Economy
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......
ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......
DP World, the Dubai-based global port operator, has announced the launch of a new maritime route connecting Morocco with the United Kingdom and Northern Europe. The service, named "Atlas," is set to reshape trade logistics between the regions by offering faster, eco-friendly transportation......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
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......
Remittances from Moroccans residing abroad accounted for nearly a tenth of the country’s GDP At 5 a.m., Joulya Azmi zipped her suitcase shut for the last time in Bordeaux, France. The Franco-Moroccan nurse had spent nine years in France—slogging through night shifts, dodging microaggressions,......
The recent theft of copper cables on Spain's railways has sparked chaos for countless train passengers, highlighting a troubling trend of rising crime. This article delves into the alarming frequency of such incidents, the motivations behind them, and the significant repercussions for Spain's......
Europe is on the brink of a demographic shift, with its population set to decline in many countries due to an aging populace and a falling birth rate. A recent study highlights that the integration of immigrants into the workforce is essential for sustaining both societies and economies across the continent. Europe's......
Recent data from Eurostat reveals a significant increase in Morocco's pharmaceutical imports from the European Union in 2024, although the country’s exports to the EU remain limited. According to the statistics, Morocco imported €559 million worth of medical and pharmaceutical products......
A recent study from the Carlos III Health Institute in Spain has revealed the detection of five cases of a rare enterovirus in children between 2019 and 2024. This enterovirus, also identified in other European countries, is linked to both respiratory and neurological diseases, prompting calls for heightened......
The European Union's latest banking regulations, initially designed to address post-Brexit financial concerns, have inadvertently raised alarms in Morocco. These new rules threaten to disrupt a crucial economic lifeline for the North African nation – remittances from its diaspora in Europe. In......
In a significant move that could reshape the global spreads industry, Teralys, a subsidiary of Moroccan royal holding company Al Mada, has announced its acquisition of Italian agro-industrial group Nutkao for €450 million. This strategic purchase positions Teralys as a formidable competitor to established......
Belgian construction firm Macan Group has announced a significant investment initiative, pledging MAD 1.5 billion (approximately €135 million) over the next five years to expand its operations in Morocco. Since its initial foray in 2015, Macan Group has viewed Morocco as a prime location for long-term......
