British Firm SDX Energy to Drill 12 New Gas Wells in Morocco
27 August 2019
12 new gas field wells will be drilled in the 4th quarter of 2019 in Morocco. In charge, the British company specialized in hydrocarbon exploration, SDX Energy.
Economy
Moroccan Dirham Strengthens Against Euro and Dollar, Reserves Rise
27 August 2019
For the period from August 15 to 21, 2019, the Moroccan dirham gained 0.07% against the euro, and 0.39% against the US currency, according to the weekly indicators released by (…)
Morocco Launches Digital Tax Surveillance Unit to Track Online Financial Activity
27 August 2019
The Directorate General of Taxes (DGI) has set up a new unit responsible for collecting data on taxpayers, in order to carry out verifications. Bad taxpayers will now be (…)
Morocco Implements New Customs Regulations to Streamline Import Process
26 August 2019
The customs services have announced several changes that will come into effect as of October 1, 2019.
Moroccan Expats Brace for Port Delays as Summer Travel Season Approaches
26 August 2019
Exactly one year ago, on their return from vacation, several thousand Moroccans residing abroad (MREs) had encountered enormous difficulties in crossing the Strait. Recap of (…)
Alsa-City Bus to Create 1,750 Jobs in Rabat with New Fleet Launch
25 August 2019
The Alsa-City bus group, the delegated manager of urban bus transportation in Rabat-Salé-Témara, intends to create 1,750 direct jobs in the very near future. This job creation (…)
Marrakech Real Estate Prices Edge Up 0.2% in Q2 2019, Land Values Rise
25 August 2019
Bank Al Maghrib (BAM), in collaboration with the National Agency for Land Conservation, Cadastre and Cartography, has released the Real Estate Asset Price Index (IPAI). What (…)
Agadir Real Estate Market: Apartment Prices Drop, Villa Prices Rise Amid Declining Sales
25 August 2019
As every quarter, Bank Al Maghrib (BAM), in collaboration with the National Agency for Land Conservation, Cadastre and Cartography, publishes the Real Estate Asset Price Index (…)
Chicken Prices Soar in Morocco After Eid al-Adha, Breeders Demand Action
25 August 2019
The soaring price of chicken in the aftermath of Eid al-Adha is worrying consumers as well as breeders. The latter feel shortchanged and are calling on the competent (…)
Morocco’s Unemployment Rate Drops to 8.5% as Service Sector Boosts Job Creation
25 August 2019
Compared to the first quarter of 2019, the unemployment rate fell by 1.5 points in the second quarter, to stand at 8.5% of the active population. The services sector is making (…)