Work on the Tiznit-Dakhla expressway is progressing at a steady pace, bringing this colossal project closer to completion every day. This infrastructure, which extends over 1,055 kilometers and benefits from an investment of more than 9 billion dirhams (MMDH), is divided into three main sections. According to Mbarek Fencha, central director in charge of the construction of this infrastructure, the first axis, Laayoune-Dakhla, 500 kilometers long, has already been delivered, for an amount of one billion dirhams. “This segment is a real feat, facilitating travel and reducing travel times across desert expanses,” he comments. More

According to a recent study on the organization of the 2030 World Cup, “Morocco will gain global reputation and achieve sustainability after the event.” The positive impact of organizing this World Cup, which is not only considered a sporting event but also “a catalyst for development,” is estimated at between 8 and 10 billion dollars for the Moroccan economy. According to Assabah of this Tuesday, November 5, 2024, these direct and indirect benefits will come, according to the conclusions of this study, “from broadcasting rights, advertising partnerships, tourism revenues, infrastructure development, modernization of services, expansion and strengthening of transport networks, improvement of health care services, promotion of the country’s culture and its image.” More

The share of renewable energy (RE) in the national electricity mix should reach 56% in 2027, according to the report on public establishments and enterprises (EEP) accompanying next year’s draft finance law (PLF). This share would thus exceed the target of 52% set for 2030, indicates this report published on the website of the Ministry of Economy and Finance. And to specify that in terms of implementation of the RE development program, the installed capacity in these energies at the end of 2023 was 4,607 megawatts (MW), or more than 41% of the national electricity mix, against an initial target of 42% in 2020 … More

Between 2019 and 2023, the Kingdom moved from 41st to 31st position worldwide, achieving one of the most significant progressions among the top 50 global destinations. This leap reflects not only the dynamism and resilience of the Moroccan tourism sector, but also the effectiveness of the strategies put in place to revive and diversify the country’s tourism offering, the supervisory ministry said in a press release… More

On the High Instructions of King Mohammed VI, Princess Lalla Hasnaa, accompanied by Brigitte Macron, proceeded, this Tuesday, to the inauguration of the Royal Theater of Rabat, a structuring project that strengthens the ecosystem of the City of Light, cultural capital of Morocco. After unveiling the commemorative plaque, Princess Lalla Hasnaa, accompanied by Brigitte Macron, followed a presentation on the interior architecture of the Royal Theater of Rabat, before touring the various outbuildings of the Theater. This new theatrical structure is marked by its location, its aesthetics and its innovative technicality which represent a major turning point in the cultural landscape of Morocco … More

The latter has the merit of giving a precise idea, with figures to support it, of the evolution of the contribution of foreign nationals, whether residents or non-residents, to the dynamics of the Iberian real estate market. According to the document published by the Spanish notarial body, Moroccans are ranked second among foreign buyers of real estate in the first half of 2024. Out of a total of 69,412 transactions recorded, Moroccans made 5,452 purchases, representing a share of 7.9%, up 11% year-on-year… More

In 2023, the Souissi district totaled 2.6 billion dirhams of transactions (all types of assets combined). This is the amount of sales transactions completed before a notary during the past year, based on exclusive data provided by our partner Yakeey, with this volume, Souissi represents 32% of transactions carried out in Rabat, but only represents 10% of the number of transactions … More

The new Register of Mandates will make it possible to “centralize” powers of attorney relating to real estate transactions and will allow professionals to verify the authenticity of the mandates presented to them. But how? Currently, when an individual presents himself as an agent at a notary’s office, for example, to carry out a real estate transaction on behalf of a principal, the notary has only one way to verify that the power of attorney presented by this person is authentic: he must call the others who issued this power of attorney…More

In the well-served districts of the economic capital, brand new buildings are flourishing. An offer mainly intended for a young and active clientele seeking to reconcile professional and private life. To find a suitable apartment in Casablanca, word of mouth is more effective than going through a traditional real estate agency. For those on a tight budget, a call from a concierge or a car park attendant who would happily improvise as a real estate agent is enough to find suitable accommodation. For tenants quick to pull out their wallets, real estate agencies have an abundant offer at the beginning of this year. “The supply exceeds demand, especially for studios,” says Mehdi Lahlou, CEO of Immo Clair Services… More

During the session of the Casablanca-Settat Regional Council, held on Monday at the Mohammedia prefecture, an ambitious regional express network (RER) project was discussed. This future rail network aims to connect the main cities in the region, thus strengthening interurban mobility and relieving congestion on the roads. The official announcement is expected in the coming weeks, marking an important step in the development of transport infrastructure in this strategic area, which represents nearly 32% of the national GDP … More