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Morocco to exempt 87% of employees from income tax starting 2027
Morocco’s government presented its 2027 draft Finance Bill, providing for a series of measures to boost purchasing power, chief among which exempting 87% of employees who earn monthly salaries less than 10,000 dirhams from the income tax. The draft budget is the first under Head of Government Fatima Ezzahra El Mansouri, whose government coalition focuses […]
Morocco’s OCP plans international bond sale
Morocco’s phosphates and fertilizers producer OCP plans to issue a dual-tranche bond of 5 and 10 years, Reuters reported. OCP has mandated Citi and JP Morgan to arrange the bond sale, the agency reported without adding details. In February last year, OCP completed the issuance of an additional $300 million bond, linked to the group’s […]
Egypt marks 5th anniversary of 2011 revolution, Sisi justifies 2013 military coup
Egyptian authorities have tightened security measures throughout the country as Egyptians are commemorating this Monday the fifth anniversary of the 2011 uprising which toppled former long-time ruler Hosni Muburak. In the build-up to the fifth anniversary, the government raised the security level and arrested a number of activists after the outlawed Muslim Brotherhood and critics […]



