First Independent Mena Newspaper
Industrial companies created after June 2017 will be exempted from paying the corporation tax, authorities said. A decree was published in the official gazette stating that industrial enterprises will not have to pay the tax for five years after their creation as the government seeks to encourage industrial investments. The tax exemption is targeting enterprises […]
State-owned company Tunisie Telecom (TT) will benefit from British Vodafone operational and strategic support under a three-year partnership sealed by the two sides. Under the non-equity agreement, signed last week, Vodafone will provide support in a range of areas, including enterprise, consumer, technology, and procurement. The partnership will include roaming and carrier services agreements and […]
Foreign Ministers of the European Union member countries have decided to adapt the Association and the Agriculture Agreements signed with Morocco so that they include the Moroccan Sahara. The Council of Foreign Ministers of the member countries of the European Union (EU) adopted, Monday in Brussels, its decision adapting the Association Agreement and the Agricultural […]
The adoption of the global compact for migration is a victory for the world and for multilateralism, Morocco’s permanent representative at the UN, Omar Hilale told American Television Network (ATN). “It’s a historic day for the United Nations, for the world and for multilateralism,” Omar Hilale said after the UN General Assembly approved the UN […]
Algerian authorities continue their inhumane mass expulsion of African migrants into the deadly desert despite global outrage over such a degrading behavior violating international laws and rights of migrants. The continuing selective deportation of African migrants by Algeria has been confirmed by a senior UN migration official who said that nearly 600 African migrants were […]
The recent Tunisian request to Algeria and Morocco for energy supply during the summer could usher a new era of cooperation between the countries of Africa’s least integrated region. The Tunisian electricity and gas utility (STEG) has called on the two Maghreb countries to help supply it with 300 megawatts during the peak summer season. […]
Algeria’s flagship carrier, Air Algérie is on the verge of bankruptcy due to corruption and inefficient leadership, Algerian media wrote. The crisis hitting the carrier has prompted the government to inject 2 billion dollars to pay debt and acquire new aircrafts but the company remains crippled due to a lack of strategy and vision. Air […]
All 193 UN member states agreed to the first-ever Global Compact on Migration, which will be formally adopted at a conference in Marrakech in December with a view of making migration safe and orderly while curbing human smuggling and trafficking. The all-encompassing Global Compact seeks to better manage international migration, address its challenges, strengthen migrant […]
Morocco’s biggest lender, Attijariwafa Bank, won two prizes at the Euromoney Awards for Excellence 2018. The bank was ranked best in Morocco and topped the list of banks in Africa for SMEs, Euromoney magazine said. Euromoney’s Awards for Excellence were established in 1992 and were the first of their kind in the global banking industry. […]
Morocco’s airline Royal Air Maroc (RAM) has been designed an official carrier of the Ecrans Noirs (Black screens) festival in Cameroon. The airline signed a deal with the organizers of the festival, the Ecrans Noirs Association, covering the upcoming two editions of the festival in 2019 and 2020. Under the agreement, RAM will sponsor the […]