An investigation into document falsification and large-scale fraud has resulted in the dismantling of a vast network of fake medical certificates that defrauded insurance companies in Rabat. A doctor is among the arrested and prosecuted individuals.
In Morocco, the exaggerated rise in prices is slowing the momentum of domestic tourists and foreign visitors at the start of the summer season. The disappointment is great for tourism professionals who were expecting record crowds this summer.
Starting a business in Morocco as a Moroccan living abroad (MRE) can be complex, especially financially. To encourage diaspora investments, the Moroccan government has set up a specific mechanism: MDM Invest, a co-financing program that allows MREs to benefit from a direct grant, under certain conditions.
Following alerts of suspicion received from the European control authorities, particularly in France and Spain, the exchange control and tax authorities have strengthened their coordination within the framework of new joint audit missions, aimed at investigating suspicious real estate transactions carried out by foreigners in Morocco.
Morocco is among the destinations where European vacationers can enjoy better purchasing power this summer. The reasons? The dollar has fallen against the currently strong euro. The dirham remains weak compared to the European currency.
The Paris Commercial Court (formerly the Commercial Court) will rule on the debt restructuring of Altice France, the group of billionaire Patrick Drahi, the parent company of the SFR operator.
Faced with rapid urban and demographic growth, Tangier is looking to improve the performance and quality of public transport services. In this regard, the "Al-Boughaz" Intercommunal Cooperation Agency in Tangier has launched an advanced project. This is a high-quality transport system (BHNS) or "Busway".
Signs indicate that Algeria, which unilaterally severed ties with its western neighbor in August 2021, is on the verge of normalizing its relations with Morocco.
Transferring real estate in Morocco does not always exempt you from taxes, even if you do not derive any gain. Thus, a minimum tax of 3% of the selling price is due, regardless of the seller’s situation.
The Court of Appeal of Rabat has sentenced to various penalties the 16 people, including magistrates, lawyers, businessmen and civil servants, accused of corruption in the case known as "the sale of judgments at the Court of Appeal of Tétouan".
Adil El Maaroufi, a professor-researcher at the Multidisciplinary Faculty of Errachidia, sounds the alarm: the future of real estate investments related to the 2030 World Cup is linked to their ability to be transformed into components serving sustainable development.
The arrival of Algerian artists in Marseille as part of the summer music programming is not well received by opposition councilor Catherine Pila, vice-president of the Les Républicains party.