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Morocco’s 2022 draft budget foresees 3.2% growth, 5.9% budget deficit
Morocco’s government has unveiled the headlines of its budget draft bill forecasting a budget deficit of 5.9% of GDP and a growth rate of 3.2%. Speaking to the press following a government council, finance minister Nadia Fettah Alaoui and minister in charge of the budget reiterated the commitment of the government to foster the social […]
Schneider Electric connects 5HW solar park in Egypt
French industrial group, Schneider Electric has commissioned the first solar power plant in Sharm el Sheikh, a seaside town in the Sinai region of eastern Egypt. Schneider Electric completed the implementation of the first phase of the project at a cost of $5m in the feed-in tariff mechanism, in cooperation with Al Tawakol Electrical Company […]
Morocco: US Alerts Rabat & Madrid over Looming IS Terror Attacks
The United States has warned Moroccan and Spanish authorities of eminent terror attack plans floating over Spain-ruled enclaves of Ceuta and Melilla, reports say. The US intelligence services’ warnings, according to Moroccan Arabic Al Massae newspaper, indicate that a cell of the Islamic State group is secretly operating on the two enclaves and is proceeding […]



