The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]
Morocco announced on Monday an ambitious investment reform plan including multiple incentives, in a bid to capitalize on its business climate and political stability to attract more industrial investments. The incentives were revealed during a ceremony in Rabat chaired by King Mohammed VI. They include tax exemption benefiting industrial companies for up to five years, […]
The Algerian regime has fallen in its own trap when it unilaterally decided to shut down the Maghreb-Europe Gas Pipeline (GME) to cut off the flow of gas to Morocco. However, the GME pipeline is used as of this week to supply Morocco with gas coming from Spain in reverse flow. “Morocco will be able […]
