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 […]
The world’s leading manufacturer of sensor and communication systems, TE Connectivity, opened its second factory at Tangier Automotive City this week. The new plant will support the company’s commercial and industrial transport solutions in Europe, Africa, and the Middle East (EMEA region). The Suisse-based company, which had a single distribution center in Morocco in 2012, […]
Moroccan Foreign Minister Nasser Bourita and UN Secretary-General’s Special Envoy for Libya Jan Kubis have welcomed the new dynamic in the Libyan issue, in particular the appointment of a new Libyan temporary executive authority, which was endorsed by the Libyan parliament and sworn-in on Monday. During a phone talk they held on Monday, the two […]
