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Automotive industry: Indian Varroc Lighting Systems Opens Plant in Morocco
Varroc Lighting Systems opened Tuesday a greenfield 17,000-square meter facility in Tangier, Morocco. The facility produces headlamps, rear lamps, and daytime running lamps for current and future customers located in Morocco, Spain, and France. Speaking on this occasion, Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and Digital Economy, said the opening of this plant […]
Attijariwafa Bank to Expand Operations to East Africa
Moroccan Attijariwafa Bank group, which is already present in North Africa and West Africa, is planning to set foot in East Africa through new acquisitions to be launched by the end of 2019, announced Youssef Rouissi, the bank’s deputy general manager. Speaking to Reuters on the sidelines of an investment conference in Johannesburg, Rouissi , […]
Drought slashes Morocco’s cereals harvest to 30 mln quintals in 2020- Agriculture ministry
Morocco braces for a meagre crop this year as a result of drought which cut output 42% to 30 million quintals, the agriculture ministry said. Morocco’s reserves of wheat is enough to meet the needs of domestic consumption for 4.5 months said the ministry reassuring the availability of flour, the basic staple, during Ramadan and […]


