Morocco foils illegal migration attempt

Morocco’s tax revenues jumps 21% by August

Morocco’s domestic tax revenues rose by an unprecedented 21% year-on-year by the end of August, signaling a remarkable fiscal performance ahead of the presentation of the draft Finance Bill for the upcoming legislative session, scheduled before October 20. The surge reflects a dynamic tax environment, with the country’s three main levies (corporate income tax (IS), […]

Covid-19: Morocco suspends air links with France, Spain

Moroccan authorities have decided to temporarily suspend air links to and from France and Spain, extending thus the list of countries with which air links have been banned, in order to limit the spread of COVID-19.   The suspension of air links with the two European countries comes into effect as of Tuesday March 30, […]

Chariot Oil & Gas Extends its Morocco Offshore Explorations to Kenitra

Chariot Oil & Gas announced that it received a 75% stake of the Kenitra offshore exploration permit which together with the neighboring offshore exploration in Mohammedia could contain more than 1 billion barrel. The UK company said its subsidiary Chariot Oil & Gas Investment (Morocco) will carry out the exploration in partnership with Morocco’s Office […]