Ramtan Lamamra

COP22: World leaders meet to discuss implementation of Paris agreement

Around 200 world leaders will discuss on November 15 how to put into action Paris historical agreement targeting containment global temperature rise at less than 2 degrees at time the year 2016 is predicated the hottest year ever. Political leaders from around world have started arriving in Marrakech, Morocco, since Sunday. UN Secretary General Ban […]

Morocco posts 74% tax revenue surge as fiscal reform takes hold

Morocco’s tax revenues surged 74% between 2021 and 2025 to reach 291 billion dirhams, the country’s tax chief said on Wednesday, citing the figures as evidence that a five-year fiscal reform plan is now fully delivering results. Presenting the reform’s progress to business leaders at the General Confederation of Moroccan Enterprises (CGEM) in Casablanca last […]

Closure of Morocco’s Samir Refinery Propels BP to Pay $68 Million to Abu Dhabi Bank

The London High Court ruled that the British Energy company, BP, pays $68.9 million to the National Bank of Abu Dhabi (NBAD) in a case originating from the sudden closure of Morocco’s Samir refinery in 2015. BP “sold a cargo of crude to Samir in August 2014 which was not paid for and NBAD took […]