Moroccan Airports See Record 21 Million Passengers in 2019, Up 12%
23 November 2019
Moroccan airports recorded a record number of passengers, with an annual increase of 11.76% for the first ten months of 2019.
Economy
Morocco Considers Ending Free Trade Deal with Turkey Amid Growing Deficit
23 November 2019
Morocco could terminate its free trade agreement with Turkey. The cause is a staggering trade deficit.
Morocco Revises Tax Policy: Landlords to Pay Income Tax Only on Collected Rent
23 November 2019
Landlords’ Income Tax (IR) on rental income will now only be paid on rents received. This is one of the new measures just adopted by the tax authorities.
Air Europa Expands Routes: New Flights Connect Spain to Morocco
22 November 2019
The Spanish airline Air Europa is preparing to launch next spring five new routes connecting Palma de Mallorca to Casablanca, Marrakech and Nador, and Malaga to Casablanca and (…)
Morocco’s Marrakech-Agadir High-Speed Rail: Cornerstone of Economic Vision
22 November 2019
The new High Speed Line (LGV) connecting Marrakech to Agadir should be seen as the foundation of the new development system that King Mohammed VI is working to imprint on Morocco.
Morocco Ranked Among Safest Tourist Destinations for 2020
22 November 2019
The year 2020 should be a beneficial year for Moroccan tourism. Indeed, the kingdom is not on the list established by the risk expert group, "International SOS".
Morocco Reports Surge in Money Laundering Investigations
22 November 2019
More than 1,000 suspicious declarations related to cases of money laundering and terrorist financing have been received by the Financial Intelligence Processing Unit.
Thousands of Illegal Food Companies Uncovered in Morocco, Posing Health Risks
22 November 2019
3,000 food companies have been flagged by the National Office of Food Safety (ONSSA). They are operating in total illegality as they do not have any approval or even a health (…)
Morocco to Build 300 MW Wind Farm in Boujdour, Advancing Renewable Energy Goals
21 November 2019
A wind farm with a capacity of 300 MW will soon be built in Boujdour. The signing of the contracts for the implementation of this project took place between the National Office (…)
ContiTech to Open $3.9 Million Auto Parts Factory in Tangier, Morocco
21 November 2019
The specialist in automotive air conditioning systems (HVAC), ContiTech, plans to install a new factory in Morocco in the coming months. It is Tanger automotive city, in the (…)