Finance Headlines Morocco

Morocco’s 2026 Tax Code Emphasizes Compliance Over Rate Adjustments

Morocco’s 2026 General Tax Code represents the normative culmination of a trajectory clearly assumed since the third National Tax Conference held in 2019, consolidating engaged reforms while providing overall coherence rather than constituting doctrinal rupture or simple technical revision. Underlying Moroccan fiscal philosophy has evolved significantly in recent years, no longer prioritizing nominal rate adjustments […]

Business Headlines Morocco

Morocco awards contract for new Casablanca Airport Terminal

Morocco’s National Airports Office (ONDA) has awarded the construction contract for the new terminal at Casablanca Mohammed V International Airport to a fully Moroccan consortium composed of SGTM and TGCC, the public operator said. The contract, valued at 12.8 billion dirhams, represents the largest airport infrastructure project ever undertaken in the country. According to ONDA, […]

Business Europe Headlines Morocco

Davies Turner Company Enhances its Trailer Fleet to Meet Growing UK-Ireland -Morocco Trade

Davies Turner, a freight forwarding and logistics company, has enhanced its operational capacity on the UK-Ireland-Morocco routes to meet surging volumes in fashion, automotive and aerospace supply chains. The British company has increased the number of its mega trailers dedicated to Moroccan services to 35 units supplied by Krone. The new trailers feature steel walls, […]

Business Headlines Morocco

Morocco’s industrial output nears $100 bln – minister

Morocco’s industrial sector has expanded to nearly 900 billion dirhams ($98 bln) in national production, including around 400 billion dirhams in exports, marking a decisive step in the country’s shift toward an industrial policy centered on economic sovereignty, Moroccan industry and trade minister Ryad Mezzour said. The figures were presented by Ryad Mezzour during a parliamentary session, […]

Business Headlines Morocco

Small Business Support Program Approves 89 Projects Worth $128 Million

Investment Minister Karim Zidane announced that 89 investment projects totaling over 1.28 billion dirhams received approval under the very small, small, and medium enterprise support framework launched six weeks ago. The figures were presented by the official during a parliament question time on business support mechanisms and investment promotion. He specified these projects should enable […]

Asia Business Headlines Morocco

China’s Guizhou Tyre approves nearly $300 million tire factory in Morocco

Chinese tire manufacturer Guizhou Tyre has approved plans to build a new production facility in the Cité Mohammed VI, Tanger Tech industrial zone, confirming an investment close to 300 million dollars. The company’s board of directors validated the project on January 5, giving the green light for the construction of an intelligent tire plant with […]

Finance Headlines Morocco

Standard Chartered expects Morocco’s economy to grow 4.5% in 2026

Morocco is poised to enter 2026 in a favorable position, with Standard Chartered forecasting 4.5% economic growth for the year, driven by resilient non agricultural sectors, accelerating investment, and robust domestic demand. The projection was published in Standard Chartered Global Focus 2026 report. It follows an estimated 4.8% expansion in 2025, marking the strongest post […]

Business Headlines Morocco

Morocco welcomes record 19.8 million tourists in 2025

Morocco welcomed a record 19.8 million visitors in 2025, a surge of more than 14% from the previous year, edging close to the symbolic 20 million milestone for the first time, tourism ministry data showed. Tourism revenues hit 124 billion dirhams or 13.6 billion dollars by November, up 19% year-on-year, according to the ministry, confirming […]

Business Headlines Morocco

Morocco’s Import Prices Drop 5.8% While Export Values Rise Marginally

Morocco’s import unit values declined 5.8% during the third quarter of 2025, while export unit values recorded slight 0.4% increases compared to the corresponding 2024 period, according to the High Commission for Planning’s Monday, January 5 report. The commission attributes import index declines primarily to marked price reductions across several product categories. Industrial equipment finished […]

Business Europe Headlines Libya

Libya Launches Preparations to Host Fourth Turkey–Africa Partnership Summit

Libya’s Ministry of Foreign Affairs has convened the first meeting of a high-level preparatory committee to begin arrangements for hosting the fourth Turkey–Africa Partnership Summit. The meeting outlined the overall framework for preparations and underscored the political and diplomatic importance of the summit. Officials described the event as a major milestone in Turkey–Africa relations, providing […]