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EBRD Lends €16 Mln to Varroc Lighting Systems Morocco
The European Bank for Reconstruction and Development (EBRD) announced Friday a €16 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The loan will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant in Kenitra, as well […]
Egypt, Russia to Boost Trade, Industrial Cooperation
Egypt and Russia have signed several agreements and memoranda of understanding meant to boost trade and industrial cooperation between the two countries. The accords were signed at the end of the tenth Russian-Egyptian intergovernmental commission session on trade, economic and scientific cooperation held in Cairo. Some of the major agreements provide for the establishment of […]
Terrorism: Morocco’s FBI Chief Deplores Algeria’s Reluctance to Cooperate
Omar Khiame, Head of Morocco’s Central Bureau of Judicial Investigations- an offshoot of Morocco’s domestic intelligence services- deplored that Algerian authorities remain reluctant to cooperate on security issues relating to counterterrorism. Speaking at a TV show on Morocco’s 2M channel on the anniversary of May 16, 2003 terrorist attack that hit Casablanca, Khiame highlighted the […]



