Morocco Implements Tax Reforms to Exit EU Tax Haven Blacklist
30 October 2019
Morocco is working to get out of its tax haven status. In this sense, several measures have been introduced in the 2020 Finance Bill.
Economy
Moroccan Insulin Maker Seeks Extension of Anti-Dumping Measures Against Danish Rival
29 October 2019
The Sothema and Novonordisk Laboratories have been at loggerheads since the implementation of the anti-dumping shield in 2012. The Danish manufacturer has been subject to a (…)
Interim CGEM President Named After Mezouar’s Sudden Resignation
29 October 2019
On October 13, Salaheddine Mezouar, then President of the General Confederation of Moroccan Enterprises (CGEM), had sent, by email, to all his collaborators, his letter of (…)
SDX Energy Plans 12 New Gas Wells in Morocco to Boost Production
29 October 2019
By scheduling 12 new wells as part of its new campaign, SDX Energy intends to produce 15 billion cubic feet of raw gas. This campaign is expected to be completed in the first (…)
Moroccan Hotel Crowned ’Best Business Hotel in Africa’ at Prestigious Awards
29 October 2019
It is a recognition and a crowning of the efforts made for many years by the Casablanca hotel, which has just won the award for "Best Business Hotel in Africa" with the (…)
Moroccan-UK Trade Hits 18.3 Billion Dirhams, Expats Send 5 Billion Home
28 October 2019
Annual trade between Morocco and the United Kingdom represents 4% of total trade with the European Union (EU). According to statements by Nasser Bourita, Minister of Foreign (…)
Moroccan Dirham Gains Against Dollar, Slips Versus Euro as Reserves Hold Steady
28 October 2019
The Moroccan currency appreciated by 0.34% against the dollar and depreciated by 0.34% against the euro during the period from October 17 to 23, 2019. This is the main point to (…)
Morocco’s Real Estate Market Faces Uneven Recovery Amid Economic Challenges
26 October 2019
Real estate is struggling to regain its glory days. The sector is divided between economic recession, stagnation and a slight economic upturn.
City Club to Invest 100 Million DH in Fitness Equipment, Plans 40 New Women-Only Gyms in Morocco
25 October 2019
City club wants to invest 100 million DH to renew the entire fleet of machines. This decision shows the ambition of the brand in Morocco.
Morocco Invests 35 Billion Dirhams in Road Infrastructure Since 2012
25 October 2019
Morocco has invested heavily in road infrastructure over the past seven years. A total of 149 partnership agreements have been concluded in this area by the Ministry of (…)