Economy
In a significant move towards sustainable development, the France Development Agency (AFD) and Morocco’s leading fertilizer producer, OCP, have solidified their collaboration by signing a €350 million financing agreement aimed at bolstering OCP’s ambitious green investment program. This......
The general director of the France Development Agency (AFD), Rémy Rioux, has underscored the significance of development projects in Morocco’s southern provinces, particularly in Laayoune and Dakhla. During his recent visit, Rioux affirmed that these regions warrant increased investment......
Donald Trump's threat to impose tariffs on foreign-made films has sparked tensions between the European and American film industries, overshadowing the Cannes Film Festival this week. The US president's proposed 100-percent tariffs on movies "produced in foreign lands" have raised concerns......
The French Development Agency and Morocco’s OCP Group deepen ties with a €350 million loan to advance decarbonization, green hydrogen, and sustainable farming in Morocco’s southern provinces. France’s AFD expands strategic partnership with Morocco’s OCP Group The French......
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......
Recent statistics reveal that Morocco's tomato exports to Norway have reached a remarkable milestone, with 5,000 metric tons shipped from July 2024 to March 2025. This figure marks a significant 37.9% increase compared to the same timeframe last season, according to data from EastFruit. The total......
The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......
Holmarcom Group and the International Finance Corporation (IFC) have successfully established a strategic partnership, marking IFC's acquisition of an 18.62% minority stake in Holmarcom Finance Company (HFC) for MAD 1.35 billion ($135 million). This collaboration comes on the heels of Holmarcom’s......
A recent investigation by StreetPress has highlighted the alarming exploitation of Moroccan agricultural workers in the Lot-et-Garonne region of southwestern France. This report exposes the harsh realities faced by these workers, who were reportedly charged €14,000 each for seasonal work contracts......
China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......
In a recent interview with The Korea Times, Chafik Rachadi, Morocco’s ambassador to South Korea, highlighted the deepening economic relations between Rabat and Seoul, underscored by a landmark $1.5 billion agreement between Morocco’s national railway operator (ONCF) and Hyundai Rotem. Ambassador......
The European Union (EU) is preparing to implement targeted countermeasures against U.S. President Donald Trump's tariffs, which could affect up to $28 billion worth of U.S. imports, ranging from dental floss to diamonds. This step follows actions taken by China and Canada, marking an early escalation......
Global concern mounted after U.S. President Donald Trump unveiled sweeping tariffs, sparking fears of a global recession and sharply higher prices in the American market. Financial markets around the world plunged in response, while leaders from major economies criticized the move as a blow to decades......
