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Economy


Morocco's Watermelon Exports Flourish Amidst EU Market Shifts

In a remarkable display of agricultural resilience, Morocco has secured its position as a top watermelon exporter to the European Union, despite facing its sixth consecutive year of severe drought. This achievement underscores the kingdom's ability to adapt and thrive in the face of climatic challenges. According......

Underwater Dreams: Spain and Morocco Revive Plans for Strait of Gibraltar Tunnel

Spain has recently announced a tender for seismometers to study the seabed of the Strait of Gibraltar, signaling renewed interest in an ambitious project to connect Europe and Africa through an underwater tunnel. This development marks a significant step forward in a vision that has been in the works......

Moroccan Investors Reshape Spain's Real Estate Landscape: A 2024 Market Analysis

In a significant shift within Spain's property market, Moroccan investors have emerged as key players, securing their position as the second-largest group of foreign buyers in the second quarter of 2024. This development, reported by the online platform Merca2, highlights a growing trend that has......

Air Arabia's Direct Flight: Bridging Morocco and Spain with a New Route

In an exciting development for air travel enthusiasts and those with a penchant for exploring the vibrant cultures of Morocco and Spain, Air Arabia has unveiled a new direct flight connecting Casablanca and Madrid. This strategic move by the airline promises to revolutionize travel between these two......

Morocco's Strategic Energy Move: Diversifying Sources with Russian Gas Imports

Morocco continues to strengthen its energy security by importing Russian natural gas, showcasing a strategic approach to its energy needs. Despite global geopolitical tensions and sanctions against Russia, the kingdom has maintained a steady supply of liquefied natural gas (LNG) from the country for......

Morocco Emerges as Top Watermelon Supplier to Spain and France in 2023

In a significant milestone for Morocco's agricultural sector, the country has solidified its position as the leading supplier of watermelons to both Spain and France in 2023. This achievement underscores Morocco's growing influence in the global market for fresh produce. According to recent......

EU's Declining Appetite for Moroccan Tomatoes: Imports Drop by 6.8%

The European Union's demand for Moroccan tomatoes has experienced a noticeable dip this season, with imports from the North African nation dropping by 6.8% compared to the previous year. This decline follows a record high in Moroccan tomato imports to the EU in 2022, marking the steepest decline......

Morocco Ascends as Prime Market for Spanish LNG Amid European Decline

In a notable shift in regional energy dynamics, Morocco has emerged as the foremost destination for Spanish liquefied natural gas (LNG) exports. This transformation is underscored by recent data from the Spanish Agency for Strategic Reserves (Cores), which reveals a dramatic surge in Spain's LNG......

Spain Faces Price Surge and Health Concerns Amid Rising Moroccan Fruit Imports

Spain's importation of Moroccan strawberries has seen a significant increase, with February figures showing a 48.17% rise despite health warnings from Spanish media. According to OkDiario, Spain paid 30% more for Moroccan fruit in the first half of 2024 than the previous year, despite receiving 23.8......

Spain Amplifies Gas Exports to Morocco Amid Strategic Energy Shifts

In a notable shift, Spain has dramatically increased its natural gas exports to Morocco while reducing supplies to European counterparts like Italy. This strategic move comes as Spain navigates complex energy dynamics involving Algeria and broader regional tensions. According to data from Cores, Spain’s......

Morocco Prepares for 2030 FIFA World Cup with Ambitious Infrastructure Plans

Morocco is setting the stage for the 2030 FIFA World Cup, which it will co-host with Spain and Portugal, by unveiling a strategic infrastructure development plan as part of its 2025 Finance Bill. This initiative aims to transform key cities into world-class venues, ready to welcome the global sporting......

France Emerges as Leading Investor in Morocco Amid Strengthened Diplomatic Ties

In 2023, France has secured its position as the foremost foreign investor in Morocco, following a landmark decision to acknowledge Moroccan sovereignty over its southern provinces. This diplomatic shift is anticipated to invigorate bilateral cooperation, notably in trade and economic partnerships. Recent......

France Emerges as Morocco's Top Investor in 2023, Signaling Strong Economic Ties

In a significant development for Morocco's economic landscape, France has secured its position as the leading investor in the North African kingdom for 2023. This revelation comes from a comprehensive report released by the Moroccan Exchange Office, shedding light on the country's balance of......