View shows the industrial zone at the oil port of Ras Lanuf

UN Fourth Committee reiterates support for UN-led political process on Sahara

The Fourth Committee of the United Nations General Assembly has adopted without a vote a resolution reiterating its support for the political process led under the exclusive auspices of the United Nations for the settlement of the regional dispute over the Moroccan Sahara. The resolution calls on all parties to fully cooperate with the UN […]

Riyadh-based Tamara platform raises $100m in Serie B around

Gulf buy now, pay later (BNPL) Tamara platform said on Monday it raised $100 million in a second round of fundraising from investors, including Sanabil Investments, which is owned by Saudi Arabia’s sovereign wealth fund PIF, Reuters reports. The funding will help the company expand in new markets and provide customers with new products and […]

Morocco in the EU’s grey tax haven list

Morocco sidestepped being listed in the EU’s tax haven black list but is included in the grey list, which comprises countries that are given time to reform. Ten other countries, including the UAE, are on the black list, which was approved by EU finance ministers. The black list included so far only five jurisdictions and […]