Business



Nezha Hayat appointed as director general of Mohammed VI investment fund

Nezha Hayat has officially taken over from Mohamed Benchaaboun as the director general of the Mohammed VI Investment Fund, as announced in a statement from the royal palace. This appointment was made during a ministerial council chaired by His Majesty King Mohammed VI. The primary mission of the investment......

Hunt Oil Expands into Morocco with New Energy Exploration Subsidiary

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 joins US program to manufacture F-16 fighter jets

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......

Swiss hotel expert takes charge at Fairmont La Marina Rabat-Salé

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......

Entrepreneurs appreciate the ongoing support of His Majesty King Mohammed VI for the Palestinian people

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......

Khaoula Ramdi leads Atlas Capital Private Equity into new ventures

Khaoula Ramdi has been appointed the head of Atlas Capital Private Equity, the newly established private equity division of Atlas Capital Group. Following her tenure at Upline Investments, a subsidiary of Banque Populaire, Ramdi brings her extensive expertise to guide this strategic entity, which aims......

Morocco: A Key Bridge Between Africa and Europe

The Italian Ambassador to Morocco, Armando Barucco, highlighted Morocco's pivotal role as a bridge connecting Europe and Africa. Under the leadership of King Mohammed VI, Morocco has positioned itself as a central hub for both continents, with significant developments in infrastructure and contributions......

Best Health appoints Adnane Zerhouni as CEO to drive African healthcare innovation

Best Health announces Adnane Zerhouni as its new CEO to accelerate growth and innovation in Africa’s healthcare sector. Best Health has officially appointed Adnane Zerhouni as its new Chief Executive Officer, signaling a strategic step to expand its leadership in Africa’s healthcare industry.......

Anouar Invest unveils academy to boost industrial competitiveness in Morocco

Anouar Invest, a leading industrial group, officially launched its new academy for training and skills development on Monday, February 24, in Rabat. The milestone event marked the signing of a strategic partnership with Morocco’s Ministry of Industry and Trade, as well as four higher education......

Strengthening Strategic Ties: China’s Investment Commitment to Morocco

During a dialogue organized by the Moroccan Council for Foreign Affairs on Thursday in Rabat, Li Changlin, the Chinese Ambassador to Morocco, emphasized that China views the Kingdom of Morocco as a key strategic partner and a prime destination for investment. He highlighted the growing strategic relations......

Moroccan export support programs expand to reach broader business spectrum

The Moroccan Agency for Investment and Export Development (AMDIE) has broadened access to its flagship export support initiatives, working alongside the Ministry of Industry and Trade and the Moroccan Confederation of Exporters (ASMEX). The expansion introduces an open application system, creating new......

Morocco launches innovative housing program to empower young buyers

The Moroccan government has unveiled significant real estate incentives through its "Pass Jeunes" program, following a strategic partnership with Al Omrane Group. The initiative, formalized in Rabat through an agreement signed by Youth, Culture and Communication Minister Mohamed Mehdi Bensaid,......

Cleanzy earns recognition as innovative laundry brand of the year at Arab Franchise Expo 2024

Moroccan eco-consciousness and innovation have taken the spotlight as Cleanzy, a frontrunner in environmentally friendly dry cleaning, was awarded the title of "Innovative Laundry Brand of the Year" at the Arab Franchise Expo in Dubai in November 2024. This global event brought together leaders......

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