An Italian company operating in Algeria is currently victim of blackmail from some corrupt individuals of the North African country’s energy giant Sonatrach after landing a major energy contract, Algérie Part reports. Maire Tecnimont, an engineering and consultancy company present in Algeria for several years, last month won a tender launched by Sonatrach for the […]
The Moroccan delegation reiterated on Wednesday, before the Executive Council of the African Union (AU) in Addis Ababa, the Royal vision seeking to empower Africa with leadership. Speaking at this meeting, ahead of the elections of the new AU leadership, the Minister of Foreign Affairs, Nasser Bourita, surveyed the vision spearheaded by King Mohammed VI, […]
Industrial companies created after June 2017 will be exempted from paying the corporation tax, authorities said. A decree was published in the official gazette stating that industrial enterprises will not have to pay the tax for five years after their creation as the government seeks to encourage industrial investments. The tax exemption is targeting enterprises […]
