Tourism Industry Faces Tax Crunch Amid Pandemic-Induced Losses
30 June 2020
Tourism professionals fear they will not be able to pay the professional tax due before June 30. And for good reason, the three months of inactivity and other tax deadlines.
Economy
Fez Artisans Struggle to Revive Craft Businesses After COVID-19 Shutdown
30 June 2020
Professionals in the craft sector operating in Fez are gradually resuming their activities after three months of shutdown due to the entry into force of the state of health (…)
Morocco Slashes Prices on Over 100 Medications, Including Cancer and Heart Drugs
29 June 2020
The Ministry of Health has revised the prices of more than 100 drugs downward. The ministerial order enshrining this reduction was published in the latest official bulletin of (…)
Royal Air Maroc Faces Backlash Over Unfulfilled Flight Vouchers Amid Pandemic
29 June 2020
The airline Royal Air Maroc (RAM) has not yet honored its promise to distribute new tickets to its customers whose flights had been suspended after the entry into force of the (…)
Morocco’s Tax Base Expands: Over 370,000 New Taxpayers Identified in 2019
29 June 2020
According to the 2019 activity report of the Directorate General of Taxes (DGI), a total of 371,192 new taxpayers were identified in 2019 compared to 199,816 in 2018, an (…)
Morocco Approves $2.3 Billion in New Investments, Creating Over 8,500 Jobs
29 June 2020
Morocco continues to attract investors despite the health crisis related to the coronavirus. The overall investment volume is evidence of this.
Aerospace Firm Daher to Cut 1,300 Jobs Amid Industry Downturn
28 June 2020
The aerospace equipment manufacturer Daher will proceed with the elimination of 1,300 permanent contract positions as part of a restructuring plan, after those already (…)
Moroccan Dirham Weakens Against Euro, Strengthens vs Dollar in Latest Week
28 June 2020
The dirham depreciated by 0.14% against the euro and appreciated by 0.40% against the dollar, during the period from June 18 to 24.
TUI Fly Launches New Summer Route from Lille to Fez, Morocco
28 June 2020
TUI Fly will operate flights from Lille airport to Morocco starting July 21. This is the new destination the company is offering to travelers this summer.
Moroccan Bus Assembly Hits 41% Local Integration, Aims for 60%
28 June 2020
As part of the renewal of the urban transport fleet in Casablanca, Irizar Maroc is responsible for assembling buses in the kingdom. It reaches a local integration rate of 41% (…)