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Economy
Morocco has made significant strides over the past 25 years in modernizing its infrastructure and diversifying its economy, as highlighted in a recent article by the Spanish financial daily, El Mundo Financiero. In its examination of "Morocco's industrial revolution," the publication emphasizes......
Russia is currently in discussions to renew its maritime fishing agreement with Morocco, which lapsed last December after four years of cooperation. Moscow aims to reinstate its fishing fleet's operations off the Moroccan coast, focusing on species such as sardines, sardinella, mackerel, and anchovies. Ilya......
As living costs soar across Spain, a new study highlights cities where residents can still save money effectively. The report reveals surprising findings about the most favorable locations for saving, despite the ongoing economic pressures. The rising cost of living, particularly in the housing market,......
Spain's tax agency has unveiled an ambitious new plan aimed at scrutinizing individuals whose visible wealth does not align with their reported income. This initiative is part of the Spanish Tax Agency's (AEAT) Tax Control Plan for 2025, which emphasizes the investigation of taxpayers showing......
Morocco is emerging as a key player in African trade and development, showcasing its strength across several strategic sectors, according to the Economic Commission for Africa (ECA). In its Economic Report on Africa 2025, released during the 57th session of the ECA-UN (March 12-18 in Addis Ababa), the......
The United Nations Economic Commission for Africa (UNECA) has highlighted Morocco's potential to significantly contribute to the economic integration of Africa through its robust fiscal policies and strategic infrastructure investments. In a tweet following a meeting on Monday between Riyad Mezzour,......
Morocco’s tax authority, La Direction Générale des Impôts (DGI), has issued a statement urging businesses to electronically submit their declarations for the year 2024 by April 1, 2025. This initiative emphasizes the importance of compliance, particularly for companies with......
Remittances from Spain to Morocco have nearly doubled over the past decade, establishing Morocco as the second-largest recipient of funds transferred from the European nation. Recent data from the Bank of Spain, analyzed by The Objective, reveals that in 2023, remittances to Morocco reached €1.375......
According to official figures released on Monday in Madrid, Moroccans residing in Spain hold the top position among foreign workers affiliated with the social security system. As of the end of February 2025, the total number of Moroccans contributing to Spain's social security reached 350,433, making......
Morocco remains steadfast in its support for the African Continental Free Trade Area (AfCFTA), reaffirmed by Minister of Industry and Trade, Ryad Mezzour, during the 57th session of the Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development......
During the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development held in Addis Ababa, Moroccan Minister of Industry and Commerce, Riyad Mezzour, reaffirmed Morocco's unwavering commitment to the......
The rental market in Barcelona has experienced a 6.4% decrease in prices one year after the implementation of rent control measures aimed at areas with high demand. Across other regions in Catalonia, where the same measures apply, the reduction stands at 3.7%. Despite these positive results, Sílvia......
Economic relations between Morocco and Russia have witnessed significant progress in recent years, marked by increasing Russian investments in Morocco’s agricultural sector. This expansion signals a new phase in the strategic partnership between the two nations. However, cooperation between Morocco......
