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Egypt: Import Duties on Luxury Goods Increased to Promote Local Products
A new presidential decree coming into effect this February 1 will increase import duties on luxury goods from 10% to 40% as the government tries to boost its foreign reserves and ensure that they are spent on essential products while hoping to contribute to an increase in demand of local products. Ahmed Shiha, head of […]
Morocco Deploys 100 000 Security Agents to Deter Terror Plotters
Moroccan security agencies have dealt in 2015 hard blows to ISIS at home and overseas. Thus, they take serious the threats made by Islamic militants and religious fanatics to carry out revenge attacks on New Year’s Eve. Moroccan law enforcement & counter-terror services have all reasons to be concerned. They have disrupted plots after plots […]
Morocco’s growth seen at 1.3 in 2022, inflation to tamper next year- HCP says
Morocco’s growth will be limited to 1.3% only in 2022, down from 7.9% last year, due to external shocks and drought, Morocco’s statistics agency HCP said. While highlighting the uncertainties surrounding the global economic outlook, the agency expected Morocco’s economic growth to recover to 3.4% next year on the back of a higher agricultural […]



