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French Auto Supplier Faurecia to Build 3rd Plant in Morocco
French company Faurecia, a world leader in car parts manufacturing, is planning to build in Morocco its third plant specialized in car interiors and emissions control devices. The plant will open its doors next year in the coastal city of Kenitra, Faurecia Chief Executive Patrick Koller said in a statement, following the inauguration of the […]
Russia, NATO, and Crimea – Putin’s Reagan Gambit
On one side is the world’s most prominent political and military alliance, on the other a Russia actively looking beyond its borders into a Europe that has been a close partner for several years. However this is not the Cold War. At its fall the Soviet Union was struggling to compete in an arms race […]
Morocco’s subsidies spending spikes to $1 bln so far this year
Morocco’s spending on cooking gas, sugar and flour subsidies hit 10 billion dirhams ($1 bln) so far this year, compared with 3.8 billion dirhams the same period last year, official figures showed. This 170% increase is mainly due to the simultaneous post-covid recovery which created high demand on commodities, worsened by an offer shortage […]



