Moeni Chaabani

Morocco turns to taxes to cut deficit

Morocco plans to increase the budget for health, education and social safety nets next year but expects the budget deficit to be reduced thanks to an increase in tax revenue, reads the 2023 draft budget. The budget plans to increase in the next four years taxes on companies exceeding 100 million dirhams in annual profits. […]

Somali president calls for immediate ceasefire after dozens were killed in Somaliland

Somali President Hassan Sheikh Mohamud has called for a ceasefire after clashes in a disputed town in the breakaway region of Somaliland left at least 13 people dead. Tensions have been building in Las Anod, the capital of the contested Sool region, since December last year, as the region has been a point of conflict […]

Aeronautics: Airbus acquires Spirit AeroSystems major activities, including Casablanca plant

European aircraft manufacturer, Airbus, has agreed with U.S. supplier “Spirit AeroSystems” to acquire the major activities related to its airbus planes manufacturing in five plants, including the Casablanca site. In a press release issued Monday, Airbus said the $559 million acquisition deal aims to ensure stability of supply for its commercial aircraft programs through a […]