Morocco’s domestic tax revenues rose by an unprecedented 21% year-on-year by the end of August, signaling a remarkable fiscal performance ahead of the presentation of the draft Finance Bill for the upcoming legislative session, scheduled before October 20. The surge reflects a dynamic tax environment, with the country’s three main levies (corporate income tax (IS), […]
The European Investment Bank (EIB) will loan Egypt by year’s end €1.1 billion in form of financing package for the implementation of three transport projects in the Arab country. The package will come in two installments. The first tranche will take place in December and valued at €600 million, the Egyptian cabinet said in a […]
Libya’s Premier Abdul-Hamid Dbeibah has charged several countries including neighboring Tunisia, Belgium and Malta of stealing and seizing Libya’s money and assets, Libya Observer reports. Dbeibah leveled the charges during the Public-Private Partnership Workshop held early this week in Tripoli. For the Libyan Premier, the oil-rich country is unlikely to recoup its assets frozen in […]
