Morocco
Casablanca Finance City Aims for Growth Despite EU Tax Concerns and Pandemic Challenges
Although having lost a lot of credibility, Casablanca Finance City sees big. For 2021, CFC plans to recruit 40 to 50 companies.
Topic
European Union
Morocco
Moroccans Lead in European Citizenship Acquisitions, Eurostat Reports
In 2019, Moroccans were the most numerous to acquire European citizenship. Out of around 706,400 people, there are 66,800 Moroccans who have obtained the citizenship of a Member State of the European Union (EU). They are followed by Albanians (41,700) and the British (29,800).
Morocco
EU Imports of Moroccan Produce Surge: Tomatoes Lead 9% Growth in 2020
In November 2020, EU imports of fresh fruits and vegetables from Morocco reached 1.4 million tons, an increase of 9% compared to 2019. This is revealed by the latest data updated by Eurostat.
Morocco
European Investment Bank Doubles Morocco Funding to €617 Million in 2020
In 2020, the European Investment Bank (EIB) mobilized 617 million euros in financing for Morocco . This is almost double the EIB’s budget compared to 2019.
Morocco
EIB Invests €85 Million to Digitalize Morocco's Highway Network
The European Investment Bank (EIB) and the Société Nationale des Autoroutes du Maroc (ADM) are strengthening their partnership. In a press release, the two institutions have just announced the signing of a financing contract of 85 million euros (around 925 million dirhams), as part of the European Union’s External Lending Mandate (ELM) for the period 2021-2027.
Morocco
EU Launches Probe into Airline Refund Practices and Passenger Rights
The European Commission and consumer protection authorities launched an investigation on March 1st to obtain precise information on the rights of European Union passengers and refund requests. The targeted companies have three weeks to respond, according to a joint statement from the European institution and the consumer association.
Morocco
EU Removes Morocco from Tax Haven Gray List, Boosting Investment Prospects
On February 22, the European Union removed Morocco from the gray list of tax havens. This decision opens a new era for the relations between Moroccan and European economic operators, both in the public and private sectors.
Morocco
EU Court Upholds Employer Rights to Ban Religious Symbols at Work
Banning the wearing of the Islamic headscarf at work falls within the employer’s free discretion. This is the decision of the Court of Justice of the EU (CJEU), in response to questions from the German judiciary.
Morocco
Morocco-EU Trade Plummets to 35 Billion Euros Amid COVID-19 Crisis
In 2020, due to the ongoing health crisis, trade in goods between Morocco and Europe reached 35 billion euros, down from the last three years. This is what the Delegation of the European Union in Rabat indicated.
Morocco
Morocco Ramps Up Industrial Decarbonization Efforts in Response to EU Carbon Tax
Morocco, the EU’s main partner, attaches importance to the European Union’s carbon border tax project. The kingdom is also deploying huge resources for its decarbonization and to comply with this mechanism, which involves its competitiveness.
Spain
EU Urged to Enforce Morocco Trade Deal Amid Tomato Price Concerns
The Spanish government has asked the European Commission to ensure compliance with the trade agreement with Morocco , said Fernando Miranda, Secretary General of Agriculture and Food, on Wednesday.
Spain
Melilla Mayor Urges EU Intervention in Spain-Morocco Tensions Over Border Issues
The president of the autonomous city of Melilla , Eduardo de Castro, said in an interview on Sunday radio that relations with Morocco "are tense" due to the latter’s unilateral closure of commercial customs, and the difficulties of entering goods through Malaga and Almería. He called on the central government and the European Union to "ease these tensions".