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EBRD Supports Morocco’s Car Industry with € 15 Mln Loan to Varroc Lighting Systems

The European Bank for Reconstruction and Development (EBRD) supports Morocco’s automotive industry with a €15 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The EBRD’s financing will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant […]

Libya: High Council of State hails outcome of MPs consultative meeting of Tangier

Libya’s High Council of State has praised the outcome of the consultative meeting of members of the Libyan House of Representatives, held in the Moroccan city of Tangier Nov. 23-28 with the participation of 123 MPs representing various political parties, trends and groups.   The Council commended, in a press release, the decision to convene […]

Morocco Eyes Israel LORA Tactical Ballistic Missile to Strengthen its Deterrence Capabilities

Morocco is reportedly planning to acquire additional Israeli-made defense systems, including the short-to-medium range LORA missiles, which could be used by the HIMARS artillery systems the Kingdom is buying from the United States. Since the normalization of relations in 2020, Israel has become an increasingly important supplier of air defense, unmanned systems, precision fires and […]