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Keywords: Economy


70 new buses arrive at Agadir Port, Launching Morocco’s 2025-2029 urban transport program

The Port of Agadir welcomed 70 brand-new buses on Saturday, marking the official launch of Morocco’s National Urban Public Transport Program 2025–2029. Backed by a total budget of 11 billion dirhams, the initiative aims to modernize and expand urban mobility networks across the Kingdom, with......

Iran: Major private bank Ayandeh declared bankrupt, Assets absorbed by state

One of Iran’s largest private banks, Ayandeh Bank, has been officially declared bankrupt by the Iranian authorities, according to state media on Saturday. Founded in 2012, the institution—whose name means “future” in Persian—operated more than 270 branches across the country......

Spanish unemployment rises in third quarter as services sector slows

Spain’s unemployment rate increased slightly to 10.45 percent in the third quarter of 2025 as the dynamic services sector, heavily reliant on seasonal tourism and hospitality, shed jobs following the summer season. According to the National Statistics Institute, this figure represents a modest......

Bank liquidity needs rise in Morocco in August 2025

Morocco’s banking liquidity needs increased in August 2025 compared to the previous month, according to the Directorate of Studies and Financial Forecasts (DEPF). In response, Bank Al-Maghrib (BAM) raised the volume of its liquidity injections, reaching an average of 134.4 billion dirhams (MMDH)......

Moroccan government advances social reforms and renewable energy initiatives

The Moroccan government council, led by Prime Minister Aziz Akhannouch, convened on Thursday, October 23, 2025, to approve pivotal reforms and key ministerial appointments under Article 92 of the Constitution. The session emphasized Morocco’s strategic focus on social equity, food safety, and renewable......

Morocco and Spain deepen economic partnership ahead of 2030 World Cup

Morocco and Spain are moving to strengthen their economic ties as both nations prepare to co-host the 2030 FIFA World Cup alongside Portugal. The initiative reflects a shared vision for sustainable growth and deeper regional integration. Morocco’s General Confederation of Moroccan Enterprises......

Marine Tondelier announces 2027 bid with focus on ecology and social change

Marine Tondelier, the national secretary of the French Ecologists and party leader since 2022, has declared her candidacy for the upcoming presidential election. In an interview with Nouvel Obs, Tondelier described her decision as "an act of love for France," citing profound concerns about......

Morocco’s 2026 finance bill tackles informality and boosts local industries

Morocco’s draft 2026 Finance Bill introduces sweeping reforms designed to strengthen economic sovereignty, modernize customs oversight, and provide targeted support for local industries. The proposals aim to combat informal activities, incentivize sports enterprises, and align the country with......

Direct Social Aid: Rejection rate remains below 1.3% each month in 2025

The Moroccan Minister of Economy and Finance, Nadia Fettah, announced on Monday that less than 1.3% of applications for direct social aid have been rejected each month throughout 2025. Speaking before the House of Representatives, Fettah explained that the number of beneficiary households has reached......

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