Israeli Investors Eye Morocco Following US Sahara Recognition
12 December 2020
In the wake of the American recognition of the Moroccanness of the Sahara, Israelis, especially of Moroccan origin, are expressing their willingness to invest in Morocco.
Economy
US Pledges $3 Billion Investment in Morocco Following Israel Normalization Deal
12 December 2020
The United States plans to invest $3 billion in Morocco. An announcement that follows the normalization of diplomatic relations between the kingdom and Israel and the (…)
EasyJet to Resume Flights from France to Marrakech for Holiday Season
12 December 2020
The Moroccan National Tourist Office (ONMT) and the airline EasyJet are working to launch a program of flights from France to Marrakech for the year-end holiday period starting (…)
Japanese Medical Giant Nipro Expands to Morocco, Boosting Healthcare and Jobs
12 December 2020
Present on five continents, Nipro Corporation Japan (NCJ) through Nipro Medical Europe (NME) has just set up its subsidiary called Nipro Medical Morocco (NMM) in Morocco. A new (…)
US Nears Deal to Sell Advanced SeaGuardian Drones to Morocco
12 December 2020
The United States is currently negotiating the sale to Morocco of sophisticated SeaGuardian MQ-9B aerial drones manufactured by the company General Atomics.
French Authorities Launch Audit of Yves Saint Laurent Foundation’s Moroccan Museums
12 December 2020
The French Ministry of the Interior has decided to audit the accounts of the Bergé-Yves Saint Laurent Paris Foundation, which has a subsidiary in Morocco. It has thus ordered a (…)
Agadir Airport Sees 68% Plunge in Passenger Traffic Amid Pandemic
12 December 2020
The Agadir-Al Massira airport recorded a 68% drop in passenger traffic at the end of October 2020, according to statistics from the National Airports Office (ONDA).
Morocco Extends Informal Sector Amnesty for Another Year, Aiming to Boost Tax Compliance
11 December 2020
The amnesty on the informal sector has been renewed for one year in Morocco. This measure aimed at integrating certain activities into the organized sector, offers a second (…)
H&M Faces Racism Probe in Sweden Over Alleged Store Discrimination
11 December 2020
In Sweden, H&M is the subject of an investigation following a report showing a woman victim of discrimination in one of its stores. The brand is accused of racism.
Morocco Unveils 2021 Budget: New Tax Measures for Businesses and Households
11 December 2020
The 2021 Finance Bill, adopted on second reading by the first Chamber of the Moroccan Parliament, has completed the legislative process and will come into force upon its (…)