Egypt: Tax revenue growth, plans for economic stimulus

Egypt’s tax revenues surged by 38 percent in the first half of the 2024/2025 fiscal year, according to Finance Minister Ahmed Kouchouk. During a panel organized by the Egyptian Association for Direct Investment and Venture Capital, Kouchouk attributed this growth to the Government’s ongoing efforts to broaden the tax base and strengthen cooperation with taxpayers. […]

Record 18.2 mln Passengers Passed through Morocco’s Airports in 2016

The number of passengers at Moroccan airports grew 3.58% in 2016 compared to 2015 to reach a record 18.2 million, said the national airport office (ONDA.) This increase is ascribed to the momentum witnessed in international air traffic, which rose by 3% accounting for 16.31 million passengers in 2016, said the ONDA in its latest […]

Morocco sends more aid to flood-hit Spain

A humanitarian convoy consisting of 13 trucks (12 tankers and a repair and tool vehicle) departed from Tanger-Med on Nov 16, and was sent to flood-stricken Valencia, Spanish news agency EFE reported. It was the second assistance convey sent by Morocco to Valencia. The first convoy had arrived last week. It included 25 truck vacuum […]