Morocco automotive industry

Spanish, Moroccan relations strong against all odds

Morocco and Spain managed in recent years to upgrade their bilateral relations into a comprehensive strategic partnership that covers security and migration cooperation along with economic and cultural ones. “Spain is Morocco’s first trading partner as the two countries are bound by exemplary cooperation,” the Moroccan and Spanish foreign ministries said in a joint statement […]

Morocco sixth largest wheat importer in 2024- FAO

Morocco’s wheat imports are expected to grow to 7.5 million tons due to an adverse impact of rain deficit on domestic harvest, making the country the sixth largest importer globally, FAO reported. Morocco’s wheat imports were only exceeded by Egypt followed by Indonesia, Turkey, China and Algeria, the FAO said in its Food Outlook report […]

Egypt negotiates €4 billion financing deal with EU

Egypt is in talks with the European Union (EU) to secure €4 billion ($4.2 billion) in financial assistance to support its ongoing reform efforts. The funds, which are expected to be allocated for budget support rather than specific projects, are part of Egypt’s broader strategy to stabilize its economy amid external challenges. Minister of Planning, […]