Security Council

Nexans inaugurates new plant in Morocco for the production of fiber optic cable accessories

Nexans has inaugurated this Tuesday a new plant for the Telecom Systems Business Unit in Nouaceur, strengthening thus its industrial presence in Morocco. The new plant will serve the European market, as well as the North African market, the Paris-headquartered global company in the cable and optical fiber industry said in a press release. Located […]

EU makes €190 million financial contribution to post-quake reconstruction

The EU has pledged 190 million euros in a new financial contribution to Morocco’s post-quake reconstruction efforts. An agreement was signed in that respect by the EU’s commissioner for the neighborhood Olivér Várhelyi and minister in charge of the budget Fouzi Lekjaa. The Commissioner said the EU has injected 5 billion euros in the Moroccan […]

Morocco keeps budget deficit in check despite rising spending in first half of 2025

Morocco’s budget deficit remained within manageable limits during the first half of 2025, despite an increase in public spending, according to new figures released by the General Treasury of the Kingdom (TGR). As of the end of June, the deficit stood at 24.8 billion dirhams, a level consistent with the targets set in the 2025 […]