US Secretary of State Mike Pompeo

Morocco in the EU’s grey tax haven list

Morocco sidestepped being listed in the EU’s tax haven black list but is included in the grey list, which comprises countries that are given time to reform. Ten other countries, including the UAE, are on the black list, which was approved by EU finance ministers. The black list included so far only five jurisdictions and […]

Preparations for Berlin 2 Conference discussed by UNSMIL head & Moroccan FM

Preparations for the Berlin 2 Conference, scheduled on June 23, were at the focus of phone talks between UNSG’s Special Envoy for Libya and Head of the UN Support Mission in Libya, Ján Kubiš, and Moroccan Foreign Minister Nasser Bourita. The talks are part of consultations conducted by the UN Special Envoy with national and […]

Egypt: Nissan gets approval to produce 100,000 export-oriented cars annually

Japan carmaker Nissan has received initial approval to produce 100,000 car units per year in Egypt, which targets car export to revive its vehicle production industry. Nissan will manufacture the car, jointly with state-owned carmaker El Nasr Automotive Manufacturing, Minister of Public enterprise, Hesham Tawfik told media. Majority of cars produced will be exported. Egypt […]