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Morocco’s Trade Surplus with Sub-Saharan Africa hits 12 bln DH in 2016

Morocco registered a trade surplus in its trade with Sub-Saharan Africa, which jumped from 1.3 billion dirhams in 2008 to 11.9 in 2016, said Morocco’s Foreign Exchange Office. Morocco’s trade with Sub-Saharan African countries posted a steady growth averaging 9.1% during the 2008-2016 period, said the Office in a report on trade between Sub-Saharan Africa […]

Morocco ranks 4th globally on Climate Change Performance Index

Morocco has ranked 4th globally on Climate Change Performance Index (CCPI) which looks at four categories namely GHG Emissions, Renewable Energy, Energy Use and Climate Policy, knowing that the first three overall spots remained empty because no country performed well enough in all index categories to achieve an overall very high rating. The index, established […]

Libya: HoR Speaker announces further tax reduction on foreign currency transactions

Speaker of Libya’s House of Representatives (HoR), Aqila Saleh, announced on Wednesday, November 20, a further reduction in the tax on foreign currency transactions, lowering it to 15% from the previous 20%. This adjustment applies to all purposes and marks the second decrease in what is commonly referred to as the “dollar tax.” Last October, […]