Moroccan Motorway Company Reports 5.3% Revenue Increase to 3.1 Billion Dirhams
27 February 2020
The Moroccan Motorway Company (ADM) saw its net tax revenue increase by 5.3% to reach 3.1 billion dirhams.
Economy
Drought Threatens Morocco’s Agriculture as Rain Scarcity Persists
26 February 2020
Concern is growing more and more in the agricultural world, with the rise in input prices; which is weighing down the agricultural season. And the climax comes from the (…)
Agadir Emerges as Yoga Tourism Hotspot on Morocco’s Atlantic Coast
26 February 2020
The yoga niche in the city of Agadir is taking on an important place within the tourist offerings. It remains a new attraction that will boost the tourism figures in the (…)
Coronavirus Disrupts China-Morocco Trade, Impacting Local Markets and Prices
26 February 2020
The Coronavirus epidemic is also leaving economic consequences in its wake, slowing down the imports of Chinese products. Merchants in the wholesale markets of Derb Omar, (…)
American Firm Predator Advances Gas Exploration in Morocco’s Promising Guercif Region
26 February 2020
As part of the implementation of its drilling program on the Guercif permits, the American oil company Predator has called on the Canadian company Star Valley Drilling. The (…)
Morocco Launches Tax Amnesty Program, Sets September 30 Deadline
26 February 2020
The tax amnesty has entered its operational phase. The Directorate General of Taxes (DGI) has disseminated all the forms dedicated to its subscription.
Former IMF Chief Strauss-Kahn Amasses Fortune Through Moroccan Consulting Firm
26 February 2020
After his legal troubles and his troubles in the business world, Dominique Strauss-Kahn had the time and opportunity to get back on his feet through his consulting firm, based (…)
Real Estate Developers Protest Rising Taxes, Demand Reform to Combat Housing Costs
25 February 2020
The multiplication of taxes in the real estate sector is provoking a reaction from developers who are calling for the reduction of some of them and the elimination of others. (…)
Ikea to Open Second Moroccan Store in Tetouan Outlet Development
25 February 2020
The Swedish brand Ikea, specialized in the design and retail sale of ready-to-assemble or kit furniture and home decor items, intends to open a new store in Morocco, more (…)
New Air Route Connects Morocco’s Guelmim to Spain’s Las Palmas for $150 Round Trip
24 February 2020
The two cities of Guelmim and Las Palmas will finally be connected by two weekly flights, on Wednesdays and Saturdays. The inaugural flight is scheduled for March 3rd.