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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, […]

African Diaspora Day: Moroccan King’s leadership in Africa highlighted in U.S. Congress

Morocco’s ambassador to the United States, Youssef Amrani, stressed the pivotal role of the African diaspora in the development of the continent during a conference held at the U.S. Congress, and highlighted the visionary leadership of King Mohammed VI in modern pan-Africanism. “Morocco regards the African diaspora as a key driver of co-development, one that […]

Libya: US mulling over intervention strategy against IS

The Pentagon is carefully studying military intervention options in Libya against self-style IS, a US official told reporters. “We’re looking at military options, a range of other options as… the situation in Libya unfolds,” said Pentagon press secretary Peter Cook. Cook also explained that the expansion of the terrorist group is a major concern to […]