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Economy



Morocco and Italy deepen economic ties with new chamber of commerce launch

The Moroccan Chamber of Commerce in Italy (CCMI) is set to officially launch on November 19 with a ceremony at the Senate of the Republic in Rome, marking a key milestone in strengthening economic relations between Morocco and Italy. Launch event to foster bilateral cooperation The inauguration will......

Spain halts cattle exports to Morocco amid lumpy skin disease outbreak

Spanish authorities have suspended the export of live cattle to Morocco after confirming several outbreaks of lumpy skin disease (LSD) in northeastern Spain. The temporary measure, reported by El Faro de Ceuta, is intended to contain the spread of the virus and safeguard both animal health and the agricultural......

Moroccan jewelers move to formalize gold trade with new import company

Moroccan jewelers are preparing to launch a gold import company under the leadership of the Moroccan Federation of Jewelers. This initiative seeks to combat the dominance of the informal market and establish a more regulated and stable gold industry in Morocco. Tackling informality in the gold sector The......

France’s debt crisis deepens as prime minister faces confidence vote

France is grappling with an escalating sovereign debt crisis that threatens to destabilize the eurozone's second-largest economy as political turmoil compounds the government’s challenges. Prime Minister François Bayrou faces a critical confidence vote on Monday that could lead to his......

Ryanair announces major flight cuts to Spain, targeting smaller regional airports

Ryanair, the budget airline, has dealt a significant blow to Spanish residents and tourists by announcing the cancellation of 36 flight routes connecting Spain with domestic and international destinations by this winter. This decision follows a reduction of 13 routes earlier in 2025, which had already......

Renfe replaces low-cost Avlo trains with premium Ave services on Madrid-Barcelona route

Spain's national rail operator Renfe has announced the discontinuation of its low-cost Avlo services on the Madrid-Zaragoza-Barcelona high-speed line, effective September 8. These will be replaced by its premium Ave trains, while maintaining the same frequencies, schedules, and competitive pricing. Renfe......

Ryanair to unveil regional Spanish airports hit by severe flight cuts

Low-cost airline Ryanair is set to announce significant reductions in flights to and from regional airports in Spain this winter, confirming plans to cut an additional one million passenger seats. The move comes amid ongoing tensions with Aena, the Spanish airport network, over fee increases. Sharp......

France halts US-bound parcels as new tariffs disrupt trade

France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......

Italy moves forward with world’s longest suspension bridge project

Italy’s government has approved a groundbreaking €13.5 billion ($15.6 billion) project to construct the world’s longest suspension bridge, connecting the island of Sicily to the mainland across the Strait of Messina. The ambitious state-funded project, which has been debated for decades,......

Moroccan travel spending abroad surges to MAD 15.5 billion in first half of 2025

Moroccans have spent over MAD 15.5 billion ($1.69 billion) on international travel during the first six months of 2025, according to data released by the Moroccan Exchange Office. This figure marks an 8.2% increase compared to the MAD 14.33 billion ($1.56 billion) spent during the same period in 2024. The......

EU-US trade deal averts tariff crisis but sparks mixed reactions

The United States and the European Union have reached a trade agreement aimed at avoiding severe tariffs on European goods. While the deal has been praised for preventing a transatlantic trade war, it has also drawn sharp criticism from some European leaders and industries. Key terms of the agreement The......

EU and South Korea seek urgent trade deals to avoid Trump’s looming tariffs

The European Union and South Korea are scrambling to reach trade agreements with U.S. President Donald Trump before the August 1 deadline, as Washington threatens to impose a 30% tariff on most imports from the EU and Mexico, with similar warnings extended to countries like Japan and South Korea. White......

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......

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