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Economy



Morocco and US bolster trade security with new container security agreement

Morocco and the United States have strengthened their customs cooperation by signing a new bilateral Container Security Initiative (CSI) agreement in Rabat. This initiative aims to enhance cargo security while facilitating the increasing volume of trade between the two nations. The agreement, which......

Morocco strengthens its position as a global aerospace hub with ambitious plans for growth

Morocco is solidifying its status as a global leader in the aerospace industry, with 150 companies operating nationwide and generating an annual revenue of €2.5 billion. The sector currently employs 26,000 professionals and is poised for significant expansion in the coming years. A growing aerospace......

Boeing strengthens aerospace ties with Morocco through new partnership

American aerospace leader Boeing is solidifying its relationship with Morocco's aviation sector at the 55th International Paris Air Show, taking place from June 16 to 22. This partnership highlights Boeing's commitment to enhancing its global supply chain while supporting the burgeoning aerospace......

Strengthening cargo security: Morocco and the United States deepen strategic cooperation

Abdellatif Amrani, Director General of the Moroccan Customs and Indirect Tax Administration, and Donald Conroy, Executive Director for International Operations and Advisory at the U.S. Customs and Border Protection, signed a Declaration of Principles in Rabat confirming Morocco’s participation......

US and UK Seal Trade Deal While Steel Dispute Remains

KANANASKIS, Alberta — On the sidelines of the G7 Summit in Canada, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced the signing of a new trade agreement aimed at easing certain tariffs between the two nations. The deal marks a step forward in efforts to finalize a comprehensive......

Boeing deepens ties with Morocco through aerospace partnership

Boeing has solidified its presence in Morocco’s aerospace sector by partnering with Casablanca Aéronautique, a subsidiary of France's Figeac Aéro Group, to produce machined parts for the 737 MAX aircraft. The agreement reinforces Boeing’s long-standing engagement in the......

China’s tariff exemption on African imports offers Morocco a chance to shrink trade deficit

Economic experts in Morocco view China’s recent removal of customs duties on imports from African countries as a significant chance for Morocco to address its longstanding trade imbalance with China. Despite Morocco achieving record exports worth $1.3 billion to China last year, this amount remains......

Elites under scrutiny: wealth concentration fuels public discontent

The growing influence and wealth of global elites have become a focal point of public frustration, straining the social fabric amid rising inequality. This tension manifests across continents, with economic disparities and elite dominance reshaping political and cultural landscapes. Elite universities......

Barcelona airport to undergo €3.2 billion expansion to boost global connectivity

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 to invest over €1 billion in Spain to boost local productions

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......

Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

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......

Royal Air Maroc nears major Boeing deal with Airbus entry after 25 years

Royal Air Maroc (RAM) is preparing to modernize and expand its fleet through a substantial deal with Boeing and a smaller order with Airbus, marking a transformative step for Morocco's national carrier. Boeing leads negotiations; Airbus returns after decades According to industry sources cited......

US-China Agree on ‘Framework’ on Trade After Talks in London

The United States and China have reached a preliminary agreement on trade following two days of discussions in London aimed at easing tensions between the two nations. While the details of the framework, announced on Tuesday, remain vague, this development comes a month after both countries agreed to......

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