Economy
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......
The 2026 Mediterranean navigation season has opened under severe disruption as extreme weather events, aviation fuel shortages, and geopolitical tensions reshape maritime tourism across the region. Conditions that typically support stable growth in yacht charters and cruise activity have been replaced......
France has launched an online simulator allowing workers to check whether they are eligible for a new fuel allowance designed to support low-income commuters who travel long distances for work. The initiative, announced by the government and confirmed through an official decree published in the national......
France will increase its national minimum wage (SMIC) by 2.4% starting June 1, in line with rising inflation driven in part by higher energy prices linked to global geopolitical tensions. The adjustment, described by officials as a “mechanical” update rather than a discretionary boost, reflects......
The Africa Forward summit in Nairobi brought together heads of state, investors and senior officials on 11 and 12 May 2026 with a focus on accelerating concrete economic partnerships across the continent. The meeting, co-chaired by Kenya and France, placed emphasis on investment-driven cooperation in......
African leaders gathering in Kenya for the Africa Forward Summit called for major reforms to the global financial system in order to improve access to credit and encourage investment across the continent. The summit, held in Nairobi with the participation of more than 30 African heads of state and government......
French shipping giant CMA CGM has signed a strategic partnership with the government of Kenya, marking a new step in its expansion across the African continent. The agreement was announced in Nairobi during the “Africa Forward” summit, in the presence of French President Emmanuel Macron......
One of the best-known flea markets in France, the Les Puces du Canal near Lyon, has entered a financial protection procedure after facing growing economic pressure linked to higher property taxes. Located in Villeurbanne since 1995 along the banks of the Jonage Canal, the market is considered the second-largest......
The French government has pledged continued support for workers and businesses affected by the sharp rise in fuel prices, as concerns grow over the broader economic impact of the energy crisis. Prime Minister Sébastien Lecornu stated that authorities would not “abandon anyone” facing......
French energy company Engie has confirmed that it will continue pursuing its development strategy in the Middle East despite ongoing regional instability linked to geopolitical tensions and disruptions caused by the conflict involving Iran. Company executives stated that the region remains part of Engie’s......
Electric vehicle registrations rose sharply across Western Europe in April 2026, with several countries recording record or near-record battery electric vehicle market shares as consumers increasingly turned away from combustion-engine cars amid fuel price surges driven by the ongoing conflict in the......
A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......
EasyJet has inaugurated a new direct air route connecting Strasbourg and Marrakech, expanding low-cost connectivity between France and Morocco. The service, which began operating on Sunday, runs twice weekly on Thursdays and Sundays between Strasbourg-Entzheim Airport and Marrakech-Ménara Airport.......
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