Economy
More million-euro properties than low-cost rentals Spain’s housing market is marked by a glaring imbalance, with more luxury homes priced over €1 million than rental properties available for under €1,000. According to data from the property portal Idealista, there are currently 43,707......
Morocco has achieved a significant milestone in the global blueberry market, climbing from seventh to fourth place in export rankings within a single year, according to Agraria Pe. This rapid ascent reflects the country’s strategic efforts to position itself as a key player in the industry. In......
Morocco’s watermelon exports to France have seen a dramatic rise, increasing by 155% over the past decade, according to new data compiled by COMTRADE and shared by Hortoinfo. In 2015, Morocco exported 23.96 million kilograms of watermelons to France, a figure that soared to 61.13 million kilograms......
The challenges of being self-employed in Spain extend far beyond managing day-to-day business operations. For autónomos, retirement pensions represent another significant hurdle, as they receive markedly less than their salaried counterparts, despite contributing a similar percentage of their......
Immigration in Spain has become a polarizing topic in recent years, fueled by political rhetoric and sensationalized narratives. However, mounting evidence from economic studies debunks claims that immigrants take jobs from Spaniards or depress wages, challenging widespread misconceptions. The rise......
Dubai-based energy firm AMEA Power has announced its involvement in the second phase of Morocco’s Agadir seawater desalination project, a transformative effort set to make the facility one of Africa’s largest water treatment plants. This expansion will boost the plant’s capacity to......
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......
Thousands of Spanish drivers are flocking to Morocco for vehicle repairs, drawn by dramatically lower costs for labor and parts. The trend has grown rapidly as drivers combine holidays with essential maintenance, capitalizing on Morocco’s affordable and efficient automotive services. A booming......
Portugal is considering an electrical interconnection with Morocco as part of its €400 million energy security plan, aiming to strengthen its power grid and prevent major blackouts like the one that affected the Iberian Peninsula in June. During a press conference on Monday, Portugal’s Minister......
Spanish Prime Minister Pedro Sánchez announced on Monday his conditional support for the recently concluded European Union trade deal with the United States, though he admitted doing so “without any enthusiasm.” The agreement, brokered on Sunday by US President Donald Trump and European......
Morocco's trade exchanges with global markets recorded a notable increase of 6.3% in 2024, yet Europe retained its position as the country's dominant trade partner, despite a modest decline in its overall share. New data from Morocco’s Exchange Office reveals that European partners accounted......
Spain has added more than 1.4 million foreign workers to its labor force over the past decade, according to new data. Economists view this trend as essential for sustaining the country’s welfare and pension systems amid an aging population. A decade of growth in foreign labor Figures from Spain's......
Spain’s Beckham Law, offering a flat 24 percent tax rate for eligible foreigners, has long attracted international professionals and investors. However, recent scrutiny and legal challenges have led many to explore other legitimate tax-saving options. Here’s a look at some of the alternatives......
