In a latest measure to spur the defense industry, the Moroccan government adopted a decree exempting investors from corporate tax. The tax break will benefit manufacturers of defense equipment, weapons, and ammunition, the spokesman for the government said following a cabinet meeting. In June, the government approved a bill to set up two industrial acceleration […]
Italy’s energy company Eni and Algeria’s state-owned hydrocarbons firm, Sonatrach, inked an agreement to build a solar plant to help the north African country reduce its dependency on gas. In addition to meeting local electricity demand, the plant would also free up more gas for the export market, local media said. The 10MW plant will […]
The Inter-Parliamentary Union (IPU), which is convening its 137th General Assembly in St. Petersburg, Russia, has approved Morocco’s proposal to include on the agenda an emergency item on the ongoing humanitarian crisis of the Rohingya, Burma’s Muslim minority. The Moroccan proposal, supported by Indonesia, the United Arab Emirates, Bangladesh, Kuwait, Iran, Sudan and Turkey, won […]
