Morocco Economy

Displaying 37 - 42 of 145

 

SOFITEL CASABLANCA TOUR BLANCHE Rue Sidi Belyout, Centre Ville, 20000 T: (0522) 456 200 www.sofitel.com h6811@sofitel.com Rooms: 171 rooms, including 30 suites. Each suite offers a butler service and the Opera Suites include a private hammam, bay windows and a terrace. Business & Conference Facilities: Five meeting rooms, and business...

 

Agriculture (0537) 760 102 Culture & Communication (0537) 209 429/406 Economy & Finance (0537) 677 501 Employment (0537) 760 521 Energy (0537) 688 400 Family & Social Development (0537) 684 062 Foreign Affairs (0537) 761 125 General Affairs (0537) 687 300 Health (0537) 761 025 Industry, Investment, Trade & Digital Economy (0537...

 

LANGUAGE: While classical Arabic and Amazigh are Morocco’s official languages, the most commonly spoken is the local dialect, Darija. French is also spoken in business, government circles, schools and universities. It is frequent to hear people mixing Arabic and French when speaking. Different...

 

Despite its dependence on agriculture for strong GDP figures, efforts to strengthen other export sectors, coupled with the diversification of its trading partners, have allowed Morocco to develop competitive industries and increase their presence in international markets. Traditional segments such as phosphate production remain strategic, but...

 

Recent decades have seen a downward trend in corporate taxation. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s, with the advanced economy average dipping to 22% in 2015. Investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial crisis,...

 

Galvanising the competitiveness of Moroccan firms is an important component of modernising the economy and boosting job creation. While there have been improvements, the adoption of innovation programmes and the establishment of a viable support system for entrepreneurs and start-ups have lagged, in part due to the regulatory environment.

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