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Morocco: $35 Mln Community Market Opens in the City of Salé Upon Royal Instructions
A new community market, designed to boost local economic activity, opened Thursday in the city of Salé (near Rabat) upon the High Instructions of King Mohammed VI. Located in the Tabriquet neighborhood, “Souk Assalihine” opened its doors after a five-year construction with a $ 35 million investment. Spearheaded by the Sovereign, this inclusive socioeconomic project, […]
Morocco leaves EU tax haven grey list
Morocco has been removed from the EU’s tax haven grey list after it took a series of measures and enacted new laws aiming to ensure greater transparency. The most recent reforms undertaken by Morocco to comply to EU fiscal standards was that of the tax system pertaining to financial hub, Casablanca Finance City. Morocco has […]
Morocco allocates $1 billion to mitigating drought
King Mohammed VI ordered the allocation of 10 billion dirhams ($1 billion) to mitigate the impact of drought on farmers, the Royal Palace said. Morocco has registered a rainfall deficit of 64% jeopardizing this year’s harvest and putting farmers in a difficult financial position. Hassan II fund for economic and social development will contribute by […]



