Economy
Moroccan businessman Moulay Hafid Elalamy has taken 92.3 percent control of Arktika Capital AB, a Sweden based licensed credit institution focused on distressed debt. His son, Moulay Mhamed Elalamy, has been appointed chief executive officer of the company. The stake is held through a network of investment......
Trade unions at French sporting goods retailer Decathlon have called for a nationwide employee mobilization on Saturday, as tensions rise over wages and working conditions despite strong financial results for the company. The call, backed by several major unions including CFDT, CFTC, CGT, CFE-CGC, and......
Aluminium Bahrain (Alba) has officially confirmed the acquisition of the French metallurgy company Aluminium Dunkerque in a deal valued at approximately $2.2 billion, marking a significant transaction in the global aluminium industry. The agreement, signed on Monday during the Choose France summit,......
A fuel promotion in southern France has drawn large crowds after a supermarket chain launched an offer effectively bringing the price of gasoline down to €1.50 per liter through a voucher-based refund system. In Roques, near Toulouse in the Occitanie region, the E.Leclerc hypermarket attracted......
France secured a record 93 billion euros in foreign investment commitments during the latest edition of the Choose France summit, according to announcements made ahead of the event at Versailles. The figure covers 71 investment projects and is linked to more than 15,000 potential jobs across the country. The......
Tesla registrations posted sharp gains across several European markets in May, with France recording a 655 percent year-on-year increase to 5,446 vehicles delivered, Sweden rising 71 percent to 858 units, and Denmark posting a 136 percent increase compared to May 2025. The figures mark a decisive reversal......
More than 439,000 applications have already been submitted in France for government assistance aimed at “heavy drivers” who are heavily impacted by rising fuel costs, according to official figures released on Sunday by government authorities. The support scheme, designed to help workers......
The international credit rating agency Standard & Poor’s has reaffirmed its confidence in the French economy by maintaining France’s sovereign credit rating at A+ with a stable outlook. This decision follows a previous downgrade issued in October, but reflects recent improvements in fiscal......
The French government has officially doubled its fuel allowance for low-income workers who rely heavily on their vehicles, raising the payment from €50 to €100 in response to persistent fuel price pressures. The measure is aimed at helping millions of workers who travel significant distances......
French aerospace manufacturer Daher is preparing to shift a portion of its production and assembly operations from its plant in Tarbes, southwestern France, to Morocco, as part of a restructuring effort designed to restore profitability at its industrial division by 2028. The move falls under an internal......
Marrakech’s prime residential property market has recorded strong growth since 2023, driven by rising demand from international buyers, younger professionals, and Moroccan expatriates seeking second homes and lifestyle investments. The city, long associated with retirees and seasonal visitors,......
French tyre manufacturer Michelin is considering a voluntary workforce reduction plan in France that could lead to the elimination of up to 1,500 jobs over the next three years, according to the company. The proposal is part of a broader effort to adapt the company’s operations to changing market......
Several European Union member states, including France, Italy, and Spain, are urging the European Union to reinforce and accelerate its trade defence mechanisms in response to what they describe as unfair competition from low-cost imports that threaten European industries. The initiative, also supported......
-
16:05
-
15:30
-
14:45
-
13:45
-
12:45
-
11:03
-
09:45
-
07:19
