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Economy


Strengthening ties: Finland and Morocco explore trade cooperation

The Minister of Foreign Affairs, African Cooperation and Moroccans Abroad, Mr. Nasser Bourita, met on Monday, April 28, 2025, in Rabat, with Mr. Ville Tavio, the Minister of Foreign Trade and Development of Finland. Mr. Tavio is visiting Morocco from April 28 to 30, accompanied by a delegation of businesses......

Morocco shines as guest of honor at China-Arab business conference

Organizers have designated Morocco as the guest of honor at the high-profile gathering of the 11th China-Arab Business Conference, which kicked off today in Haikou, China. The two-day event, part of the larger China-Arab States Cooperation Forum, is set to bring together over 1,000 participants, including......

U.S. expresses interest in Morocco-Nigeria gas pipeline investment

The United States has signaled its interest in investing in the Nigeria-Morocco Gas Pipeline project, as reported by Voice of Naija. This announcement was made by Nigeria’s Minister of Finance, Wale Edun, during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank. Edun......

Strengthening ties: Morocco and China at the forefront of industrial partnership

Morocco’s trade minister delivered a compelling address at the China-Arab States Cooperation Forum, which is hosting over 1,000 participants, including local economic operators and Moroccan entrepreneurs based in China. This year, Morocco is honored as the guest of honor at the forum, a distinction......

Catalonia emerges as the top destination for foreign job seekers in Spain

In recent years, Catalonia has established itself as the premier choice for foreigners seeking employment in Spain. According to new data, 24 percent of individuals who arrived in Spain since 2015 have opted to settle in this northeastern region, surpassing Madrid, which attracts 20.3 percent of job......

Integrating immigrants: A solution to Europe's demographic challenges

Europe is on the brink of a demographic shift, with its population set to decline in many countries due to an aging populace and a falling birth rate. A recent study highlights that the integration of immigrants into the workforce is essential for sustaining both societies and economies across the continent. Europe's......

Morocco’s high-speed rail connecting Casablanca and Tangier

The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......

Record investments and job creation in the eastern region by 2024

The Regional Investment Center for the Oriental Region has announced an impressive forecast for 2024, with the Unified Regional Investment Committee approving 239 projects from a total of 506 proposals, amounting to 21.6 billion dirhams in investments. These initiatives are projected to generate over......

Spain's prefab homes: a solution for the housing crisis and a boost to self-image

In a significant initiative to tackle Spain's housing crisis, Prime Minister Pedro Sánchez has unveiled a new National Development Plan, committing €1.3 billion over the next decade to industrialize housing. This ambitious plan aims to produce 15,000 housing units annually, addressing......

World Bank report highlights challenges for businesses in Morocco's informal sector

A new World Bank report has spotlighted a troubling trend within the Middle East and North Africa (MENA): since 2000, per capita GDP growth in the region has consistently lagged behind that of comparable economies. This stagnation is largely attributed to the underperformance of the private sector, which......

Morocco's high-speed rail project highlights national workforce expertise

Morocco’s National Railway Office (ONCF) has underscored the significance of the nation's skilled workforce engaged in the recently inaugurated Kenitra-Marrakech high-speed line project. Khalid Khairane, director of high-speed line projects at ONCF, announced on Thursday that the new line......

Finding the best second-hand cars in Spain: a comprehensive guide

Looking to buy a second-hand car in Spain? Exploring trustworthy options and websites is essential to secure the best deal. When considering a second-hand car purchase in Spain, various avenues are available. You might buy from a neighbor or a friend, visit a car dealership, search online, or even discover......

Navigating Spain's Wealth Tax: A Guide for Foreign Investors

Spain's wealth tax, known as el impuesto de patrimonio, is primarily administered at a regional level, allowing autonomous communities to provide various discounts and exemptions that can be particularly advantageous for high-income foreigners. Understanding these nuances is crucial for those looking......