Royal Air Maroc Expands Network with 5 New Routes, Including Paris to Marrakech
25 October 2022
Royal Air Maroc (RAM) continues to reopen its global network. In its new flight program, the airline has announced the launch of five new air routes.
Economy
Morocco’s Civil Service Reaches 565,429 Employees in 2023, Government Report Shows
25 October 2022
The data recorded in the report on human resources accompanying the 2023 Finance Bill indicate that Morocco has 565,429 civil servants this year.
Moroccan Civil Service Salaries Rise 15% Over Past Decade, Government Report Shows
24 October 2022
Between 2012 and 2022, the average salary in the Moroccan civil service increased by 15.1%, according to the Ministry of Economy and Finance.
Egyptian Tycoon Sawiris Eyes $100 Million Investment in Morocco’s Tech Sector
24 October 2022
Naguib Sawiris, Egyptian businessman, plans to invest $100 million in Morocco in the new technologies sector. His Orascom group is targeting the electric vehicle battery industry.
Morocco to Introduce Housing Assistance Program in 2023 Budget
24 October 2022
The government plans to introduce housing assistance in the 2023 budget for eligible buyers.
Morocco to Reinstate Solidarity Tax for Social Protection Funding
24 October 2022
The government plans to reintroduce in 2023 the solidarity tax on profits to ensure better financing of the project to universalize social protection.
Massive Fish Die-Off in Morocco’s Moulouya River Sparks Environmental Investigation
23 October 2022
An investigation was launched following the alert on the tragic fate of thousands of dead fish on the banks of the Moulouya River. While the water analysis of the Oued is still (…)
Moroccan Dirham Weakens Against Euro and Dollar as Foreign Reserves Dip
23 October 2022
The Moroccan currency depreciated by 0.72% against the euro and 0.13% against the US dollar during the period from October 13 to 19, 2022, according to data published by Bank (…)
Morocco Awaits FATF Decision on Money Laundering Gray List Status
22 October 2022
The Financial Action Task Force (FATF), the international body for combating money laundering, announced that the decision to remove Morocco from the gray list has not yet been (…)
Morocco Projects $1.4 Billion in Tobacco and Alcohol Tax Revenue for 2023
22 October 2022
According to the 2023 Finance Bill, the public treasury expects to record revenues from the various taxes in force on cigarettes and alcohol, amounting to 14.4 billion dirhams.