ENI

Morocco cuts smartphone import taxes to 2.5% in 2026 budget

Morocco has lowered taxes on imported mobile phones from 17.5% to 2.5% as part of the 2026 Finance Law, a move the government says will help stabilize the market, reduce smuggling and support businesses that operate legally. The new rate applies to all mobile phones, whether fully assembled or imported in pieces to be put […]

Japan lends Morocco $200 mln in aid

Japan has offered Morocco a loan of $200 million to back the coronavirus response program. An agreement was signed in this regards between Morocco’s finance ministry and Japan’s international cooperation agency (JICA). This loan aims at helping the government deal with the health, social and economic repercussions of the pandemic. JICA has been operating in […]

Iraq: Al-Baghdadi challenges Moqtada al-Sadr

A recorded audio message alleged to be the voice of Caliph Abu Bakr al-Baghdadi of the Islamic State who also doubles as the leader of ISIS has been released. The message appreciated the efforts and the courage of the militants that took over the city of Ramadi and announced that the group’s next objective is […]