UAE

US must not sideline Egypt as the terrorist threat is expanding, Sisi

President Al-Sisi has warned that terrorism is no longer a national or regional issue but a “threat to the stability and security of the whole world” that continues to expand. He called for a religious “revolution” and urged moderate Muslims to “stand up” against terrorists giving a distorted image of Islam before stressing that it […]

Morocco Exempts Newly Created Industrial Companies from Corporation Tax

Industrial companies created after June 2017 will be exempted from paying the corporation tax, authorities said. A decree was published in the official gazette stating that industrial enterprises will not have to pay the tax for five years after their creation as the government seeks to encourage industrial investments. The tax exemption is targeting enterprises […]

Morocco: Australia’s Worley to launch FEED work on Tarfaya green ammonia project in Sept. 2024

Australian company Worley has announced that its Front-End Engineering Design (FEED) work on a green ammonia project in Morocco will be launched in the third quarter of 2024. In its annual report released Tuesday, Worley said the Tarfaya project, the world’s first Power-to-X green ammonia program, includes a transmission grid, hydrogen and ammonia plants and […]