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Morocco VAT fraud estimated at 12.9 billion dirhams annually

Morocco faces a large and persistent loss of public revenue linked to value added tax fraud, estimated at around 12.9 billion dirhams per year. The figure reflects a system in which fraudulent refund claims continue to exploit structural weaknesses in tax administration and corporate reporting. Public......

Investment Commission approves 250 projects worth MAD 414 billion across Morocco

Morocco’s National Investment Commission (CNI) has approved 250 investment projects totaling MAD 414 billion, during nine sessions held so far, announced Karim Zidane, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies, on Tuesday before the House of Councillors. Responding......

Morocco records 65,754 new businesses in the first seven months of 2025

Morocco registered 65,754 newly created businesses between January and July 2025, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). The new entities include 47,138 legal persons and 18,616 natural persons, the office noted in its latest business creation report. By sector,......

Morocco’s textile sector expands as Valerius opens $10.27 million factory in Salé

Valerius Morocco has inaugurated a new textile manufacturing plant in Salé, marking a strategic expansion in Morocco’s fast-fashion ecosystem. The facility, launched in the presence of His Majesty King Mohammed VI’s Minister of Industry and Commerce Ryad Mezzour, represents a $10.27......

La tour Mohammed VI set to redefine Africa’s skyline

A new architectural landmark for Morocco La tour Mohammed VI, soon to be inaugurated, is poised to claim its place as the tallest building on the African continent. Rising majestically along the banks of the Bouregreg River, this striking structure will not only transform the Rabat–Salé......

Morocco unveils $9 billion railway modernization plan through 2030

Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......

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