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Economy



Morocco joins global FIT partnership to amplify trade influence

Morocco has become a founding member of the newly launched Future of Investment and Trade Partnership (FIT), a coalition of 14 nations aimed at strengthening the global trade influence of small and medium-sized economies. The initiative, formalized during a virtual ministerial meeting on September 16,......

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......

Veterans reshape Europe's defense tech as record funding fuels innovation

A new wave of innovation is transforming Europe’s defense technology landscape, driven by a generation of former soldiers who are leveraging their military expertise to create multibillion-dollar enterprises. This surge comes as European nations accelerate rearmament efforts following Russia's......

Morocco-Europe shipping route revolutionizes fresh produce logistics

European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......

Spain faces critical immigrant pay gap as economy eyes 25 million migrant workers

A new global study reveals that immigrant workers in Spain earn nearly a third less than Spanish nationals, highlighting structural inequalities within the labor market as the country braces for a major demographic shift. The research, led by the University of Oslo and published in Nature Journal,......

Morocco ranks 51st in global work-life balance index, highlighting urgent reform needs

Morocco has ranked 51st out of 60 countries in the 2025 Global Work-Life Balance Index, reflecting significant challenges in aligning working conditions with quality of life. The report, published by Remote, a global platform for remote employment, underscores systemic issues in the country’s labor......

U.S. Dollar on Track for Strongest Annual Performance in Nearly a Decade

The U.S. dollar is poised to achieve its best annual performance in nearly a decade, supported by a combination of economic strength and growing demand. Throughout the year, the dollar has seen a significant appreciation of 7%, marking its most substantial rise since 2015. This surge has led to a decline......

World Bank Announces Record $100 Billion Support for the Poorest Nations

The World Bank has unveiled an unprecedented commitment to aid the world's poorest countries, raising nearly $24 billion in new funds. This initiative will allow the bank to leverage these resources, unlocking a remarkable total of $100 billion in loans and grants. The goal is to address the pressing......

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