Economy



Morocco plans Atlantic maritime control center to secure sea traffic

Morocco plans to establish a maritime navigation control center along the Atlantic corridor between Tarfaya and Laâyoune. The project aims to strengthen oversight of international shipping routes and improve maritime safety in the southern Atlantic zone, an area that sees heavy vessel traffic linking......

European central bank prepares rate hike in three years amid inflation rise

The European Central Bank is preparing to raise interest rates for the first time in nearly three years as inflationary pressures intensify across the eurozone. The move comes as policymakers respond to weakening growth and persistent price increases linked to energy market disruptions. The eurozone......

Spain launches “pilgrim menu” initiative with discounted restaurant offers during papal visit

As Spain prepares for the official visit of Pope Leo XIV to Madrid, the country’s restaurant sector has introduced a large-scale initiative aimed at welcoming the expected influx of visitors, pilgrims, and volunteers. More than 1,200 restaurants across major cities such as Madrid, Barcelona, and......

Royal Air Maroc expands fleet with Embraer E190 delivery

Royal Air Maroc is preparing to strengthen its regional fleet with the addition of an Embraer E190 aircraft, marking another step in its ongoing capacity expansion strategy. The move is part of a wider effort to modernize operations and increase connectivity across domestic and regional routes. The......

Eurozone GDP revised to 0.2 percent contraction in Q1 2026

Eurozone GDP contracted by 0.2 percent in the first quarter of 2026 after a sharp downward revision of earlier estimates. The final figures show a significant shift from the initial flash estimate, which had indicated a 0.1 percent expansion. The revision marks the first quarterly contraction in the......

GNV expands Morocco routes with two new ferries

Grandi Navi Veloci has reinforced its maritime network linking Europe and Morocco by deploying two of its newest LNG-powered vessels on key Mediterranean routes. The move comes ahead of the summer travel peak linked to the annual operation facilitating mobility for millions of Moroccan residents in Europe......

Spain's manufacturing growth slows amid rising supply chain pressures

Spain's manufacturing sector continued to expand in May, although at a slower pace than in previous months, reflecting growing challenges linked to supply chain disruptions, rising production costs, and weaker market demand. Recent business indicators suggest that industrial activity remains in......

France, Italy and Spain Call on EU to strengthen and accelerate trade defence measures

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......

EU coalition urges tougher trade measures against China

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......

Western automakers turn China into EV export hub

Western carmakers are increasingly using factories in China as global export platforms, shipping electric and hybrid vehicles back to Europe and other international markets. The shift reflects a deeper integration between global automotive giants and China’s industrial base, even as European policymakers......

Morocco tomato exports extend lead over Spain globally

Morocco has strengthened its position in the global fresh tomato trade, maintaining its lead over Spain for a fourth consecutive year in export volumes and widening its advantage in value for a second year. The shift reflects a broader realignment in agricultural competitiveness between the two countries,......

Aziz Akhannouch opens national forum on investment and Moroccans abroad in Tangier

Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......

Morocco raises €2.25 billion in eurobond sale amid investment push

Morocco has raised €2.25 billion through an international bond issuance, reinforcing its access to global capital markets as the country continues to finance large-scale infrastructure and development programs. The operation was split into two tranches with maturities set for 2034 and 2038, reflecting......

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