Russian President Vladimir Putin has approved an unprecedented defense budget for 2025, allocating approximately $126 billion, or 13.5 trillion rubles, to the national defense sector. This amount constitutes 32.5% of the total government spending, marking a significant rise from the previous year’s......

Morocco’s pursuit of becoming a key hub for foreign investment continues to gain momentum, fueled by the vision of His Majesty King Mohammed VI. The country has remained committed to a series of strategic reforms designed to enhance its attractiveness to investors, emphasizing sustainable growth......

In a significant move to enhance Morocco's economic landscape, King Mohammed VI has appointed Karim Zidane as Minister Delegate for Investment, Convergence, and the Evaluation of Public Policies (MICEPP), marking a strategic shift in the nation's approach to investment and governance. Zidane,......

In a significant shift within Spain's real estate landscape, Moroccan nationals have emerged as the second-largest group of foreign property buyers during the first half of 2024. This development, reported by Spain's General Council of Notaries, marks a notable trend in cross-border real estate......

In a landmark achievement for Morocco's financial landscape, Lamia Merzouki, Deputy CEO of Casablanca Finance City (CFC), has been elected President of the World Alliance of International Financial Centres (WAIFC). This significant development was announced during the WAIFC's Annual General Meeting......

Morocco is making waves in the global railway industry with its bold "Made in Morocco" vision, unveiled at the prestigious InnoTrans 2024 trade fair in Berlin. The Morocco TraIndustry (MTI) cluster, a collaborative initiative aimed at revitalizing the nation's railway sector, made its debut......

At the prestigious InnoTrans 2024 fair, Morocco and Germany showcased their commitment to strengthening economic ties, with a particular focus on the transformative potential of rail transport. This collaboration, which has been steadily gaining momentum, promises to revolutionize the mobility landscape......

In a significant move, the European Union has committed to providing Ukraine with a substantial loan of up to $39 billion to rebuild its power grid, which has been severely damaged by relentless Russian attacks. This financial support is part of a broader initiative by the Group of Seven (G7) nations......

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......

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......

Both nations emphasize the importance of enhancing cooperation across various sectors, including security and energy. In a groundbreaking move to bolster renewable energy efforts, Morocco and Germany have announced a strategic "energy alliance." This partnership, unveiled during a visit to......

In a strategic move aimed at bolstering Europe's electric vehicle (EV) industry, Volkswagen has identified Morocco as a pivotal center for battery production. This decision underscores the pressing need to address the supply chain gaps that have hindered Europe's efforts to establish a robust......

Adidas has launched an intensive investigation into its Chinese operations following the receipt of an anonymous letter alleging significant compliance violations, according to a report by the Financial Times on Sunday. On June 7, the German sportswear company received a detailed whistleblower complaint......