Morocco Introduces New Banking Rules for Hajj Pilgrimage Expenses
30 December 2019
The Foreign Exchange Office has set new rules governing transfers related to the accommodation costs of Moroccan pilgrims in Saudi Arabia.
Economy
Morocco’s "Little Switzerland" Ifrane Draws Winter Tourists with Snow-Covered Landscapes
30 December 2019
Morocco is full of paradisiacal places depending on the seasons. In this winter period, marked by the end-of-year holidays, tourists, in addition to the sun of Marrakech, are (…)
Moroccan Singer Dounia Batma’s Passport Seized in ’Hamza mon BB’ Investigation
29 December 2019
Dounia Batma will not be able to leave the national territory before the end of the investigation on "Hamza mon BB". These are the conclusions from the second interrogation at (…)
Morocco Set to Exit EU’s Tax Haven Gray List Following Anti-Evasion Reforms
28 December 2019
Morocco is preparing to leave the European Union’s gray list of tax havens as early as January 2020 following measures taken to combat tax evasion.
Casablanca’s Mohammed V Airport Hits Milestone: 10 Million Passengers in 2023
27 December 2019
The Mohammed V International Airport in Casablanca has exceeded, for the first time in its history, the threshold of 10 million passengers, said the National Airports Office (…)
Morocco’s Taza Wind Farm Secures Financing for First Phase, Set to Launch in 2021
27 December 2019
The financing of the 1st phase of the Taza wind farm project has been completed by the stakeholders. Its commissioning is scheduled for the end of 2021.
Morocco to Boost Social Security Pensions by 5% in 2020
27 December 2019
The National Social Security Fund (CNSS) plans to increase retirement pensions by 5%, effective January 1, 2020.
Morocco to Raise Cigarette Taxes in 2020, Prices Expected to Climb
26 December 2019
The new increase in taxes planned by the Moroccan Government against the tobacco industry, starting in early 2020, will have a direct impact on cigarette prices.
Morocco’s Domestic Debt Surges to $60.1 Billion, Reaching 50.1% of GDP
26 December 2019
Moroccan domestic debt reached $60.1 billion at the end of last November, an increase of 4.1% since the beginning of the year. This is due to new government loan commitments (…)
Morocco’s Stalled Emergence: Analyzing Barriers to Economic Growth
26 December 2019
Why doesn’t Morocco put itself on a sustainable path to emergence when it has all the conditions to succeed? This is the question answered by the French Development Agency by (…)