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Morocco’s tax revenues surge 19.1% in first half of 2025

Morocco’s tax revenues rose by 19.1% in the first half of 2025, reaching 186.34 billion dirhams (MMDH), driven primarily by corporate income tax (IS) receipts, which soared 34.7% to 55.98 MMDH. This increase is largely attributed to payments linked to the 2024 fiscal year, the reference year for provisional installments. The rise comes despite a […]

Morocco fixes Noor Ouarzazate III solar plant after breakdown

The Moroccan agency for sustainable energy MASEN said it has switched on Noor Ouarzazate III solar plant after a 14-month breakdown. The breakdown highlights the dysfunctions with the CSP technology used in the plant which has experienced recurrent breakdowns. The 150-megawatt plant had shut down in February 2024 after a storage breakdown that the operating […]

Morocco to build $500 mln stadium near Casablanca ahead of World Cup

Morocco is preparing to host the 2025 African Cup of Nations and the 2030 World Cup by building a new stadium worth 500 million dollars and renovating six other stadiums. In implementation of King’s instructions, head of the government Aziz Akhannouch chaired a signing ceremony with CDG investment fund which will finance the projects. In […]