Tangier Med Engineering, the engineering division of the Tangier Med Group, has established a strategic partnership with the Liberian government to improve the nation’s port infrastructure, marking a significant step in the expansion of Moroccan expertise across Africa. This collaboration is part......
A secluded estate in the hills of Upper Coomera on the Gold Coast is generating significant interest due to its history of attracting high-profile residents. Situated on Jenkins Court, the property has reportedly hosted notable figures, including Russell Crowe, during the filming of Land of Bad. According......
Lesieur Cristal, a key player in Morocco’s agribusiness sector, has made two senior leadership changes as part of its efforts to reinforce corporate governance and drive sustainable growth. Yasmine Tabet-Derraz has been appointed Secretary General, replacing Sophie Gavard-Benjelloun. She......
Hunt Oil Company, a prominent American oil and gas operator, has officially launched its Moroccan subsidiary, Hunt Oil Company Morocco, marking the company's entry into the Kingdom’s energy sector. This move is aimed at exploring and potentially exploiting hydrocarbon resources, pending approval......
Morocco is set to advance its defense capabilities significantly through a strategic partnership with the United States that will allow the North African country to produce F-16 fighter jet components. According to a document published in the US Federal Register on April 29, Morocco has officially joined......
A new chapter unfolds for Fairmont La Marina Rabat-Salé with the arrival of Swiss hospitality veteran Yves Mudry as general manager. Inaugurated in 2022 on the banks of the Bouregreg River, this luxury establishment welcomes the seasoned professional who brings over two decades of international......
A Finnish diplomatic team, led by Minister of Foreign Trade and Development, Ville Tavio, visited the Tangier Med Port, a growing global logistics hub, two days ago. The delegation was joined by Finland’s Ambassador to Morocco, marjaana Sall, who met with port officials to explore the port’s......
Volkswagen's net profit for the first quarter of the year decreased by 40.6 percent, dropping to €2.19 billion ($2.49 billion). Despite this, the company saw a 3 percent increase in revenue, which reached €77.56 billion. The 10-brand conglomerate, which includes Audi, Skoda, and Porsche,......
AstraZeneca is relocating part of its manufacturing operations to the United States in response to the potential imposition of tariffs on pharmaceutical imports. Chief Executive Pascal Soriot reaffirmed the company’s strong commitment to expanding in the U.S., noting a 30% increase in first-quarter......
Young Palestinian entrepreneurs benefiting from the Bayt Mal Al-Qods Acharif project incubation program for innovation and creativity expressed their deep gratitude for the unwavering support of His Majesty King Mohammed VI, President of the Al-Qods Committee, towards the Palestinian people. These young......
Marouane Abdelati has been appointed as the President of the Management Board of MEDZ and the Deputy CEO of CDG Développement, marking a significant advancement in his career. Caisse de Dépôt et de Gestion (CDG), Morocco’s state-owned institutional investor, oversees MEDZ, which......
Allianz Trade has announced the appointment of Philippe Dessèvre as its new Global Head of Reinsurance and CEO of Euler Hermes Reinsurance AG, effective October 1. This strategic leadership change follows the retirement of Benoît des Cressonnières, who has been with the company for......
The annual conference of the International Bar Association (IBA), which unites over 80,000 lawyers from leading law firms worldwide, commenced in Marrakech under the theme "Labor Law and Diversity." This significant event is organized by the IBA's Committee on Labor Law and Industrial Relations,......
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