Business
Shenzhen JDD Tech New Materials, a prominent Chinese manufacturer of polymer components under the Junida brand, has announced plans to establish a production facility in Morocco focused on functional protective coatings for the automotive industry. This move marks the company’s expansion beyond......
Improved wages and benefits for employees and retirees The National Telecommunications Union (SNT), affiliated with the Democratic Federation of Labor (FDT), has signed a new social agreement with Maroc Telecom. This deal enhances salaries, education aid, health coverage, and vacation access for both......
Allianz Maroc has announced the appointment of Fahd Mokdad as its new Director General, effective May 29. This leadership change marks a significant moment for the company, which has operated in Morocco for over 70 years and, since 2016, under the global Allianz brand. Mokdad succeeds Abderrahim Dbich,......
In today’s professional landscape, a frustrating reality emerges: the most qualified individuals are not always the ones who advance the fastest in their careers. This paradox, where less competent individuals often rise to the top, can be attributed to various psychological, social, and organizational......
The recent meeting between Morocco’s Minister of Transport and Logistics and the CEO of Embraer, a leading Brazilian aerospace company, marks a significant step in deepening the strategic collaboration between Morocco and a key player in the global aviation sector. This dialogue aligns with Morocco’s......
Chinese battery components giant BTR is strengthening its footprint in Morocco through the construction of two major production facilities in the Tanger Tech industrial zone. Once operational in 2026, these plants are expected to generate up to $1.2 billion in annual revenue, with a capacity aimed at......
Spanish ferry company Balearia has unveiled a significant expansion of its services between Tarifa, Spain, and Tangier, Morocco, by introducing a new high-speed ferry, the Jaume I, which commenced operations today. This ferry, with a capacity for over 600 passengers and 150 vehicles, departed from the......
Elon Technology, a private Chinese firm specializing in wind energy equipment, is set to inaugurate its first manufacturing facility outside China in Nador, located in northeastern Morocco, by the end of May. The factory’s construction is nearly complete, with plans to produce 750 sets of turbine......
Maroc Telecom shareholders will convene on June 18 to decide on a fundamental governance restructuring. The telecommunications company intends to transition from its dual-board framework to a unitary board system. This change is projected to consolidate the decision-making apparatus within the organization. The......
Ryanair reported a 16% drop in annual profit, amounting to €1.61 billion ($1.8 billion) for the fiscal year ending in March, according to its latest earnings release. Despite this, the airline saw a modest 4% increase in total revenue, reaching €13.95 billion. Passenger traffic grew significantly,......
The "Choose France" business summit this year is expected to attract €37 billion ($41.35 billion) in total investments, according to Finance Minister Eric Lombard. The event focuses on encouraging major international companies to invest in France, with €20 billion allocated to new......
Morocco’s government is set to unveil a new initiative aimed at bolstering very small enterprises (VSEs), a vital segment of the nation’s economy. The announcement was made in Casablanca by Younes Sekkouri, Minister of Economic Inclusion, Small Business, Employment, and Skills, during the......
About twenty Spanish citizens are currently confined within the Spanish Embassy in Tripoli, Libya, awaiting repatriation, which they expect to happen within one or two days. The Libyan Government of National Unity recently announced a ceasefire after several days of clashes among local militias in the......
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