A Council of Ministers held Monday in Fez under the chairmanship of King Mohammed VI adopted the draft framework law on tax reform that was prepared in application of the royal guidelines and on the basis of the recommendations of the National Tax Conference held in May 2019. The text seeks to establish an efficient, […]
Morocco’s National Railway Office (ONCF) has secured a $225 million loan from German development bank KfW to modernize Casablanca region railway network. The German funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain Rapproché” (SIR) program. The SIR seeks to establish an electrified passenger rail service, […]
Saudi Arabia has reaffirmed its dedication to improve its railway transportation system, in partnership with Huawei technologies. Huawei has most recently developed means of road transportation equipped with modern facilities to suit the passenger’s comfort and the train ground wireless networks. Their operation is based on long-term evolution (LTE) technology. An amount of $45 million […]
