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Morocco becomes Spain’s top fresh produce supplier

Morocco emerged as Spain’s largest fresh fruit and vegetable supplier in the first five months of 2025, delivering €834 million worth of produce and achieving a remarkable 30% year-over-year growth, according to official Spanish data. The significant performance places Morocco well ahead of traditional European suppliers, with France ranking second at €234 million—representing a 6% […]

Libya: HoR approves Fathi Bashagha-proposed budget

Libya’s parliament, The House of Representatives (HoR), voted in favor of a budget worth around $18 billion proposed by Fathi Bashagha, the legislature’s choice for the job of Prime Minister. “The State’s General Budget Law for the year 2022 was unanimously approved,” said HoR Spokesman, Abdulla Beihiq following a session held in Sirte. 103 members […]

S&P Global Ratings maintains Morocco’s rating at BB+, says economic outlook remains stable

S&P Global Ratings maintained Morocco’s rating unchanged at BB+ for the second year, citing the country’s strong sovereign credit, and projected that Moroccan economy will expand by 1.4% this year, after bouncing back by 7.9% in 2021. Representing the country’s ability to meet its financial obligations, the S&P rating shows that Morocco’s creditworthiness is largely […]