IMF

Morocco backs UAE’s sovereignty over Iran-occupied Islands

Morocco reiterated its position in support for the UAE’s sovereignty over three islands occupied by Iran. Morocco’s stance in support of the UAE’s territorial integrity is “steady and permanent,” Moroccan representative to the UN Omar Hilale told the Fourth Committee. Morocco also backed an Emirati request to end Iran’s occupation of the three Emirati islands […]

EU welcomes Morocco’s tax reforms

The EU promised to remove Morocco from the tax haven grey list after commending the reforms undertaken by the country to improve financial transparency and fight tax evasion. An EU special committee has announced that the steps taken by Morocco to bring its tax system concerning free zones in line with European standards will lead […]

Sahel bloc accelerates plans for regional bank

Finance and economy ministers from the Alliance of Sahel States (AES) have agreed to fast-track the launch of a new regional financial institution aimed at bolstering economic sovereignty and reducing dependence on external donors, following their exit from regional bloc Ecowas. In a recent meeting in Niamey, officials from Burkina Faso, Mali, and Niger reached […]