Audi overtakes BMW and Mercedes in Moroccan premium car market
New car sales in Morocco reached 82,286 units by the end of June 2024, reflecting a 1.06% increase compared to the same period last year, according to the Association of Vehicle Importers in Morocco...
Moroccan aerospace exports soar by 17.6% in early 2024
The aeronautics sector in Morocco achieved exports totaling 10.68 billion dirhams (MMDH) during the first five months of 2024, marking a 17.6% increase compared to the same period last year, according to the Office...
ONHYM and ESSO sign key hydrocarbon exploration deals in Morocco
The National Office of Hydrocarbons and Mines (ONHYM) and ESSO Exploration International Limited (ESSO) signed two recognition contracts on Tuesday in Rabat. This is part of ONHYM's strategy to promote the hydrocarbon potential of...
CDG and CDC forge stronger ties with new partnership agreement
A pivotal agreement was signed in Paris on Tuesday between the Caisse de Dépôt et de Gestion (CDG) of Morocco and the Caisse française des Dépôts et Consignations (CDC) of France, aiming to enhance...
Boosting Moroccan startups: The inaugural “Lab Innova” for Morocco
The first edition of "Lab Innova for Morocco," a training project held from July 1st to 4th at Technopark Casablanca, is providing invaluable support to 24 Moroccan startups. These startups operate in diverse sectors...
DGI updates late payment penalty rates starting June 2024
The General Directorate of Taxes (DGI) has announced that invoices with overdue payments starting from June 1, 2024, will incur a financial penalty at the new rate of 2.75% for the first month of...
AtlantaSanad Assurance and Auto24 unite to revolutionize used car buying
AtlantaSanad Assurance, a prominent player in the Moroccan insurance sector, has joined forces with Auto24, the leading used car sales company in Morocco, to offer a comprehensive and competitive service to used car customers. Innovative...
Moroccan Competition Council (CCM) announces new headquarters
The Moroccan Competition Council (CCM) has announced a change of address for its headquarters, effective July 1, 2024. The Council's new location will be at the intersection of Avenue Azzaytoune and Mohammed Al Yazidi, Hay...
Crédit du Maroc and Mastercard partner to propel digital transformation in Morocco
Crédit du Maroc and Mastercard have entered into a strategic partnership to introduce cutting-edge technologies, accelerate the bank’s digital transformation, and offer tailored solutions to customers. This collaboration underscores Crédit du Maroc's dedication to...
Morocco, a key hub for Stellantis’ automotive investments (Spanish newspaper)
Morocco has become a prime destination for automotive giant Stellantis, according to the Spanish specialized magazine Híbridos y Eléctricos. In response to growing competition, Stellantis has strategically chosen Morocco as the country with the...