former tunisian president moncef marzouki

Morocco raises insurance tax to bolster natural disaster fund

Morocco’s government will implement a significant increase in the parafiscal solidarity tax on insurance contracts, raising the rate from 1 percent to 1.5 percent. The amendment, scheduled for approval by decree at this Thursday’s Council meeting, aims to strengthen the nation’s disaster response capabilities following recent catastrophic events. The additional revenue will flow directly into […]

The Africa-Arab summit and the Kuwait Declaration

The 3rd edition of the Africa-Arab summit which assembled most of the heads of states of the different countries from the two continents has ended in Kuwait. The summit gear’s towards building solid economic relations between them. The highlight of this year edition is the signing of the Kuwait Declaration. The host of the summit, […]

Casablanca Finance City, Istanbul Financial Center Strengthen Financial Connectivity

The Casablanca Finance City (CFC) and Istanbul Financial Center (IFC) have agreed to strengthen financial connectivity, promote regional trade, and enhance economic engagement across regional and international markets. The agreement was inked Tuesday by Said Ibrahimi, CEO of Casablanca Finance City Authority and Ahmet İhsan Erdem, CEO of IFC. The two financial hubs pledge to […]