Maroc Telecom Reports 9.1% Subscriber Growth Amid Pandemic Challenges
22 July 2020
The Maroc Telecom group is doing rather well despite the health crisis. This is evidenced by the latest figures published on the number of subscribers and turnover.
Economy
Morocco Simplifies Property Tax Clearance with New Online System
21 July 2020
The General Directorate of Local Authorities (TGR) wants to relax the conditions for obtaining the tax clearance certificate. From November 1, 2020, a single click will allow (…)
Morocco Faces Steepest Economic Decline in 25 Years Amid COVID-19 Crisis
21 July 2020
Morocco finds itself in a severe and historic recession since 1995 due to the health crisis related to covid-19. This is indicated in a World Bank monitoring report on the (…)
Moroccan Insurance Sector Faces 4.7% Decline Amid COVID-19 Crisis
21 July 2020
Like other sectors of the Moroccan economy, the insurance sector has also been hit hard by the global health crisis. To prevent the consequences on the financial balances of (…)
Morocco’s Tax Revenue Plummets, Straining Public Finances in First Half of Year
21 July 2020
The assessment for the first half of the year indicates that public finances are in poor condition. It shows a decrease in net ordinary revenue from tax refunds, rebates and (…)
Royal Air Maroc CEO Discusses Ticket Pricing and State Aid Amid Pandemic Recovery
21 July 2020
After restarting its activities, Royal Air Maroc is preparing to receive a financial aid of 6 billion dirhams from the State. In an interview with Challenge, Abdelhamid Addou (…)
Morocco Eases Lockdown Measures, Keeps Borders Closed to Foreign Tourists
21 July 2020
Morocco entered, on Monday, July 20, the third phase of the deconfinement process but its Moroccan borders will remain closed "until further notice" to foreign tourists except (…)
Royal Air Maroc Expands Domestic Flight Frequencies Across Morocco
21 July 2020
The airline Royal Air Maroc (RAM) increased, on Monday, July 20, 2020, the frequency of its domestic flights on the Casablanca-Dakhla, Casablanca-Oujda lines...
Government’s Real Estate Stimulus Measures Fall Short of Industry Expectations
19 July 2020
The government council has taken certain measures recorded in the draft amending finance law in order to revive the real estate sector affected by the coronavirus. However, (…)
Moroccan Business Group Proposes 10 Amendments to Boost Economy Amid Pandemic
19 July 2020
During a videoconference, the General Confederation of Moroccan Enterprises (CGEM) presented to the House of Advisors its 10 amendments to the Amended Finance Bill (PLFR 2020).