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Latest Morocco News – Page 24

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Renault delays a Dacia made in Morocco to avoid overshadowing the Clio
Morocco

Renault delays a Dacia made in Morocco to avoid overshadowing the Clio

Renault is reportedly postponing the launch of the Sandero hybrid produced in Morocco in order to protect the debut of its new Clio. The decision highlights Renault’s reassertion of control over Dacia, which has become particularly profitable but also increasingly competitive with its parent company.

A $5,000 lump-sum tax costs a Moroccan company €107,130 in France
France

A $5,000 lump-sum tax costs a Moroccan company €107,130 in France

A holding company based in Morocco asked the French tax authorities to refund €107,130 withheld from its dividends. The courts refused: its Moroccan lump-sum tax does not qualify it for the exemption provided for under the agreement between the two countries.

Latest News

Morocco now worries Italy’s automotive industryWorld
World

Morocco now worries Italy’s automotive industry

Morocco is now among the concerns of Italy’s automotive industry. The head of ANFIA fears that future European legislation intended to protect the continent’s factories could ultimately encourage imports from the Kingdom and Turkey.

Moroccan households could soon sell electricityMorocco
Morocco

Moroccan households could soon sell electricity

Moroccan households could produce their own solar electricity and sell the surplus to the grid. The measure is included in the RNI’s electoral programme, which also promises the installation of photovoltaic panels without an initial financial contribution from families.

This Moroccan Mine Could Generate Nearly $11 BillionMorocco
Morocco

This Moroccan Mine Could Generate Nearly $11 Billion

The Boumadine mining project in Morocco could generate nearly $11 billion in revenue over fourteen years. A new study by Aya Gold & Silver sharply increases the estimated economic value of this gold, silver, zinc and lead deposit.