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Morocco Emerges as Major Buyer of Gas from Spain Two Years After Reopening Pipeline

Rabat's Strategic Move: How Morocco Became a Key Customer for Spanish Gas In a significant turn of events, the Spanish government's decision to reopen the Maghreb-Europe gas pipeline two years ago, reversing its flow to supply gas to Morocco, has redefined the energy dynamics in the region.......

Morocco's Bold Leap into Derivatives Trading: Financing the 2030 World Cup Dream

As Morocco gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal, the North African nation is embarking on an ambitious plan to revamp its financial sector. In a move that promises to revolutionize the country's capital markets, Morocco is set to introduce derivatives trading this......

Venice Implements Stringent Measures to Mitigate Overtourism's Impact

Venice has taken decisive steps to safeguard the integrity of its historic canals and alleviate the strain of overtourism by implementing new regulations. These measures include a ban on loudspeakers and a cap on tour group sizes, limiting them to a maximum of 25 people. Officials assert that these actions......

Italian Authorities Seize Fiat Topolinos Over Origin Labeling Concerns

Italian authorities have taken a decisive step by confiscating numerous Fiat Topolinos at the Livorno port, citing apprehensions regarding the vehicles' origin labeling. The financial police's intervention stems from potential violations of Italy's stringent Made in Italy law, which mandates......

The New Era of Taxis in Morocco: Ending the Clash with Ride-Hailing Services

In a bid to quell the escalating tensions between traditional taxi services and ride-hailing applications during the peak summer season, Morocco's Minister of Interior, Abdelouafi Laftit, has unveiled a comprehensive set of regulations aimed at modernizing and streamlining the nation's taxi sector.......

Charting a Greener Course: The Fuel Revolution in Maritime Shipping

The maritime shipping industry is undergoing a significant transformation as it seeks to reduce its environmental impact and embrace decarbonization. According to the 2022 IPCC report, this sector accounts for 16% of global freight emissions and is responsible for 70% of the world's ton-kilometers......

Transport Unions Clash with Ministry Overhaul of Trucking Industry Regulations

The enduring conflict between Morocco's largest transportation unions and the Ministry of Transport and Logistics persists, with the unions adamantly opposing proposed reforms to the regulations governing commercial road freight. Central to the disagreement are new stipulations outlined in a pending......

Morocco Implements Sweeping Changes to Liberalize Foreign Exchange Rules and Stimulate Business Growth

Rabat - In a significant move, the Moroccan government has enacted comprehensive reforms aimed at removing constraints on foreign exchange transactions and enhancing the efficiency of international business operations. Effective from January 2nd, the new General Instruction on Foreign Exchange Operations......

Morocco Adopts Stricter Cigarette Regulations from 2024 Onward

Commencing January 1, 2024, a set of new regulations governing the composition of cigarettes available in Morocco will be enforced, according to an announcement by the Administration of Customs and Indirect Taxes (ADII). In its most recent statement, the ADII has communicated that the stipulations detailed......