MRE money transfers: one year 2024 record The year 2024 will have been splendor for the money transfers of Moroccans residing abroad (MRE), according to the latest figures published by the Exchange Office. Thus, these transfers reached the record sum of 117.7 billion dirhams, an increase of 2.1 % compared to the previous year.
Morocco: fuel prices go upwards In Morocco, motorists face an increase in fuel prices at the beginning of February. A bad surprise awaits Moroccan motorists at the pump. Since Saturday, the price of the liter of diesel has undergone an increase of 20 cents to reach 11.67 dirhams, while that of gasoline increased by 16 […]
Marrakech: Hotels taken by storm In Marrakech, hotels have been full of Moroccan tourists during the school holidays. There was a big crowd in the hotel units of the city of Marrakech during the school holidays. Hotel units were widely filled during this period, because Moroccan families located in the city or on the outskirts, […]
The British let go of the Canaries for Morocco British tourists could rush to Morocco at the expense of Lanzarote, an island of the Canaries archipelago located off the African coast and administered by Spain, known for its unique volcanic landscapes. In 2024, Lanzarote experienced his own wave of protests. Some demonstrators protested mass tourism. […]
Casablanca: an Egyptian brand firm in six days after a dazzling success In Casablanca, an Egyptian brand was forced to end its activities less than a week after the opening. Following a decision of the local authorities to suspend its exploitation for sanitary and administrative irregularities, the Egyptian franchise B. Laban specializing in ice cream […]
Too many taxes in Morocco? In Morocco, while the tax pressure is excessive, citizens and businesses do not always perceive the concrete effects of tax levies in improving public services and infrastructure. “According to the definition of tax revenue retained by the IMF, the tax pressure amounts to almost 30 % in Morocco,” said Younes […]
Morocco-Roya-Roadius UNMAUME cable: Finally? Promoters and donors expect to receive London support for the construction of the 3,800 km submarine cable to connect Morocco to the United Kingdom and provide British 8 % of their electrical energy needs. New for the Morocco/United Kingdom submarine cable project. According to its promoters and various donors, this project […]
Morocco: a new tax on rentals that hurts The recent establishment of a 20 % tax on the rental income of landlords in Morocco aimed at simplifying taxation and expanding the tax base will produce a negative impact on real estate, more precisely on the actors of the sector. “Currently, individuals holding property income whose […]
France seeks to limit Moroccan agricultural imports Moroccan agricultural exports to France are likely to fall due to a new law aimed at establishing “mirror clauses” for agricultural imports from third countries. Moroccan products in particular tomatoes produced in Morocco are again in the viewfinder of France. The deputy LR Antoine Vermorel-Marques is the initiator […]
Morocco: rush to car rental Thanks to the embellishment of Moroccan tourism, the car rental sector experienced strong growth in 2024. 2024 was the year of all successes for Moroccan tourism. This revival of tourism activities benefited the related sectors such as catering, leisure, transport and, of course, car rental, said the magazine Finances News […]