Diesel Prices Drop 20 Cents per Liter in Morocco
18 December 2024
Fuel prices, particularly diesel, continue to fall in Morocco. This will lighten the bill for motorists.
Economy
Stellantis Expands Production of Award-Winning Engine to Morocco Plant
18 December 2024
To meet growing demand, Stellantis will increase production of its 3-cylinder turbocharged PureTech gasoline engine. The automotive group has decided to expand its production (…)
Moroccan Tourists Increasingly Choose Spain for Year-End Holidays
18 December 2024
Many Moroccans, especially those from the north of the kingdom - prefer to spend their year-end holidays abroad, particularly in Spain.
Morocco’s Gas Exploration Lags Behind Global and Regional Averages, Audit Finds
17 December 2024
The density of drilling carried out in Morocco has reached only four wells per 10,000 square kilometers, compared to the global average of 1,000 wells for the same area. This (…)
Morocco Turns to European Imports to Address Olive Oil Shortage
17 December 2024
Faced with the drop in olive production and the sharp rise in the price of olive oil, Morocco is turning to Spain, Tunisia, Italy and France to import virgin and extra virgin (…)
Morocco Set to Overtake Egypt as Africa’s Top Tourist Destination in 2024
17 December 2024
Moroccan tourism is experiencing strong growth. According to a French media, Morocco "should become the most visited country in Africa in 2024, just ahead of Egypt."
Morocco Intensifies Crackdown on Money Laundering and Terrorist Financing
16 December 2024
Morocco is stepping up its fight against illegal financial circuits. The National Financial Intelligence Authority (ANRF) has just published its annual report for the year (…)
Morocco’s Tax Amnesty Program Nears Deadline for Undeclared Income
15 December 2024
Moroccan taxpayers wishing to bring their declared income into compliance have only a few days left to file their requests for regularization.
Former Moroccan Royal Castle in France Listed for €180 Million
15 December 2024
In France, the former castle of King Mohammed VI, inherited from his father, the late Hassan II, located in the commune of Gretz-Armainvilliers, in Seine-et-Marne, has been put (…)
New Investment Chief Aims to Revitalize Northern Morocco’s Economy
15 December 2024
Business leaders and investors in northern Morocco have high expectations of Yassine Tazi, the new director of the Regional Investment Center (CRI) of the Tanger-Tétouan-Al (…)