Morocco’s King Unveils New Investment Charter to Boost Private Sector Growth
17 February 2022
Morocco will soon have a new investment charter. The new roadmap was the subject of a working session on Wednesday, chaired by King Mohammed VI.
Economy
Sound Energy Begins Construction on Moroccan Gas Facility in Tendrara
17 February 2022
Sound Energy PLC announced on Wednesday that work on the first phase of the Tendrara onshore gas treatment and liquefaction facility will begin in the coming days.
Morocco Launches Dual Tourism Campaigns to Boost Domestic and International Travel
17 February 2022
Continuing its marketing plan put in place to boost the resumption of activities, the Moroccan National Tourist Office (ONMT) has launched two simultaneous campaigns to promote (…)
Morocco Unveils $200 Million Tourism Sector Aid Package Amid Pandemic Recovery
17 February 2022
The Ministry of Tourism has unveiled the distribution of the two billion allocated to support the tourism sector, which has been hit hard by the health crisis. Here are the (…)
Moroccan Expat Bank Deposits Surge to $20 Billion, Boosting National Economy
17 February 2022
At the end of December 2021, bank deposits increased by 5.2% to over 1,061 billion DH, according to the latest monetary statistics published by Bank Al-Maghrib.
Moroccan Transport Association Reverses 20% Price Hike Amid Fuel Crisis
16 February 2022
The decision of the Moroccan Association of Transport and Logistics (AMTL) to increase transport prices by 20% has been reported. Carriers are invited to apply the initial prices.
Morocco’s Alcohol Tax Revenue Surges, Exceeding Government Projections
15 February 2022
In 2021, revenue from fees imposed on the consumption of alcoholic beverages saw a significant increase, exceeding the government’s forecasts included in the Finance Act.
Morocco Ranks Among Top 6 Global Real Estate Investment Markets for 2022
15 February 2022
Morocco is among the six best international markets for real estate investment in 2022. This is the result of the ranking of a specialized platform.
Moroccan Dirham Weakens Against Euro and Dollar in Early 2022
15 February 2022
The Moroccan currency depreciated by 0.51% against the euro and 0.38% against the US dollar between December 2021 and January 2022, according to indicators published by Bank (…)
Morocco Sees 30% Surge in New Business Startups, Leading Maghreb Region
15 February 2022
The health crisis has boosted entrepreneurship in Morocco. A total of 58,408 new companies were created in 2021, an increase of 30% compared to 2020.