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Economy



Morocco’s $35 billion green hydrogen vision: bold ambitions amid global uncertainty

In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......

Morocco sustains watermelon exports to EU despite growing water crisis

Morocco has solidified its position as a leading supplier of watermelons to the European Union despite escalating concerns over its water scarcity. New data reveals the North African nation as the EU's second-largest watermelon exporter, trailing only Spain. According to agriculture-focused platform......

Morocco’s agriculture export boom: sweet corn shipments surge to $20 million

Morocco is experiencing a significant growth in agricultural exports, with sweet corn emerging as an increasingly valuable commodity. Favorable production conditions and strong international demand have propelled the North African nation to new heights in the global agricultural market. According to......

The overseas bank accounts you can open from Spain: diversify your savings and maximize returns

If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......

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......

EU advances Mercosur trade deal as French resistance eases

The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......

Spain’s property market: Rising prices and cautious optimism this autumn

As autumn 2025 begins, Spain’s property market continues to be a hot topic, with soaring prices and high demand dominating the landscape. Amid talks of government interventions and affordability concerns, buyers and renters alike face a challenging environment. Property expert Mark Stücklin......

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......

Vodafone to provide communication services for Morocco-Spain underwater tunnel studies

Vodafone UK has secured a contract to deliver communication services for the team conducting studies on the proposed Morocco-Spain underwater tunnel, a groundbreaking project aiming to connect Europe and Africa through the Strait of Gibraltar. Vodafone’s role in the project The Spanish government......

EU-backed Nador West Med port challenges Spanish maritime dominance

Brussels has allocated over €300 million to fund Morocco’s Nador West Med (NWM), a strategic deep-water port near the Strait of Gibraltar, triggering alarm among Spanish ports. Modeled after the successful Tanger Med, the €730 million project is set to begin operations by 2030, positioning......

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......

Morocco confronts Schengen visa rejections as financial losses mount

Moroccans spent nearly MAD 1 billion ($100 million) on rejected Schengen visa applications in 2024, sparking outrage over the financial and emotional toll of the process. Parliamentary debates have intensified, with lawmakers denouncing excessive fees, opaque procedures, and systemic barriers that disproportionately......

Morocco emerges as Africa's leading automotive hub, challenging global players

Morocco has solidified its position as a key player in the global automotive sector, with production figures reaching an impressive one million vehicles in 2025. This milestone places the country among the world’s top fifteen automotive manufacturers and establishes it as Africa’s leading......

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