Egypt: Tax revenue growth, plans for economic stimulus

Egypt’s tax revenues surged by 38 percent in the first half of the 2024/2025 fiscal year, according to Finance Minister Ahmed Kouchouk. During a panel organized by the Egyptian Association for Direct Investment and Venture Capital, Kouchouk attributed this growth to the Government’s ongoing efforts to broaden the tax base and strengthen cooperation with taxpayers. […]

Morocco extradites terrorist suspect to Russia

Morocco handed Russia a native of Daghestan region who fought for IS in Syria, Russian federal security service (FSB) said. “Morocco’s security forces arrested the Russian national, Salamov Ramazan Magomednuriyevich, born in 1970 and wanted for his involvement with international terrorist organizations,” Russian news agency TASS cited an FSB statement as saying. The Russian suspect […]

Ryanair opens fourth Moroccan base in Tangier

A European low-cost carrier opened its fourth base in Tangier that will connect the northern city to domestic and European destinations in line with the country’s tourism strategy. The new base will help the airline to connect Tangier with 25 destinations, of which 13 are new destinations, with eight being cities within Europe and the […]