Morocco Raises Minimum Cigarette Prices to 22 Dirhams in New Tobacco Policy
7 January 2021
Morocco has adopted a new pricing grid for cigarettes, in order to regulate product accessibility and generate some tax revenue.
Economy
Morocco Unveils Tax Relief Measures in New Local Taxation Law
7 January 2021
The new law on local taxation has been in force in the kingdom since January 1, 2021. It contains many modifications, beneficial to taxpayers.
Morocco Gears Up for Influx of Israeli Tourists, Boosting Tourism Sector
7 January 2021
Pending the reception of Israeli tourists announced for mid-March, the Moroccan National Tourist Office (ONMT) has launched a study on the expectations of these vacationers who (…)
Morocco’s Dakhla Atlantique Port to Boost Southern Economy with New Industrial Zones
7 January 2021
The creation of economic activity zones at the new Dakhla Atlantique Port is a concern for the authorities. These zones will serve as a logistical and economic tool to (…)
Morocco’s Auto Sales Plummet 20% in 2023, Dacia Leads Declining Market
7 January 2021
The automotive sector experienced a disastrous end of the year with sales down nearly 20%, for a total volume of 133,315 vehicles. In the top 3 of sales are Dacia, Renault and (…)
Royal Air Maroc Launches Direct Flights Between Casablanca and Dubai
7 January 2021
The airline Royal Air Maroc (RAM) is preparing to launch, starting March 28, 2021, a new direct air route connecting Casablanca to Dubai, with three frequencies per week.
Moroccan and Israeli Business Leaders Meet to Boost Economic Ties After Normalization
7 January 2021
The employers’ associations of Morocco and Israel organized several virtual meetings on Monday, January 4th to discuss initiatives to boost economic cooperation between the two (…)
Morocco’s Untapped Export Potential Could Reach $15 Billion, Study Finds
7 January 2021
Morocco has an enormous unexploited export potential estimated at $15 billion. This is revealed by a study on the exportable supply of the kingdom conducted by the Moroccan (…)
Fez Road Construction Halted: Residents Frustrated as Major Thoroughfares Left Unfinished
7 January 2021
All the redevelopment sites of the main roads in Fez are at a standstill and constitute a danger for citizens. The authorities claim that the work will soon resume, but the (…)
Morocco’s Economy Shows Signs of Recovery with 0.5% Growth in Q1 2021
7 January 2021
The Moroccan economy should experience growth of 0.5% in the first quarter "in annual variation, after four consecutive quarters of decline", according to the High Commission (…)