Morocco
Morocco's Mortgage Rates Climb to 5.69% Amid Banking Liquidity Shifts
Mortgage rates have risen by 35 basis points to 5.69%.
Topic
Real estate
Belgium
Far-Right Party Targets Moroccan Immigrants in Belgian Social Housing Controversy
The New Flemish Alliance is campaigning against Moroccans benefiting from social housing in the Flemish region of Belgium and owning real estate in Morocco. These Moroccans living abroad (MREs) are now threatened with expulsion.
Morocco
Investors Seek Royal Intervention in Marrakech Cultural Project Fraud Case
Initiators of a project called "Marrakech, African Cultural Capital 2020", Eliza Boumah and her husband, Philippe Brun, say they are victims of a scam orchestrated by a real estate agency and a police officer. In an open letter addressed to King Mohammed VI , the couple of investors expose the facts and call on the sovereign for help.
Morocco
Moroccan Real Estate Fraud Widens: New Suspects Named in 'Bab Darna' Scandal
Several people have been further cited in the "Bab Darna" real estate fraud case.
Morocco
South African Students Explore Moroccan Architecture for Sustainable Low-Income Housing
South African students, on a prospecting trip to Morocco, want to draw inspiration from the traditional architecture of the Kingdom to build eco-friendly homes for low-income people.
Morocco
Morocco Tightens Real Estate Laws After Massive Bab Darna Scandal
Faced with the many damages caused by the Bab Darna affair, which has proven to be the biggest real estate scandal Morocco has ever known, the government is trying to secure transactions.
Morocco
Moroccan Coastal Town Belyounech to Receive $3.6 Million Infrastructure Upgrade
The residents of the commune of Belyounech, under the prefecture of M’diq-Fnideq , can rejoice. Indeed, the locality will be enriched in the coming months, with a promenade and socioeconomic centers, the fruit of a supplementary agreement to the rehabilitation program.
Morocco
Casablanca Doctor Sentenced to 10 Years for Real Estate Fraud Scheme
A doctor, manager of a private clinic in Casablanca , was sentenced to 10 years in prison, for having falsified real estate documents.
Morocco
Key Figure in Morocco's Bab Darna Real Estate Scandal Arrested in Ivory Coast
While he has managed to slip away since the outbreak of the "Bab Darna" affair, one of the biggest real estate scandals in history, Othmane El Boufkaoui, the No. 2 of the controversial real estate group, was arrested by the Ivorian police in Abidjan on December 30.
Morocco
Financial Director of Bab Darna Group Jailed in Major Moroccan Real Estate Fraud Case
The Bab Darna case has not finished revealing all its secrets. Amina Achkoun, the group’s financial director, was before the public prosecutor near the Aïn Sebaâ correctional court on Tuesday to answer for her involvement or not in this major real estate scam.
Morocco
Authorities Thwart Real Estate Scam in Moroccan Coastal Town of Harhoura
Thanks to the vigilance of the authorities of the prefecture of Skhirat-Témara, an attempted fraud similar to the real estate spoliation orchestrated by "Bab Darna immobilier" was thwarted.
Morocco
Moroccan Tax Authority Denies Agreement with Real Estate Developers on Flat-Rate Tax
Contrary to the information relayed by L’Economiste , and cited by Bladi.net , the Directorate General of Taxes (DGI) has not signed any agreement with the Federation of Real Estate Developers (FNPI).