Forage offshore Tarfaya

European Court Decision ‘Does Not Question’ Moroccan-Spanish Cooperation (Spanish Govt.)

The Spanish government said that the decision of the European Court on the farm & fisheries agreements with Morocco “does not question” relations of cooperation between the Kingdom, Spain and the EU. “For me and the Spanish government, this decision does not question our relations with our strategic partner, Morocco, nor the friendship and cooperation […]

Somalia’s Puntland claims victory over Islamic State, but future challenges remain

After nearly two months of intense combat, Puntland forces in Somalia claim to have successfully pushed back Islamic State (IS) militants, dealing significant blows to the terror group in the region. However, despite recent victories, experts warn that the IS may attempt to regroup and continue its operations across the Horn of Africa. The offensive, […]

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 […]