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Middle East conflict and rising oil prices weigh on Transavia operations

The ongoing conflict in the Middle East and the recent surge in global oil prices are significantly affecting the operations of Transavia, the low-cost airline belonging to the Air France-KLM group. Company executives say the situation is creating both operational and financial challenges for the airline. Transavia......

Global finance braces for mounting Iran crisis risks

Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United......

Egyptian tech firm 2B launches first store in Morocco, driving North African expansion

Egyptian technology and IT solutions provider 2B has officially inaugurated its first retail store in Casablanca, marking a significant step in its strategy to expand across North Africa. This move follows the company’s successful operations in Egypt, Saudi Arabia, and China, and aims to provide......

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......

Egyptian Hospitality Giant Pickalbatros Expands Its Moroccan Portfolio

In a strategic move that underscores its commitment to the North African hospitality market, Pickalbatros, Egypt's leading hotel and tourism group, has announced the acquisition of four prestigious hotels in Morocco. This expansion marks a significant milestone in the company's growth trajectory......

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