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Economy



Cadiz port resumes maritime connection with Morocco after 11 years

The Port of Cadiz has reestablished regular maritime connections with Morocco after an 11-year hiatus, a major step in revitalizing cross-strait trade and cooperation. This milestone marks a turning point in the port's strategic expansion plan, which aims to strengthen ties with both Morocco and......

US official highlights investment opportunities in Morocco’s Sahara

Morocco’s Sahara region is emerging as a hub for American investment, with significant opportunities across key sectors, according to Gerard Philippeaux, Executive Director of the International Trade Coalition of Miami-Dade County. Speaking after a meeting with a Moroccan economic delegation in......

Belgian embassy celebrates a century of Belgian-Luxembourg chamber of commerce in Morocco

The Belgian Embassy in Rabat hosted a gala event on Thursday to commemorate the 100th anniversary of the Belgian-Luxembourg Chamber of Commerce in Morocco (CCBLM). The event celebrated a century of economic cooperation, mutual ambition, and strong ties between Morocco, Belgium, and Luxembourg. Held......

Bourita calls on Belgian investors to explore opportunities in Morocco's southern provinces

Morocco’s Minister of Foreign Affairs, Nasser Bourita, has urged Belgian businesses to seize investment opportunities in Morocco’s southern provinces, emphasizing the region’s potential as a hub for development and cooperation within Africa. Speaking at a joint press conference with......

Belgium blocks €140 billion EU loan for Ukraine over frozen Russian assets

Belgium has unilaterally blocked a proposed €140 billion European Union loan for Ukraine, guaranteed by frozen Russian central bank assets. The move, led by Belgian Prime Minister Bart De Wever, has forced EU leaders to postpone a final decision until December, jeopardizing Ukraine’s urgent......

Morocco launches major maintenance hub for F-16 and C-130 aircraft

Morocco has taken a significant step in strengthening its aerospace infrastructure with the start of construction on a new heavy maintenance hangar for F-16 and C-130 aircraft at Benslimane Airport. The initiative, led by Maintenance Aero Maroc (MAM), marks a new phase in the country’s ambition......

Morocco sets new record with 745,000 tons of tomato exports, ranks third globally

Morocco has achieved a historic milestone in its agricultural sector, exporting 745,000 tons of tomatoes during the 2024/25 season, a record-breaking figure despite challenges posed by drought and labor shortages. This achievement solidifies Morocco’s position as the third-largest tomato exporter......

ExxonMobil explores selling UK and Belgian chemical plants in $1 billion deal

ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......

DP World launches new maritime route linking Morocco to Northern Europe

DP World, the Dubai-based global port operator, has announced the launch of a new maritime route connecting Morocco with the United Kingdom and Northern Europe. The service, named "Atlas," is set to reshape trade logistics between the regions by offering faster, eco-friendly transportation......

Morocco strengthens role as a key fertilizer supplier to India

Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......

Morocco and France work to safeguard banking links under new EU regulations

Morocco and France are advancing toward a landmark agreement to protect Moroccan banks operating within Europe from the stringent effects of the European Union’s Capital Requirements Directive VI (CRD VI). The directive, a key part of the EU’s efforts to tighten financial regulations, limits......

Morocco’s returnees: A surge of opportunity and identity

Remittances from Moroccans residing abroad accounted for nearly a tenth of the country’s GDP At 5 a.m., Joulya Azmi zipped her suitcase shut for the last time in Bordeaux, France. The Franco-Moroccan nurse had spent nine years in France—slogging through night shifts, dodging microaggressions,......

Surge in copper theft disrupts Spain's railways: Unraveling the crisis

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......

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