Economy
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......
France, Italy, Spain, the Netherlands and Lithuania have jointly called for stronger European Union action against China’s trade practices, intensifying pressure on Brussels to adopt tougher tools to protect European industry. The coordinated stance adds momentum to a broader policy shift under......
Construction has begun on a major solar energy initiative in Morocco involving four photovoltaic power plants under the Noor Atlas program, marking a new phase in the country’s renewable energy expansion. Eiffage, through its energy systems subsidiary, is responsible for the design, supply, construction,......
A new call for applications has been launched for the second season of a pan-african television competition dedicated to entrepreneurship. The initiative builds on the success of its first edition, which reached audiences across multiple regions and positioned itself as a platform for emerging business......
Morocco and Indonesia have formalized a bilateral agreement to mutually recognize halal certification systems, a move designed to ease trade flows and expand access for Moroccan exporters to one of the world’s largest halal consumer markets. The agreement focuses on aligning certification standards......
Economic activity in France experienced its steepest decline in more than five years during May, according to the latest PMI Flash index published by S&P Global. The data points to a significant slowdown in the country’s private sector amid rising inflation and growing economic uncertainty. The......
Morocco and France have signed a new cooperation agreement aimed at strengthening the fight against money laundering and terrorism financing during an international conference held in Paris. The agreement was concluded between Morocco’s National Financial Intelligence Authority and the French......
Fuel prices in France remain under close public attention as petrol prices continue to rise while diesel prices begin to decline slightly after recent peaks. According to official figures released this week, gasoline prices have reached their highest levels since mid-2022, increasing pressure on households......
European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move,......
Mehdi Tazi has been elected president of the General Confederation of Moroccan Enterprises, marking a leadership transition at the country’s main employers’ organization. Mohamed Bachiri was elected vice president general during the same vote held in Casablanca. The new mandate runs from......
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