After the success of its projects in different Spanish cities, the company, based in Galicia, considers the continuation of its development in Africa strategic and has chosen Morocco to establish its first factory outside Spain, the group said in a press release. This factory, located in the Benslimane region, will generate more than 60 jobs […]

The updated decree relating to the terms of application has just been published in the latest Official Bulletin (No. 7365 of December 30, 2024). Thus, to benefit from the VAT exemption, the structures concerned are required to submit an exemption request via the portal of the General Directorate of Taxes (DGI) according to the model […]

A new shopping giant is about to enter the commercial landscape of Rabat. The Capital Mall, supported by the Emirati group Bin Ham, is indeed about to be completed. The work, launched less than two years ago in the Souissi district, shows a progress rate of 80%. The inauguration is scheduled for the second half […]

The year 2024 will have been a record-breaking year for the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC). This is evidenced by the figures presented at its board of directors meeting, held this Wednesday, December 25, under the chairmanship of Ahmed El Bouari, Minister of Agriculture, Maritime Fisheries, Rural Development and Water and […]

The Real Estate Investment Trusts (OPCI) sector has reached a new milestone, surpassing 100 billion dirhams in assets under management for the first time. Since the launch of the first OPCI management company in 2019, this market has experienced continuous growth. After exceeding the 10 billion dirham mark in assets in 2021, it stabilized around […]

The “city” was launched in 2009 and is only in its start-up phase. Incidentally, Chrafat, near Tangier, has already absorbed more than 1 billion dirhams, while the overall budget is around 2.8 billion dirhams. The figures, reported by the daily Al Akhbar in its edition of Friday, December 20, are alarming. While it was supposed […]

Casablanca, the iconic metropolis and economic capital of Morocco, has achieved scores above the expectations of its residents. FIFA’s assessment confirmed the relevance of the joint bid of Morocco, Spain and Portugal, with high scores in key areas such as stadiums, transport, infrastructure and much more. Thanks to meticulous planning and infrastructure ready to welcome […]

Casablanca will have a new international airport. The announcement was made by the Minister of Transport and Logistics, Abdessamad Kayouh, during a session in Parliament. With a capacity to accommodate more than 20 million passengers annually, the infrastructure, which will be built opposite the current airport and which will keep the same name (Mohammed V […]

An extraordinary session dominated by tourism projects. This is how Nabila Rmili, President of the Casablanca City Council, described the session of Thursday, November 28. Of the forty or so projects on the agenda, the majority were related to the tourism development of the economic capital, according to the daily L’Economiste in its December 3 […]

The City of Casablanca will write a new page in its urban history, with the launch of construction work on the “M Tower” tower, in the area of ​​the “Casa Anfa” financial center. A new architectural icon in the heart of the economic capital. The “Mfadel” and “Red Med Real Estate” groups are supervising the […]

Strapex Maroc is about to take a major new step with the upcoming inauguration of a commercial and logistics center of more than 60,000 m², located on Mohammed VI Boulevard, in the province of Mediouna-Casablanca. This future space, dedicated to household items, lifestyle and various sectors, aims to become a key player in supply and […]

The numerous constraints and difficulties arising from certain provisions of Law No. 25-90 relating to subdivisions, housing groups and divisions have led to the revision of this text adopted since 1992. These constraints have led to a divergence of understanding of this law between local managers on the one hand, and developers on the other, […]

The Kingdom of Morocco is now establishing itself as a hub in global value chains. The Kingdom stands out for its proactive strategy. The automotive sector alone accounted for 33% of the country’s total exports, according to Finances News Hebdo magazine. Its proximity to Europe and its openness to Africa give it a prime position, […]

It must be believed that investment in real estate collective investment schemes (OPCI) tends to attract more and more people. The jump of more than 31% (to 96.96 billion dirhams) in their net assets at the end of September is clear proof of this. To date, the market has 60 OPCIs. In the current context, […]

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 […]

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 […]

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, […]

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 […]

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 […]

The Department of Equipment is continuing to strengthen the national motorway network. After the Casablanca-Rabat continental motorway and the Beni Mellal-Bipôle Fez-Meknes motorway connection project, the ministry is working on studies to define a high-level motorway axis between Tangier and Tetouan-Fnideq. This new infrastructure will strengthen the transport offer of the Tangier metropolis and adjacent […]

Africa is now proving to be a fertile ground for millionaires and billionaires from around the world. According to a recent report “Africa Wealth Report 2024” by Henley & Partners, total investable wealth in Africa currently stands at $2.5 trillion, while its millionaire population is expected to increase by 65% ​​over the next decade. Some […]

News for the titanic project of the Gibraltar Strait tunnel, which is to connect Morocco and Spain. The Spanish government has commissioned the public engineering company Ineco to prepare a new preliminary design for the said tunnel. This document should be delivered by 2026. The final architecture and especially the final route of this major […]

The government has set up a five-year plan 2024-2028 for the eradication of the remaining stock of slums, for the benefit of 120,000 households. The new approach of the “Cities without Slums” (VSB) program is based on a pilot experiment carried out at the level of the Skhirat-Témara municipality, involving the participation of the private […]

L’âge moyen des emprunteurs s’établit à environ 39 ans. Concernant la répartition par sexe, les hommes représentent 64,75 % des emprunteurs, tandis que les femmes comptent pour 35,25 %. Le revenu moyen des demandeurs de prêts est d’environ 49.241,51 dirhams mensuels, tandis que le montant moyen de crédit immobilier sollicité se situe aux alentours de […]