In a latest measure to spur the defense industry, the Moroccan government adopted a decree exempting investors from corporate tax. The tax break will benefit manufacturers of defense equipment, weapons, and ammunition, the spokesman for the government said following a cabinet meeting. In June, the government approved a bill to set up two industrial acceleration […]
The UK and Morocco took concrete measure to foster their economic and security cooperation ties during their third strategic dialogue, a milestone in ties that have been established 800 years ago. At the end of the strategic dialogue in London co-chaired by foreign ministers of the two countries Nasser Bourita and his UK peer Liz […]
Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office des Changes (exchange office). These transfers are up 5.3% or 1.52 billion dirhams, said the Office in its monthly bulletin of foreign trade indicators for April 2022. The Office also […]
