Keywords: International Markets


App Store: Apple Now Applies 20% VAT in Morocco

The Moroccan digital market is entering a new fiscal phase. Apple has started integrating a 20% VAT into the revenue processing related to the App Store in Morocco, a change that could lead to adjustments in the prices of certain applications and in-app purchases starting mid-September. Apple is gradually......

Morocco faces more than $2 billion in additional energy costs amid Strait of Hormuz crisis

Morocco has faced a significant increase in the cost of its energy imports as disruptions linked to the crisis surrounding the Strait of Hormuz pushed fuel prices higher. According to energy-focused platform At-Taqa, the additional cost incurred by the Kingdom reached approximately $2.2 billion between......

Cartier Saada: Revenue Declines by 28.5% in Q1 2026-2027

Cartier Saada begins its 2026-2027 fiscal year in a more challenging environment. During the period from April to June, the company recorded a revenue of 54.2 million dirhams, compared to 69.7 million dirhams in the same period of the previous fiscal year, marking a decline of 28.5%. This decline occurs......

ONMT and Ryanair Launch Record Winter Program to Boost Tourism in Morocco

The Moroccan National Tourism Office (ONMT) takes a significant step in its strategy to enhance air connectivity by unveiling, in partnership with Ryanair, the largest winter program ever established by the airline in Morocco. This initiative aims to increase transport capacities, stimulate the Kingdom's......

China’s car exports surpass one million vehicles in June as global expansion accelerates

China’s automotive industry reached a new milestone in June, with monthly vehicle exports exceeding one million units for the first time. The record performance highlights the rapid expansion of Chinese carmakers on international markets, particularly in the electric vehicle segment. According......

HDFC Bank plans $500 million dollar bond issue under RBI subsidised hedging scheme

India’s largest private sector lender, HDFC Bank, is preparing to raise at least $500 million through a dollar-denominated bond issuance this week, taking advantage of a subsidised hedging facility introduced by the Reserve Bank of India (RBI), according to sources familiar with the matter. The......

ASMEX explores new business opportunities in London

The Moroccan Exporters Association (ASMEX), in partnership with the West London Chambers of Commerce, is organizing a B2B mission in London to meet qualified buyers and explore concrete business opportunities. The commercial mission is scheduled from May 11 to 14 and will include targeted B2B meetings,......

Morocco successfully issues €2 billion bond in international markets

Morocco has successfully executed an international bond issuance totaling €2 billion, marking its first such move since 2020. Sources close to the Ministry of Finance indicate that officials were still on site as initial details of the operation began to surface. To lead this issuance, Morocco......

Strong growth of Moroccan traditional handicrafts exports in 2025

Moroccan traditional handicrafts exports saw significant growth in 2025, with a 27% increase in the first two months of the year compared to the same period in 2024, totaling exports exceeding 231 million dirhams. This growth trend was particularly strong in January 2025, which saw a 31% increase compared......