Morocco Invests $11 Million in New Fruit and Vegetable Packaging Facility in Dakhla
7 February 2020
A fruit and vegetable packaging station will be built in Dakhla. The launch of the construction site will take place in the coming weeks.
Economy
Morocco Unveils $450 Million Plan to Modernize Shipbuilding Industry by 2030
6 February 2020
After establishing itself in the automotive and aeronautics sectors, Morocco wants to revolutionize the naval industry, both civilian and military. In this sense, it is (…)
Moroccan Army Places $21 Million Order for Frozen Meats to Feed Troops
6 February 2020
The Moroccan army has placed a new order for frozen meats worth $21 million for the benefit of its troops.
Morocco Welcomes Record 13 Million Tourists in 2019, Boosting Tourism Sector
6 February 2020
Morocco attracted a record number of tourists in 2019. In total, 13 million tourists visited the kingdom, an increase of 5.2% compared to 2018.
Morocco’s Foreign Direct Investment Plummets 47% in 2019, Office Reports
6 February 2020
The flow of foreign direct investment in Morocco fell by 46.8%, or nearly 18 billion dirhams at the end of December, compared to 34.16 billion dirhams a year earlier.
Moroccan Call Center Giant Intelcia Expands to US Market
6 February 2020
The Moroccan group Intelcia will be established in the United States in the very near future.
Jailed Moroccan Publisher Seeks Buyer for Struggling Media Group Amid Financial Crisis
5 February 2020
Taoufik Bouachrine, in prison for human trafficking and rape, would intend to sell his press group to Moulay Hafid El Alamy, businessman and Minister of Industry, Trade and (…)
Morocco Offers Tax Amnesty for Rental Income Holders Until July 2020
5 February 2020
Holders of rental income can now benefit not only from the exemption from payment of tax, but also from the automatic cancellation of increases, fines and penalties.
Maroc Telecom Shares Plummet 7.52% After Record Fine Announcement
5 February 2020
The value of Itissalat Al Maghrib (IAM) or the Maroc Telecom share recorded a dizzying drop of 7.52% in a single day on Monday, February 3, 2020. The reason is the record fine (…)
IMF Chief Georgieva to Visit Morocco for Economic Talks
5 February 2020
Kristalina Georgieva, the new Managing Director of the International Monetary Fund (IMF), is expected in Morocco as early as February 19 on economic development issues.