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Morocco Eyes Real Estate Wealth Tax to Bolster Universal Social Protection

Morocco is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......

Paris Motor Show 2024: A New Era for Eco-Friendly Mobility

The Paris Motor Show 2024, taking place from October 17 to 22, serves as a dynamic showcase for the latest in automotive innovation and sustainability. This year, car manufacturers are unveiling an impressive lineup of electric vehicles (EVs) and cutting-edge technologies, demonstrating that the transition......

Morocco's 2030 World Cup Ambitions: Balancing Tourism Growth and Sustainability

As Morocco gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal, the North African nation is taking strategic steps to bolster its tourism sector while addressing concerns about potential overtourism. The country's ambitious plans aim to double visitor numbers and significantly......

Morocco's Aviation Sector Soars: A Catalyst for Economic Growth and Sustainability

Morocco's aviation industry is emerging as a powerful engine of economic development, with projections indicating a 50% growth in the sector by 2043. This expansion is set to significantly boost the country's GDP and advance its ambitious sustainability goals, according to recent insights shared......

Morocco's Phosphate Industry Leaps Forward with $33 Million Tech Upgrade

In a significant move to bolster its phosphate production capabilities, Morocco's OCP Group has partnered with global mining technology leader Weir Group PLC in a £25 million (approximately $33 million) deal. This collaboration aims to introduce cutting-edge, energy-efficient solutions to OCP's......

Moroccan Water Company Enhances Executive Skills through Elite Spanish University Partnership

Les Eaux Minérales d'Oulmès, Morocco's leading producer and distributor of bottled water, has announced a groundbreaking partnership with IE University in Madrid, Spain. This collaboration aims to enhance the skills of the company's executive leadership through a tailored program......

Morocco's Green Energy Revolution: Unlocking a Sustainable Future

In a pivotal moment for Morocco's energy sector, the British Chamber of Commerce (BritCham) hosted a conference that delved into the North African nation's burgeoning green energy potential. The event, a testament to the country's commitment to sustainability, explored the vast opportunities......

Morocco's Economic Outlook: A Balanced Approach to Growth and Resilience

Morocco's economic trajectory is set to navigate a delicate path in the coming year, with the Bank Al-Maghrib (BAM) projecting a modest growth rate of 2.8% for 2024. This forecast, while indicating a slowdown from previous years, reflects a strategic approach to managing economic challenges and positioning......

Morocco's Automotive Industry: A New Chapter in Israel-Morocco Relations

In a significant development, Israel has commenced importing Moroccan-made cars, marking a pivotal moment in the economic relationship between the two nations. This move comes amidst a Turkish embargo, which has created an opportunity for Morocco to showcase its automotive prowess and establish itself......