Economy

The proliferation of dubious company divestitures is raising the suspicions of the central control services of the Directorate General of Taxes (DGI).
Based on the reports from the investigation service, data processing and monitoring of digital activities within the department, the central control services of the Directorate General of Taxes (DGI) have launched an in-depth audit operation concerning the proliferation of divestitures of dubious companies with no real commercial, (…)

The construction of an underwater tunnel between Spain and Morocco is certainly an ambitious project, but it faces implementation challenges.
"As an engineer who has worked on many large-scale infrastructure projects, I’ve seen what it takes to turn ambitious ideas into concrete realities. And this one is, without a doubt, among the most daring. [...] An underwater tunnel between Europe and Africa would be a historic engineering feat, but it would be anything but easy to build," comments (…)

The German brand Opel is restyling Rock Electric, its 100% electric light quadricycle, and renaming it Rocks, a vehicle produced in Morocco.
After Rocks-e, the German electric quadricycle renamed Rocks Electric, Opel is launching Rocks, a restyled version of the previous model. Produced at the Stellantis plant in Kenitra, Morocco, this new model offers a bold design and emission-free mobility. What about the unchanged performance? This electric quadricycle for young people from the age of (…)

According to the ranking of a specialized website, a Moroccan village is among the five best-preserved fortified destinations in the world, with the most incredible walls.
Aït Benhaddou (Morocco) ranks fifth in the ranking of the 14 best-preserved fortified destinations in the world, established by MailOnline Travel. Located 30 km from Ouarzazate, in the Ounila valley, south of Télouet, the stronghold of the Glaoui, a valley that was a traditional passage point for the caravans connecting (…)

The national airline Royal Air Maroc (RAM) was rewarded at the 30th edition of the Travelranking Awards, organized by a magazine specialized in the professional tourism sector, in Madrid, Spain.
Royal Air Maroc (RAM) was elected best airline connecting Spain to the African continent at the 30th edition of the Travelranking Award, organized by the magazine specialized in the professional tourism sector AGENTTRAVEL at the Meliá Castilla hotel in Madrid. It owes this award to its continuous (…)

Future passengers destined for Morocco from France are dissatisfied with Ryanair. At the origin of this anger, the disengagement of the Irish low-cost from the Marne platform, in Bussy-Lettrée (Marne), which does not offer any refund for trips after March 31.
The increase in the solidarity tax on airline tickets (TSBA) is forcing Ryanair to leave the Marne airport of Vatry, recently renamed XCR Airport, as of March 31. This disengagement of the Irish low-cost from the Marne platform is (…)

The British low-cost airline Easyjet informs its customers bound for Morocco and other countries such as Egypt, Turkey, Tunisia and Jordan that, with the approach of the Easter period and its traditional flows of travelers, reinforced security arrangements now frame air links to the United Kingdom.
The United Kingdom is tightening controls at its airports. EasyJet is urging its customers to "carefully check the validity of their passport" before departure, in order to avoid any delays or (…)

The National Airports Office (ONDA) plans to build a new hub-style terminal at Mohammed V Airport in Casablanca, to accommodate 20 million passengers per year. The investment cost is around 15 billion dirhams.
The National Airports Office (ONDA) is thinking big. It is carrying a project to build a new terminal at Mohammed V Airport in Casablanca. Designed in the shape of an "H", this ambitious project aims not only to meet the requirements of hub operation in line with international (…)

Manchester will be connected to Rabat by a new air link. Ryanair has announced its intention to launch this direct flight starting March 30. This new route brings to five the number of Moroccan destinations served from Manchester Airport.
Rabat will thus be added to Tangier, Casablanca, Marrakech and Agadir, which already have direct flights from Manchester. Flights between Rabat and Manchester will operate twice a week, on Wednesdays and Sundays. This frequency is intended to meet the (…)

Concerned about the impact of the European directive regulating the presence of foreign banks on the territory of the European Union (EU) on the flow of remittances from Moroccans living abroad (MRE), Bank Al-Maghrib (BAM), several banks, the Ministry of Foreign Affairs and the Ministry of Economy and Finance are working in synergy to circumvent the obstacles.
"This is an issue that we take very seriously, as it weighs on both the balance of payments and bank deposits, of which MRE (…)