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Morocco raises insurance tax to bolster natural disaster fund
Morocco’s government will implement a significant increase in the parafiscal solidarity tax on insurance contracts, raising the rate from 1 percent to 1.5 percent. The amendment, scheduled for approval by decree at this Thursday’s Council meeting, aims to strengthen the nation’s disaster response capabilities following recent catastrophic events. The additional revenue will flow directly into […]
Gulf Crisis: US Sees no End Soon to Diplomatic Spat
The US State Department Thursday voiced concern over possible continuation of the crisis between Qatar and the Saudi-led bloc after boycotting countries consider new sanctions following Qatar’s refusal to commit to the demands put forward by the bloc. “We remain very concerned about that ongoing situation between Qatar and GCC (Gulf Cooperation Council) countries,” said […]
Sahara: UK Commends Morocco’s Serious Efforts for Reaching Lasting and Peaceful Solution
The UK government has praised Morocco’s serious efforts to advance the UN-led process seeking a lasting and peaceful resolution to the Sahara regional conflict. The supportive stand comes in the Joint Statement issued Tuesday in Rabat following the 4th UK-Morocco Strategic Dialogue co-chaired by Moroccan foreign minister Nasser Bourita and UK Minister for MENA region […]



