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Morocco brings global tech platforms into VAT net as digital tax regime takes effect
Global digital platforms including TikTok, Apple, Google, OpenAI and Spotify have begun applying Morocco’s 20% value-added tax (VAT) to some services sold to Moroccan customers, providing the clearest sign yet that the country’s new regime for taxing digital services is taking effect. The changes are now appearing on invoices and transactions seen by Moroccan users, […]
LNG traders hit with huge losses due to LNG plants disruptions in Nigeria, US and Australia
Nigeria’s liquified natural gas (LNG) facility at Bonny Island has seen production decline in recent months as a result of a shortage of natural gas supply due to rampant theft and sabotage of oil and gas pipelines. Also unplanned disruptions at LNG plants in the United States and Australia have wrong-footed traders, including BP and […]
Egypt: Pro-Sisi parties triumph in parliamentary elections
Political parties loyal to President Sisi dominated in the parliamentary elections where For Love of Egypt party won all the 120 seats allocated to the list system while the majority of the remaining 448 seats filled on individual basis was also held by pro-Sisi parties. The elected MPs would be joined by 28 other members […]



