A staggering 150,000 residential properties have vanished from Spain’s long-term rental market since 2023, leaving many Spaniards struggling to find affordable housing. Experts suggest the controversial Housing Law, combined with landlords’ pursuit of higher profits and legal uncertainties,......
A government report released Tuesday has revealed that the massive power outage that paralyzed Spain and parts of Portugal in April was triggered by an "overvoltage" on the electrical grid, leading to a cascading failure. The incident, which disrupted internet, telephone services, train operations,......
The GREEN project, a groundbreaking initiative aimed at enhancing youth employability in Morocco's green economy, officially concluded its two-year run on June 12. Spearheaded by EFE-Maroc in collaboration with the Spanish Agency for International Development Cooperation (AECID), the program exceeded......
The GREEN project, a groundbreaking initiative aimed at enhancing youth employability in Morocco's green economy, officially concluded its two-year run on June 12. Spearheaded by EFE-Maroc in collaboration with the Spanish Agency for International Development Cooperation (AECID), the program exceeded......
Morocco has announced the launch of its first offshore wind farm, a 1,000-megawatt project set to be built near Essaouira. The landmark initiative, unveiled on June 10 during the Mediterranean Day at the UN Conference on Oceans (UNOC3) in Nice, marks a significant step in the country’s transition......
A proposed tunnel under the Strait of Gibraltar is drawing fresh attention as Morocco and Spain renew efforts to bridge their continents. Beyond the technical challenges, the project symbolizes a potential transformation in diplomacy, trade, and cultural integration between Europe and Africa. Reviving......
Spain’s airport operator Aena has received approval from the Catalan government to move forward with a €3.2 billion expansion of Josep Tarradellas Barcelona-El Prat Airport. The project, announced by Catalonia’s socialist president Salvador Illa, is set to transform the airport into......
Netflix, the US-based streaming giant, has announced plans to invest €1.1 billion in Spain’s audiovisual sector between 2025 and 2029. The announcement underscores Spain’s growing importance as a creative hub for global film and television production in Europe. Speaking at Netflix's......
Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......
Finding a high-yield savings account in Spain can be a challenge, especially when compared to the higher rates available in countries like the UK or the US. However, several options in 2025 offer competitive rates that can help maximize your savings. Below is a detailed look at the best savings accounts......
Real estate investment trusts (Socimis) are increasingly at the center of Spain's housing debate, especially as the government implements new tax measures aimed at addressing the worsening housing crisis. While many may not be familiar with Socimis, they play a significant role in the property market,......
Morocco's construction powerhouses TGCC and SGTM have been awarded the second lot of the Grand Stade Hassan II project in Casablanca, a significant infrastructure initiative planned for Benslimane. The contract, valued at MAD 3.2 billion ($320 million), follows the conclusion of the tender process......
The Spanish government has allocated a budget of €113,000 (approximately $129,000) to provide halal meals for Moroccan military personnel undergoing training at the state-owned Navantia shipbuilding company. This initiative ensures that the dietary needs of the Moroccan trainees align with Islamic......
