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Economy



Elites under scrutiny: wealth concentration fuels public discontent

The growing influence and wealth of global elites have become a focal point of public frustration, straining the social fabric amid rising inequality. This tension manifests across continents, with economic disparities and elite dominance reshaping political and cultural landscapes. Elite universities......

Barcelona airport to undergo €3.2 billion expansion to boost global connectivity

Spain’s airport operator Aena has received approval from the Catalan government to move forward with a €3.2 billion expansion of Josep Tarradellas Barcelona-El Prat Airport. The project, announced by Catalonia’s socialist president Salvador Illa, is set to transform the airport into......

Royal Air Maroc nears major Boeing deal with Airbus entry after 25 years

Royal Air Maroc (RAM) is preparing to modernize and expand its fleet through a substantial deal with Boeing and a smaller order with Airbus, marking a transformative step for Morocco's national carrier. Boeing leads negotiations; Airbus returns after decades According to industry sources cited......

France and Morocco deepen energy ties with ambitious partnership

Morocco and France have taken a significant step forward in their energy collaboration, with high-level talks in Paris focusing on renewable energy, electrical interconnection, and low-carbon transitions. Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, met with......

Spain boosts imports of Moroccan fruits and vegetables by 24% in Q1 2025

Spain imported 188,076 tons of fruits and vegetables from Morocco during the first quarter of 2025, spending a total of €481 million. This marks a 24% increase in volume and a 23% rise in value compared to the same period last year, according to data from the agriculture-focused platform FreshPlaza. Steady......

Air Nostrum expands summer routes between Spain and Morocco

Iberia’s regional airline boosts flights connecting Málaga, Tangier, and Casablanca Air Nostrum, the regional franchise of Iberia, has expanded its summer network with new routes linking Spain and Morocco. The airline now offers regular flights between Málaga and two major Moroccan......

Trump Doubles Tariffs on Steel and Aluminum to 50 amid Growing Trade Tensions

U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......

Ryanair warns of significant flight delays in Spain this summer

Low-cost airline Ryanair has raised alarms regarding a potential increase of up to 20% in flight delays for routes to and from Spain during the upcoming summer months. The airline attributes this worrying forecast to a shortage of air traffic controllers (ATCs) within the country. The airline has publicly......

Morocco's floating dirham: safeguarding remittances and economic stability

Morocco is poised to transition to a floating exchange rate regime in 2026, a move that underscores the critical role of its diaspora in maintaining economic stability. With over five million Moroccans living abroad, remittances have become a cornerstone of the national economy, reaching MAD 117.7 billion......

French retail group Casino to expand with 210 stores in Morocco by 2035

The signing of the partnership French retail group Casino and Moroccan multi-sector company H&S Invest Holding announced on Monday a new partnership to bring Casino’s brands to Morocco. The first stores are expected to open in 2026. The two companies stated that the goal is to open more than......

Morocco advocates for strengthened global animal health action

Morocco has made a compelling case for enhanced collective action in support of global animal health during the 92nd General Assembly of the World Organisation for Animal Health (OIE), held from May 25 to 29 at the Maison de la Chimie in Paris. Speaking at this significant assembly, Ahmed El Bouari,......

Morocco emerges as a key player in automotive manufacturing

French newspaper “Le Dauphiné libéré” has hailed Morocco as “the new Eldorado” for automotive manufacturers, highlighting the country's burgeoning automotive sector as a vital pillar of its economy and the leading export industry. Morocco has successfully......

Morocco ranks fourth globally for Schengen visa applications in 2024

Morocco has secured the fourth position worldwide for Schengen visa applications in 2024, following only China, India, and Turkey in the global ranking, according to recent data. SchengenVisaInfo reveals that 11,716,723 Schengen visa applications were submitted to EU countries in 2024, marking a 13.5%......

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