Business



MEGA V STORES Morocco rebrands as Brands & Corners in retail overhaul

MEGA V STORES Morocco, a subsidiary of Retail Holding Group and a major player in specialized retail distribution in Morocco for nearly two decades, has announced the launch of its own proprietary brand: Brands & Corners. The rebrand marks a strategic turning point for the company, translating twenty......

Morocco's largest bank eyes equity stake in French AI startup Mistral

Attijariwafa Bank, Morocco's largest financial institution and one of Africa's biggest lenders, is exploring an equity investment in Paris-based artificial intelligence startup Mistral AI, according to Africa Intelligence. The bank, controlled by Al Mada, the holding company of Morocco's......

ONCF expands train service for Eid al Fitr travel surge

Morocco’s national railway operator ONCF has introduced a special transport plan for Eid al Fitr 1447 and the end of the school holiday period, expanding rail service across the country from March 17 to March 29, 2026. The company said the temporary schedule is designed to manage higher passenger......

SGTM prepares Casablanca IPO to fund $3.4 billion construction boom

Moroccan construction giant SGTM is gearing up for an initial public offering (IPO) on the Casablanca Stock Exchange as it seeks funding to support a record-breaking $3.4 billion order book. The company, which has secured contracts worth MAD 34 billion as of September, aims to sustain its rapid expansion......

Tesla begins recruitment in Morocco, signaling regional expansion plans

Tesla has officially commenced recruitment efforts in Morocco, marking a significant step in its African expansion strategy. The electric vehicle giant is seeking a Country Sales & Delivery Leader to spearhead its operations in the country, signaling the start of commercial activities in Morocco. The......

Fayçal Lahlou Nabil to spearhead Gentis’ Middle East and Africa operations

Gentis, a global executive search and recruitment firm, has appointed Fayçal Lahlou Nabil as Executive Director for the Middle East and Africa (MEA) region. In his new role, Nabil will lead the company’s operations across the region, focusing on driving growth, strengthening client relationships,......

Morocco’s TGCC eyes Gabon’s infrastructure projects in strategic expansion

Gabon’s President Brice Clotaire Oligui Nguema recently hosted Mohammed Bouzoubaa, CEO of Morocco’s leading construction group TGCC, to discuss key infrastructure projects aimed at modernizing the country. The talks centered on priority initiatives, including university hospital centers,......

Moroccan entrepreneur Asmaa Gacem rescues Italian football club AC Prato from collapse

Moroccan-Italian business leader Asmaa Gacem has officially taken full control of Italian football club AC Prato, acquiring 100% of its shares from Humanativa Group through her Florence-based holding company Finres SpA. The €800,000 deal transfers not just ownership but also full financial responsibility.......

Casablanca hosts over 500 architects to shape Morocco's architectural future

On June 21, the National Council of the Order of Architects convened its annual General Assembly in Casablanca, bringing together over 500 architects, including the presidents of the 13 regional councils and their elected members. The gathering served as a platform to review achievements, tackle pressing......

Rabat Business School and AXA Services Maroc forge partnership to advance youth employability

Rabat Business School (RBS), a leading institution within the International University of Rabat (UIR), has joined forces with AXA Services Maroc to bridge the gap between academia and the labor market, fostering employability for young Moroccan graduates. The partnership was formalized during a recent......

Maroc Telecom adopts unified governance model to enhance strategic agility

Maroc Telecom has officially transitioned to a unified governance structure, consolidating its leadership into a streamlined Board of Directors. This significant shift was approved during the company’s Extraordinary General Assembly on June 18, 2025, marking a new chapter in its strategic evolution. End......

Maroc Telecom signs landmark agreement with union to boost employee benefits

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......

BTR projects $1.2 billion annual revenue from its EV battery plants in Morocco

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......

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