Spanish president wants parliament to recognize Palestine state by July
"We have to think seriously about doing it this semester," Sanchez told a group of Spanish journalists accompanying him on a tour of three Middle East countries Sanchez had said on March 9 he would propose that parliament vote in favor of this recognition by the end of the current...Spain grabs 3% Telefonica stake after concerns over Saudi deal
Madrid, Spain - Spain's government has acquired a three-percent stake in telecoms giant Telefonica following concerns over a Saudi firm taking a piece of a company that Madrid considers strategically important. Spanish state-owned holding company SEPI said in a filing with the stock market regulator late Monday that the move was...EDGE Group, Indra form JV
It will make next-generation radar systems in UAE.Spain to increase UNRWA funding after donors suspend aid
MADRID, SPAIN - Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to the UN Palestinian refugee agency UNRWA, which is facing a cash crunch after several nations suspended their funding. Over a dozen countries, including major donors the United States, Germany, Britain...Thousands march in Spain against Gaza ‘genocide’
Waving Palestinian flags and shouting slogans denouncing Israel, protestors expressed gratitude to South Africa for having brought the case against Israel to the International Court of Justice (ICJ). Spain has been one of the most critical voices in Europe of Israel's offensive against Hamas and was one of those to...US Federal Reserve calls for better supervision of banks
US Federal Reserve Chair Jerome Powell said stronger regulation and greater agility was required in supervising the banking sector following a string of high-profile failures earlier this year. "We need to strengthen both regulation and supervision," Powell told a banking conference in Madrid, referring to the turmoil that hit the...Global tourism industry is on track to reach pre-pandemic levels
MADRID, SPAIN - The World Tourism Barometer published its second report of the year, which showed that international tourism is making a strong comeback to pre-pandemic levels. During the first quarter of 2023, twice as many people traveled internationally than in the same period of 2022, with a total of...Iran sets free Spanish woman in custody since November
Madrid, Spain - Iran has released a Spanish woman who had been detained in the country since November, Spain's foreign minister said Sunday. "She was freed yesterday, but we didn't want to announce it publicly before her plane had taken off from Iran," Jose Manuel Albares told journalists. "I was able...Santander 2022 profit at $10.6bn
The bank's profit got a boost due to higher interest rates.Tourism recovery reaches 65% of pre-pandemic levels
An estimated 340 million international arrivals were recorded in the third quarter of 2022 alone, almost 50% of the nine-month total.Telefonica Q3 profit at $450m
Q3 revenue was up 11.6 percent at US$10.11 billion.Inditex sells Russian business to Middle Eastern Daher Group
Inditex closed its over 500 stores in Russia in March.Spain says new gas pipeline may take 7 years to build
A planned underwater energy pipeline linking Barcelona in Spain and Marseille in France could take up to seven years to build, Spain's energy minister said.Expanding NATO squares up to Russia as Putin slams ‘imperial’ alliance
The United States vowed to reinforce Europe's defences in the wake of Russia's invasion of Ukraine, as NATO declared Moscow the West's greatest threat -- prompting Vladimir Putin to lash out at the alliance's "imperial ambitions". Meeting in Madrid Wednesday, NATO leaders said Russia "is the most significant and direct...No concessions given to Turkey to support Finland, Sweden: US
The United States said Tuesday that no concessions were given to Turkey to secure its green light for Swedish and Finnish entry into NATO at the start of the alliance's summit in Madrid. "There was no request from the Turkish side for the Americans to make a particular concession," a...Morocco, Spain agree to bolster migration cooperation
Morocco and Spain on Friday committed to strengthening cooperation on irregular migration following a reset in relations after a months-long rift. "Faced with the shared challenges leading from the action of migrant trafficking networks and the unstable regional environment, the two parties decided to strengthen their coordination and information exchange...Algeria threatens to cut gas contract with Spain
Gas giant Algeria threatened Wednesday to break a contract to supply gas to Spain if Madrid transferred it onwards to "a third destination", amid tensions with regional rival Morocco. Algeria's state-owned energy giant Sonatrach supplied more than 40 percent of Madrid's natural gas imports in 2021.Algeria demands W.Sahara ‘clarifications’ from Madrid
Algeria, which backs the Polisario independence movement in the former Spanish colony, had in March recalled its envoy to Madrid.Polisario breaks ties with Spain as Western Sahara crisis deepens
Spain on March 18 said it had agreed to publicly recognize Rabat's autonomy plan — a longtime demand from Morocco — for the territory, ending a decades-long stance of neutrality.Spain’s Sanchez visits Morocco as tensions ease
The move came after Madrid reversed decades of neutrality on the Western Sahara conflict in a U-turn that has angered Algeria.Algeria warns of possible gas price rise for Spain
Algiers last month recalled its ambassador from Madrid in protest at a decision by Spain to back a Moroccan autonomy plan for the ex-Spanish colony of Western Sahara.Saudi Arabia’s Rijal Almaa in list of best tourist villages in world
UNWTO selected Rijal Almaa among 175 participating entities representing 75 countries.
























