Hirak in Kabylie

Moroccan carrier to launch new direct routes to Manchester, Naples, Abuja by June

Morocco’s flag carrier Royal Air Maroc (RAM) announced that it will launch, as part of its plan to strengthen its network and in preparation for the summer season, air routes from its Casablanca hub to Naples, Manchester, and Abuja, from June 22, 2024. The airline will resume direct flights to Naples, Italy, from June 22, […]

Sahara: UN Representative Miguel Ángel Moratinos lauds Spanish Government’s support to Morocco’s Autonomy Plan

The High Representative of the UN for the Alliance of Civilizations, Miguel Ángel Moratinos, commended at a recent gathering in Madrid, the Spanish government’s endorsement of the Morocco-proposed autonomy plan for the Sahara aimed at resolving the longstanding regional dispute. Moratinos praised Spain’s stance as an “important political and strategic commitment,” during a meeting organized […]

Egypt : 10% tax on capital gains and stock dividends introduced

One of the first economic reforms under President Al-Sisi has been announced. Henceforth, a 10% tax will be levied on capital gains and stock dividends but the percentage could be lowered to 5% in some cases. The taxes are expected to generate between 3,5 and 4,5million Egyptian pounds. The new law was approved by the […]