Peugeot 208 Crowned Morocco’s Car of the Year 2020
16 January 2020
The Peugeot 208 was named Car of the Year 2020 in Morocco on Wednesday, during the 11th edition of the Automotive Awards.
Economy
Morocco and Turkey to Renegotiate Free Trade Agreement Amid Trade Deficit Concerns
16 January 2020
After a meeting with his counterpart, Moulay Hafid Elalamy, Minister of Industry and Trade announced on Wednesday, January 15, 2020, that Morocco and Turkey will revise their (…)
Morocco’s Mortgage Rates Climb to 5.69% Amid Banking Liquidity Shifts
16 January 2020
Mortgage rates have risen by 35 basis points to 5.69%.
Morocco’s Treasury External Debt Reaches 151.4 Billion Dirhams, 14.5% of GDP
16 January 2020
The outstanding external debt of the Treasury stood at 151.4 billion dirhams at the end of September 2019; which is equivalent to 14.5% of GDP over the last three years.
Rabat Aims to Transform from Administrative Capital to Tourist Destination by 2020
16 January 2020
Rabat intends to gradually leave its status as an administrative capital to become a real tourist city. Its ambitions for 2020 are proof of this.
Fez Tourism Boom: 17 New Hotels to Add 1,300 Beds in $100 Million Investment
16 January 2020
In total, 17 tourist accommodation establishments are under construction in Fez for a total investment of 975.8 million DH.
Morocco’s Telecom Regulator Sets 4-Year Plan, Eyes 5G Rollout
16 January 2020
The National Telecommunications Regulatory Agency (ANRT) has defined new priorities for the telecoms sector for the next four years. This is the essence of the latest session (…)
Morocco Denies New Road Safety Taxes, Clarifies Existing Regulations
15 January 2020
Following rumors of the creation of new parafiscal taxes to be collected from users or an increase in their value for the benefit of the National Road Safety Agency, the (…)
Morocco Threatens to Cancel Trade Deal with Turkey Over Billion-Dollar Losses
15 January 2020
Morocco would be facing a huge shortfall due to the consequences of the free trade agreement with Turkey. Losses estimated at several billion dollars, according to the Moroccan (…)
Turkish Trade Minister Visits Morocco to Address Free Trade Agreement Tensions
15 January 2020
The climate is tense between Morocco and Turkey due to the disagreements stemming from the free trade agreement linking the two countries. This Wednesday, January 13, Ruhsar (…)