egypt-air

Chagos deal sparks UK backlash over £30bn payout and exiled islanders’ rights

The UK government is facing mounting criticism over its £30 billion agreement to transfer sovereignty of the Chagos Islands to Mauritius, with lawmakers and human rights groups denouncing the deal’s financial and ethical implications. Under the controversial arrangement, Britain retains military access to Diego Garcia — a vital US-UK base — through a 99-year lease, […]

Morocco-Gas exploration: Encouraging results from Anchovy-2 drilling confirmed

Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]

Tunisia: No New Taxes on Companies, Individuals in 2019

The Tunisian government will not impose new taxes on companies and citizens in the 2019 budget, a statement released by the government said. According to the draft budget for 2019 released earlier this week, the government is committed to not burden economic institutions and citizens with new taxes in 2019 due to the “contributions they […]