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Algeria threatens Gulf countries over Sahara issue

The military junta ruling Algeria made their country once again look like a rogue state that does not respect state sovereignty and threatens to retaliate from Gulf countries that supported Morocco’s sovereignty over the Sahara region. Saudi Arabia and Qatar have openly supported at the UN Morocco’s sovereignty and UN efforts to find a lasting, […]

Morocco Exempts Newly Created Industrial Companies from Corporation Tax

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 […]

TE Connectivity Builds its 4th Plant in Morocco for $15 Mln

The Swiss-based technology company TE Connectivity, which designs and manufactures automotive sensors, is expanding its activities in Morocco wherein the car industry is booming. TE will build a new plant in the Tangier automotive city. The factory, to cost over 15 million US dollars, is the fourth of its kind in the North African Kingdom. […]