Morocco Adjusts Late Payment Penalties, Lowers Interest Rate
20 December 2024
The Directorate General of Taxes (DGI) of Morocco has announced a modification of the penalties for late payment of invoices. And it’s rather good news.
Economy
Alibaba Launches First African Site in Morocco, Eyeing Export Growth
20 December 2024
On the sidelines of a launch event organized in partnership with the Moroccan Confederation of Exporters (ASMEX) and the Moroccan Agency for Investment and Export Development (…)
Air Arabia Maroc Launches Direct Flights Between Fez and Milan-Bergamo
19 December 2024
Air Arabia Maroc has just announced the expansion of its offers from Europe, according to an official press release.
French Construction Firm NGE Secures First Moroccan Railway Contract
18 December 2024
The NGE group, a major player in the construction industry in France, has just taken an important step in its international development. It has won its very first railway (…)
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.
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."