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Morocco’s wealth concentrates in coastal hubs, regional disparities deepen
Morocco’s economic geography reveals a tale of two countries: thriving coastal hubs generating most national wealth while interior regions struggle with decline, according to new regional accounts from the High Commission for Planning. Casablanca-Settat remains the undisputed economic powerhouse, contributing 31.4 percent of national GDP and over a quarter of household consumption. Yet this dominance […]
Libya: HoR Speaker announces further tax reduction on foreign currency transactions
Speaker of Libya’s House of Representatives (HoR), Aqila Saleh, announced on Wednesday, November 20, a further reduction in the tax on foreign currency transactions, lowering it to 15% from the previous 20%. This adjustment applies to all purposes and marks the second decrease in what is commonly referred to as the “dollar tax.” Last October, […]
Morocco to Take over chairmanship of COP
Morocco will take over the chairmanship of the United Nations Climate Change Conference from France which is hosting the COP21 from November 30 to December 11. The announcement was made by French President François Hollande during his official visit to Morocco earlier this month. “I will receive H.M. King Mohammed VI on the occasion of […]



