Massive Alcohol Smuggling Bust in Marrakech: Thousands of Illegal Bottles Seized
17 September 2020
A joint security commission carried out searches in several classified restaurants and alcohol depots in Marrakech. The harvest is striking.
Economy
Morocco’s Tax Revenue Drops 7.7% as Customs and Domestic Taxes Decline
17 September 2020
The Kingdom’s gross tax revenues fell by 7.7% at the end of August. This is due to the decline in customs revenues and domestic taxation.
Morocco’s Tourism Industry Faces Uncertainty as Border Closure Continues
17 September 2020
In the absence of a date for the reopening of Moroccan borders, tourism professionals are increasingly nourishing despair. They have no visibility on the resumption of their (…)
Casablanca Gym Owners Protest Extended COVID-19 Closures, Citing Health Benefits
16 September 2020
Unlike the sports & fitness halls in other cities that have reopened, those in Casablanca are closed due to the measures enacted to curb the spread of the coronavirus in (…)
Morocco Boosts Local Businesses with ’National Preference’ in Public Contracts
16 September 2020
Allowing Moroccan companies, especially SMEs and VSEs, to benefit from public orders for their recovery in this period of crisis, this is the whole meaning of the "national (…)
Moroccan Produce Prices Surge: Pandemic and Supply Issues Hit Casablanca Markets
16 September 2020
Due to the combined effects of the pandemic and the drop in production, fruit and vegetable prices are soaring in the Kingdom, particularly in Casablanca.
Morocco’s GDP Could Plummet 6.2% as Unpaid Loans and COVID-19 Threaten Economy
16 September 2020
The threat of unpaid loans weighs on public finances. Thus, GDP risks a 6.2% drop.
Morocco Extends Deadline for Declaring Foreign Assets to December 31
16 September 2020
An extension is granted for the voluntary disclosure operation for assets held abroad. The deadline, initially set for October 31, 2020, has been postponed to December 31.
Royal Air Maroc Suspends Multiple International Routes for Winter Season
16 September 2020
The airline Royal Air Maroc (RAM) has decided to suspend several routes for the upcoming winter season.
Morocco Unveils Ambitious Energy Transition Plan for 2030-2050
16 September 2020
Morocco is stepping up its efforts to accelerate the energy transition. The Economic, Social and Environmental Council (CESE) has published an opinion in the Official Bulletin.