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The Fiasco of Algeria’s Car Industry

“Disguised imports”. It is thus that critics have described Algeria’s policy to set up car assembly plants. Since 2012, Algeria has been trying to attract foreign investments by automotive giants in order to reduce its imports bill, but the results so far are disappointing. Indeed, the opening of a car assembly plant by Volkswagen in […]

Morocco raises insurance tax to bolster natural disaster fund

Morocco’s government will implement a significant increase in the parafiscal solidarity tax on insurance contracts, raising the rate from 1 percent to 1.5 percent. The amendment, scheduled for approval by decree at this Thursday’s Council meeting, aims to strengthen the nation’s disaster response capabilities following recent catastrophic events. The additional revenue will flow directly into […]

Moroccan-French Security Cooperation in Full Swing

Cooperation between Morocco and France in the fields of security and fight against terrorism is in full swing as evidenced by the regular contacts and continued dialog between the two partner countries. Just a couple of weeks after Morocco’s King Mohammed VI and the French President François Hollande held a meeting at the Elysée during […]