Economy
The European Union's demand for Moroccan tomatoes has experienced a noticeable dip this season, with imports from the North African nation dropping by 6.8% compared to the previous year. This decline follows a record high in Moroccan tomato imports to the EU in 2022, marking the steepest decline......
Morocco's recent economic boom, fueled by foreign investments and infrastructure projects, is masking growing concerns about uneven wealth distribution across the country. As urban centers and high-tech sectors flourish, there's a risk that rural areas and vulnerable populations may be left behind......
A significant proportion of knowledge-workers in India anticipate job displacement due to artificial intelligence (AI) within the next five years, according to a recent study. A groundbreaking report from the Indian Institute of Management Ahmedabad (IIMA) has unveiled profound concerns among India's......
In a notable shift in regional energy dynamics, Morocco has emerged as the foremost destination for Spanish liquefied natural gas (LNG) exports. This transformation is underscored by recent data from the Spanish Agency for Strategic Reserves (Cores), which reveals a dramatic surge in Spain's LNG......
Strengthening Connections Through Trade, Investment, and Education Morocco's strategic engagement with Ghana exemplifies the potential for deepening intra-African partnerships beyond colonial legacies like artificial borders and linguistic divides. This relationship traces back to the post-independence......
Spain's importation of Moroccan strawberries has seen a significant increase, with February figures showing a 48.17% rise despite health warnings from Spanish media. According to OkDiario, Spain paid 30% more for Moroccan fruit in the first half of 2024 than the previous year, despite receiving 23.8......
Revitalizing Morocco's Rail Infrastructure Morocco's National Office of Railways (ONCF) has embarked on an ambitious project to enhance the conventional rail lines between Kenitra and Marrakech. This initiative is crucial for developing the high-speed rail link connecting these key cities. The......
In a notable shift, Spain has dramatically increased its natural gas exports to Morocco while reducing supplies to European counterparts like Italy. This strategic move comes as Spain navigates complex energy dynamics involving Algeria and broader regional tensions. According to data from Cores, Spain’s......
Chariot Limited, a prominent energy firm focused on Africa, has embarked on a significant drilling operation at its Anchois gas project situated off the Moroccan coast. The arrival of the Stena Forth drillship marks the commencement of this high-stakes venture. The operation at the Anchois-3 well is......
In a remarkable surge, Morocco’s National Agency for Regulation of Cannabis-Related Activities (ANRAC) has significantly increased the issuance of cannabis licenses in 2024. This development comes amidst a transformative regulatory landscape, marking a pivotal moment for the country's cannabis......
In a remarkable development, trade between Morocco and Israel has skyrocketed in 2024, reaching unprecedented levels despite the ongoing conflict in Gaza. This economic boom, facilitated by the 2020 Abraham Accords, has sparked critical debates about the implications of deepening economic ties amidst......
Morocco's Banking Sector Faces Heightened Liquidity Needs In a recent report by Morocco's central bank, Bank Al-Maghrib (BAM), July saw a notable rise in liquidity demand within the country's banking sector. The average weekly requirement soared to MAD 125.3 billion, surpassing June's......
In a decisive move to enhance economic collaboration, the Brazilian Senate has sanctioned a legislative decree to facilitate investments with Morocco. This agreement, originally signed on June 13, 2019, during the visit of Morocco's Foreign Minister Nasser Bourita to Brasília, outlines a comprehensive......
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