless train passengers, highlighting a troubling trend of rising crime. This article delves into the alarming frequency of such incidents, the motivations behind them, and the significant repercussions for Spain's......
In a landmark development for Moroccan aviation, Airbus is set to become a supplier for Royal Air Maroc (RAM), marking a significant departure from the airline's traditional reliance on Boeing and ATR. This partnership promises to reshape the national carrier's fleet and position it as a major......
Morocco’s unemployment rate has experienced a notable decrease of 0.4% in the first quarter of 2025, dropping from 13.7% to 13.3% compared to the same period last year, as reported by the Higher Commission for Planning (HCP). This improvement is attributed to the creation of 282,000 jobs, marking......
Oil prices dropped sharply after key OPEC+ members, including Saudi Arabia and Russia, announced an increase in production of 411,000 barrels per day for June. This follows a similar decision the previous month that had already triggered a decline in prices. The price of Brent crude dipped nearly four......
The business community's enthusiasm for President Donald Trump's second term has significantly diminished, particularly due to his tariff impositions. These tariffs, which affect nearly every country, have created uncertainty and the potential for a recession, prompting CEOs to urge the president......
The Australian government has pledged to fight "unequivocally" for its screen industry following United States President Donald Trump's recent announcement of a 100 percent tariff on films produced outside of the U.S. Home Affairs Minister Tony Burke expressed his commitment to safeguarding......
Morocco’s Agriculture Minister Ahmed El Bouari emphasized the significance of the Dakhla seawater desalination plant during his recent visit to the region. The minister characterized the project as innovative, environmentally sustainable, and socially inclusive. This initiative aims to establish......
