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Economy
Morocco's military spending has seen a notable increase of 2.6% in 2024, amounting to $5.5 billion. This growth is largely attributed to an enhanced personnel budget for the Royal Armed Forces (FAR) and aligns with a broader global trend, where military expenditures have surged by 9.4% compared to......
The tariff policies imposed by the United States have long had a significant impact on international trade, influencing both partner economies and diplomatic relations. In recent years, U.S. trade policy has shifted towards tariff hikes, economic sanctions, and a clear intention to protect domestic industries......
Morocco’s journey in energy transition appears to be on track, as the country’s energy efficiency approach is projected to yield energy savings of 20% by 2030. The Moroccan Energy Investment Company (SIE) has recently launched a call for interest aimed at selecting industrial companies that......
A new architectural landmark for Morocco La tour Mohammed VI, soon to be inaugurated, is poised to claim its place as the tallest building on the African continent. Rising majestically along the banks of the Bouregreg River, this striking structure will not only transform the Rabat–Salé......
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......
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......
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......
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......
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......
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......
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......
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......
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......